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Cloud [144]
3 years ago
14

A company's Cash account shows an ending balance of $4,200. Reconciling items included a bookkeeper error of $50 (a $550 check r

ecorded as $600), two outstanding checks totaling $810, a service charge of $25, a deposit in transit of $280, and interest revenue of $33. What is the adjusted book balance?
Business
1 answer:
hoa [83]3 years ago
6 0

Answer:

Adjusted book balance will be $4258

Explanation:

We have given ending book balance = $4200

Error in recording = $50

Interest revenue = $33

And service charge = $25

We have to find the adjusted book balance

Adjusted book balance is given by

Adjusted book balance = Ending book balance + error in recording + interest revenue - service charge = $4200+$50+$33-$25=$4258

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Joann, most likely, has Point of Services type of insurance plan. There are six types of the insurance health plans that differs by their premium and benefit. The HMO plan, the PPO plan, the EPO plan, and the Point-of-Service Plan (POS) are the types of insurance plan that shares a similar benefit. However, the POS plan gives the most freedom in term of health providers. Thus, POS plan is the most suitable answer.
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3 years ago
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Phil purchased a car today at a price of $8,500. He paid $300 down in cash and financed the balance for 36 months at 5.75 percen
Yanka [14]

Answer:

\large\boxed{\large\boxed{\$ 248.53}}

Explanation:

The equation to calculate the <em>monthly payment</em> for fixed-rate loans is:

     Monthly\text{ }payment=Loan\times \bigg[\dfrac{r(1+r)^t}{(1+r)^t-1}\bigg]

Where:

  • Loan = $8500 - $300 = 8,200
  • r is the monthly interest = 5.75% / 12 = 0.0575/12 ≈ 0.00479
  • t is the number of moths = 36

Substituting:

Monthly\text{ }payment=\$8,200\times \bigg[\dfrac{(0.0575/12)(1+(0.0575/12))^{36}}{(1+(0.0575/12))^{36}-1}\bigg]=\$ 248.53

6 0
3 years ago
The tool that is used in situations when programmed decision making is appropriate is a _____ plan.
fredd [130]

A standing plan is the answer.

8 0
3 years ago
Say that our company has treated you unfairly and dishonest which of the following options could help resolve the issue
dsp73
Speak to their corporate consumer department.
6 0
3 years ago
A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $19,000 indicates that
Xelga [282]

Answer:

Departmental wage expenses for Dept. Y = 8,750 and Dept. Z = 10,250.

Explanation:

Direct wages of Y and Z sum 2,000 + 3,500 = 5,500. The remaining expenses are the difference between total wage expense and direct wage expenses. That means indirect expenses are 19,000 - 5,500 = 13,500. These has to be allocated half for each department.

  • Dept Y expense is 2,000 + 13,500/2 = 2,000 + 6,750 = 8,750
  • Dept Z expense is 3,500 + 13,500/2 = 3,500 + 6,750 = 10,250
8 0
3 years ago
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