Answer:
C. $23,950
Explanation:
Given the above information, the adjusted cash book balance is computed as:
Adjusted cash balance per books = Cash opening + Collection by bank - Bank charge check printing - NSF check
= $20,200 + $4,880 - $130 - $1,000
= $23,950
Therefore, the adjusted cash balance per books on August 31 is $23,950
Answer:
The right approach will be "$ 1123.2".
Explanation:
The number of miles to be used will be:
= 
= 
Now,
The item deduction will be:
= 
= 
=
($)
Answer:
d. dismissing all managers who fail to achieve operational goals specified in the budget
Explanation:
The budget, no matter how well it's done, It's a forecast.
Price can change without the company being able to intervene, the same goes for consumer demand, foreign currency rates changes, and other variables in the budget.
Having that in mind, the accounting can measure the variance and check the efficiency and price influence in the result below expected.
Therefore, dismiss immediately after not achieving a goal is not the purpose of a budget
Answer:
represents the TOTAL revenue at time
.
Explanation:
is the revenue at the time
at the first restaurant.
is the revenue at the time
at the second restaurant.
If we want to know the TOTAL revenue at the time
, we would sum these quantities:
TOTAL revenue = 
So
represents the TOTAL revenue at time
.
This is a profit, which increases next year's budget.