Answer:
the reconciliated bank statement will be for 2,679.45
Explanation:
bank balance 3,481.55
deposit in transit 12.90
outstanding checks (815)
adjusted bank 2,679.45
account balance 2,715.83
services change 1.02
fees (37,40)
adjusted account 2679,45
Answer and Explanation:
The adjusting entry made on Tuesday is as follows
Salaries expense Dr $120 ($300 × 2 days ÷ 5 days)
To Salaries payable $120
(Being the salaries expense is recorded)
here the salaries expense is debited as it increased the expenses and salaries payable is credited as it also increased the liabilities.
Answer:
$2,100
Explanation:
Data provided in the question
Prepaid rent account before adjustment at the end of the month = $2,800
And, the monthly rent is $700
So, the amount of prepaid rent after adjustment is
= Prepaid rent account before adjustment at the end of the month - the monthly rent
= $2,800 - $700
= $2,100
Basically we deduct the monthly rent from the prepaid rent balance before adjustment
Answer: Option (d) is correct.
Explanation:
Correct option: Market price is greater than marginal cost.
In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.
At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.
Therefore, option (d) is not true.
Answer:
a measurable goal
Explanation:
A measurable goal is a part of the S.M.A.R.T goals that brings structure and trackability into your goals and objective.
By greeting and possibly knowing customers names the services marketing manager can to be able to attract more customers not just by understanding what the customer needs but being able to relate available product or services to them.
By so doing the service marketing manager can be able to measure what exactly he/she has achieved after providing the required service to the customer
