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3 years ago

How should a destroyed check by recorded in a check register?

Business

1 answer:

Jet001 [13]3 years ago

7 0

Destroyed checks should be recorded in the checkbook register as "void."

Hope that helps :)

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On May 3, 2020, Pina Company consigned 90 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers amo

Yuki888 [10]

Answer:

a. Inventory value of units unsold in the hands of the consignee.

$ 480 * 45= $ 21600

b. The profit for the consignor for the units sold = $12,150

c. The amount of cash that will be remitted by the consignee $10,960.4

Explanation:

a. Inventory value of units unsold in the hands of the consignee.

$ 480 * 45= $ 21600

b. The profit for the consignor for the units sold = $12,150

c. The amount of cash that will be remitted by the consignee $10,960.4

Remittance from consignee $________

Freezers 90 *$ 470= $ 42300

Freight $ 870

Total Cost $ 43,170 for 90 freezer

Cost of One freezer = $ 43170/ 90= 479.6 = $ 480

Sales 45* $750= $ 33750

Cost of 45 freezers= $ 21600

Gross Profit 12150

Installation Charges $ 310

Advertising $ 180

Profit $11660

Commission 699.6

Net Profit $ 10,960.4

Working : 6 % of $11660= $ 699.6

3 0

3 years ago

If a budgetary reporting system provides adequate reports, but the reports are not analyzed and acted upon:

dalvyx [7]

Answer:

The control has been implemented but is not operating effectively.

Explanation:

Budgetary control in finance can be regarded as the management of income as well as expenditure. It involves comparison of actual income/ expenditure with the planned income/ expenditure on regular basis so that it will be easier to know if there is need for corrective action. It should be noted that if a budgetary reporting system provides adequate reports, but the reports are not analyzed and acted upon, then there is implementation of control already but there is no effective operation.

6 0

3 years ago

Which of the following strategies is used in the following ad:

Volgvan

Answer:

Explanation:

3 0

3 years ago

Read 2 more answers

In 2003, Congress passed a substantial cut in income taxes. The Federal Reserve also substantially lowered interest rates. How c

s344n2d4d5 [400]

Answer:

D. The tax cut can be categorized as fiscal policy and the lowering of interest rates can be categorized as monetary policy.

Explanation:

Fiscal policy is when the government uses either taxes or government spending to influence the economy.

Contractionary fiscal policy is when the government increases taxes or reduces spending.

Expansionary fiscal policy is when the government decreases taxes or increases spending.

Monetary policy are policies enacted by central bank of a country to control money supply or interest rest.

Contractionary monetary policy is reducing money supply or increasing interest rates.

Expansionary monetary policy is increasing money supply or decreasing interest rate.

I hope my answer helps you.

8 0

4 years ago

This type of pay is defined as added pay for employees that have reached the maximum of a pay grade and are unlikely to move int

Anna71 [15]

The answer is longevity pay.

5 0

3 years ago