All categories

2 years ago

A bank statement includes bank charges. On the bank reconciliation, the item is a/an

2 answers:

6 0

Bank charges are charged directly to the customer account thereby reducing the bank balance shown in the bank statement

Nitella [24]2 years ago

5 0

Answer:

Step-by-step explanation:

Bank reconciliation statement is the statement which helps to reconcile bank balances with cash book balances. Though it is necessary both should show same balances, but sometimes, there will be differences and these would be reconciled periodically.

Whenever bank statement includes bank charges, cash book will not consider these bank charges. Hence cash balances will be more than bank balances.

So bank charges should be subtracted from cash balances to get bank balances.

You might be interested in

Round to the nearest thousand then subtract

dsp73

100

6738 —> 7000
5903 —> 6000

7000 - 6000 = 1000

6 0

3 years ago

The sum of three consecutive even integers is -78, what are the integers ?

Digiron [165]

First, you need to analize and understand the problem, then you must choose and strategy. There is a wide variety of strategies to solve a mathematical problem, in this case, you can use the following, which is based on the information given above:
1. You have that the sum of three consecutive even integers is $-78$ , therefore, you can given the variable $x
$ to the first integer, the second even integer is $x+2$ and the third one is $x+4
$ .
2. Calculate x:
 $x+(x+2)+(x+4)=-78$ 
 $3x+6=-78$
 $x=-28
$ 
 $x+2=-28+2=-26
$ 
 $x+4=-28+4=-24
$ 
Therefore, the answer is: $-28,-26,-24
$

5 0

2 years ago

Devon invests in an account for 10 years that pays 2.15% compound interest annually. He uses the expression P(1+r)t to find the

zheka24 [161]

Answer:

FV= $4,948.16

Step-by-step explanation:

Giving the following information:

Number of periods (n)= 10

Interest rate (i)= 2.15% compound interest annually

Present value (PV)= 4,000

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 4,000*(1.0215^10)

FV= $4,948.16

7 0

2 years ago

Consider ΔDEF with centroid at point G and median EH. What is GH, if EG=3x+4 and GH=x+10?

sesenic [268]

Answer:

gh = x+9

Step-by-step explanation:

8 0

1 year ago

PLEASE HELP HYPERBOLAS What is the length of the transverse axis ? (x-1)^2/25-(y+3)^2/9=1

Sav [38]

Given equation of hyperbola is

$\frac{(x-1)^{2}}{25}-\frac{(y+3)^{2}}{9}=1$

Given hyperbola is the horizontal hyperbola

The standard form of the horizontal hyperbola is

$\frac{(x-h)^{2}}{a^{2}}-\frac{(y-k)^{2}}{b^{2}}=1$

When we compare these two equations, we get

h = 1, a = 5 , k = -3 and b = 3

Length of the transverse axis = 2a

Plug in the value of 'a' as 5

So,Length of the transverse axis = 2(5) = 10

7 0

2 years ago