Answer:
a. $4,160.
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.
The adjusting items are
- Notes receivable and interest collected by bank 850
- Bank charge for check printing 20
- NSF check 170
Hence the adjusted cash balance
= $3500 + $850 - $20 - $170
= $4,160
Answer:
c. $215,000
Explanation:
The computation of the amount charged to income is shown below:
But before that first we have to determine the book value as on Jan 2024 which is
Total patent cost
= $200,000 + $50,000
= $250,000
Amortized cost till year 2024 is
= ($250,000 ÷ 10 years) × 3 years
= $75,000
The three years is counted from 2021 to 2024
Now
Book value on Jan 2024 is
= $250,000 - $75,000
= $175,000
So,
Amount charged to income is
= $175,000 + $40,000
= $215,000
Answer:
198,000
Explanation:
(960000 - 60,000) / 5 = 180k
Deprecation expense = 180,000 x 5 = 720,000
Deprecation expense from January to April = 4/12 x 180000
720 + 75h
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Managers and leaders are often encouraged through leadership skills training to: Discover fresh, creative approaches to managing and developing people.create fresh business chances.
Take on the bigger socioeconomic problems they are facing.
<h3>How might leadership abilities enhance work performance?</h3>
Effective leaders are ready to encourage their team, handle and assign tasks, hear criticism, and have the pliability to address issues in a workplace that is always evolving.
These are the qualities that hiring managers search for in candidates for leadership positions.
Learn more about leadership:
brainly.com/question/1232764
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The four career pathways in the finance cluster are banking and related services, business financial management, financial and investment planning, and insurance services.
