Cullumber Company had these transactions during the current period:

Wright Company's cash account shows a $29,300 debit balance and its bank statement shows $27,600 on deposit at the close of busi

IgorLugansk [536]

Answer:

Bank Reconciliation Statement:

Calculation of Adjusted cash Balance on 31 May:

Cash Balance: $ 29,300

less: Bank Charges $ (190)

less: NSF Check $ (420)

Adjusted cash Book Balance $ 28,690

Add: Outstanding Checks $ 6,500

Less: Uncleared Checks $ 7,100

Revised Cash Book Balance (A) $ 28,090

Bank Statement Balance $ 27,600

Add: Error by Bank $ 490

Adjusted Bank Balance (B) $ 28,090

Explanation:

Bank reconciliation is a company document prepared in order to reconcile difference between balance as per cash book and balance as per bank statement.

The difference arise because of two reasons:

Timing differences (Outstanding checks and Uncleared checks
Error and Omissions. (Bank charges -NSF)

6 0

3 years ago

___________ is a process used to test consumer reactions about a product among potential users.

aleksandrvk [35]

Answer:

the correct answer is D

Explanation:

Test marketing is a process used to test consumer reactions about a product among potential users.

good luck

5 0

3 years ago

Read 2 more answers

Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convin

zloy xaker [14]

Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.

Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.

Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.

Learn more about group boycott here: brainly.com/question/13894564

#SPJ4

3 0

2 years ago

Mohammed works in a marketing department and is working on his Master's Degree in Marketing. His career goal is to become the ma

Zielflug [23.3K]

Answer:

(D) He should include a timeframe.

Explanation:

A concrete mapping of his goal in a timeframe is all Mohammed needs to make his goal SMART (Specific, Measurable, Achievable, Realistic, and Timely).

Since Mohammed is someone who has a strong educational and professional background regarding his goal, then the goal automatically becomes realistic and achievable. On the other hand, it is also specific, since he clearly states his desired position (he emphasizes the job of marketing department manager instead of simply stating he wants a promotion).

Since his goal is a discrete (not continuous) event, the Measurable characteristic is somewhat irrelevant.

All that is left for him to do is to state by which point in time he wants to achieve that goal (e.g. in five years' time).

6 0

3 years ago

Pedregon Corporation has provided the following information:

Ulleksa [173]

Answer:

$22,750

Explanation:

Data provided

Fixed manufacturing overhead = $16,500

Units produced = 5,000

Variable manufacturing overhead = $1.25

The computation of the total amount of manufacturing overhead cost is shown below:-

Manufacturing overhead = Fixed manufacturing overhead + Variable manufacturing overhead

= $16,500 + (5,000 × $1.25)

= $16,500 + $6,250

= $22,750

5 0

4 years ago