Answer:
a. 1
Explanation:
Rules-based monetary policy advocats would most likely set the annual money supply growth rate at 1%. The money supply refers to the total value of money that is available in an economy at a particular point in time. This usually includes currency in circulation as well as demand deposits. However, the exact definition of "money supply" can vary depending on the central bank that manages it.
Answer:
Explanation:
The following would be a good way to end an interview.
It has been very interesting learning how the company works and the different tasks involved with the position. I would be very excited to get a chance to contribute to the team. Is there any other additional information or documentation that you will need from me? If so I would be glad to get it for you for our next meeting.
This ending would show your interest in the job and courteously set up further interactions.
Answer:
The correct cash balance that should be reported in Mooner Sooner's balance sheet at the end of the year is $5,800.
Explanation:
For adjusting the bank statement balance do not consider note collected by the bank, service fee and NSF check returned. Note collected by the banks are already recorded in the bank passbook, so there is no adjustments are needed in the bank statement. Service charge is deducted by the bank, so service charge also recorded in bank passbook; hence no adjustments are required in the bank statement balance. In the case of NSF check returned no adjustments are needed in the bank statement balance.
correct bank balance = Bank balance + Deposits outstanding - Checks outstanding
= $9,000 + $4,600 - $7,800
= $5,800
MAKE SURE YOU AVOID THIS:
For calculating correct cash balance only checks outstanding and deposits outstanding are adjusted with bank balance. For getting correct cash balances add deposit outstanding to the balance as per the bank and minus outstanding checks. Deposit in transit amount must be added to the bank side of the bank reconciliation statement and outstanding check must be deducted from the bank side of the bank reconciliation statement. Here, bank balance is $9,000, checks outstanding are $7,800 and deposits outstanding is $4,600, hence correct cash balance is $5,800.
Therefore, The correct cash balance that should be reported in Mooner Sooner's balance sheet at the end of the year is $5,800.
If liability is classified as current, rather than noncurrent, the company's working capital will <u>decrease</u>.
Legal responsibility is something someone or an agency owes, usually a sum of money. Liabilities are settled over time through the switch of financial benefits inclusive of cash, goods, or services.
Assets are the items your corporation owns that could offer destiny economic benefit. Liabilities are what you owe different parties. In brief, belongings are placed to cash in your pocket, and liabilities take cash out.
In economic accounting, legal responsibility is described as the future sacrifices of economic advantages that the entity is obliged to make to other entities due to past transactions or different past activities.
Learn more about the liability here brainly.com/question/24130118
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Explanation:
COPRA helps consumer very much in marketing work. ... Under this act people are very happy beause this act tell the people the right rate of the items, and all things which helps in consumer to protect them from high market price,fake prices of items,etc.
