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Fantom [35]
3 years ago
7

In preparing its June 30, 2013 bank reconciliation, a company has available the following information: Balance per bank statemen

t, June 30 $27,650 Deposit in transit, June 30 3,900 Return of customer's check not sufficient funds 600 Outstanding checks as of June 20 2,750 Bank service charges for June 175 As of June 30, the company's adjusted cash balance is:
Business
1 answer:
vladimir1956 [14]3 years ago
4 0

Answer:

$28,800

Explanation:

The computation is shown below:

Adjusted cash balance = Balance per bank statement, June 30 + Deposit in transit, June 30  - Outstanding checks as of June 20

= $27,650 + $3,900 - $2,750

= $28,800

Simply we added the deposits and deducted the outstanding checks to the balance as per bank statement

All other information which is given is not relevant. Hence, ignored it

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Other things the same, when the government spends more, the initial effect is that a. aggregate demand shifts right. b. aggregat
tatyana61 [14]

Answer: Option (a) is correct.

Explanation:

Correct option: Aggregate demand shifts right.

Aggregate demand = consumption + government spending + Investment + Net Exports

Other things remains constant, if there is an increase in the government spending, as a result aggregate demand curve shifts rightwards. This will lead to increase the price level and level of output.

4 0
3 years ago
How should a christiandetermine whether to obey a specific command from his government?
miskamm [114]

If the government tries to force a Christian to violate a biblical command we must still obey the highest authority- which is God.

<h3>What is government?</h3>

A government is the system or collection of individuals in charge of an organized community, most commonly a state. In the broadest sense, government is made up of the legislative, the executive, and the judiciary.

The basic tasks of a government are to provide leadership, maintain order, provide public services, provide national security, provide economic security, and provide economic assistance.

The system of governing a state or society is known as government. A select portion of society is granted the system of social control, the right to enact laws under it, and the right to enforce them.

To know more about government follow the link:

brainly.com/question/18464634

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5 0
1 year ago
Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are​ sel
denis23 [38]

Answer:

A buyer would be willing to pay at most $24,000.

Explanation:

There is a 40% chance of getting low quality cars.

Value of high quality car is $30,000.

Value of low quality car is $15,000.

Price of car that buyer will be willing to pay

=40% of lower quality+60% of higher quality

=40% of $15,000+60% of $30,000

=0.4*15,000+0.6*30,000

=$6,000+$18,000

=$24,000

So, the buyers will be willing to pay a maximum value of $24,000.

8 0
2 years ago
PEZ Candy Inc. produces the popular small candy that is dispensed in collectible flip-top dispensers. In the United States, PEZ
aleksandrvk [35]

Answer:

PEZ Candy Inc.

1. PEZ Candy Inc. would be more likely to use process costing for the manufacture of its PEZ candies.

The reason is that the manufacturing of candies involves continuous processing of materials that results into candies.  The processes are not customizable for separate orders.

2. PEZ Candy Inc. would incur these types of costs in the manufacture of its PEZ candies:

a. Direct material = sugar

b. Direct labor = wages of factory workers

c. Manufacturing overhead = utilities expenses

i. indirect materials = cleaning supplies

ii. indirect labor = factory supervisor's salary

iii. other manufacturing overhead = depreciation expense of factory equipment

3. PEZ Candy Inc. would be more likely to use job costing to calculate the cost of one particular birthday party hosted at the PEZ Visitor Center.  The reason is that it is a specific event.  It does not involve a continuous process.

Explanation:

a) Data and Calculations:

Materials for PEZ candy include:

Direct materials:

Sugar (95%)

Fruit flavoring

Coloring

Corn syrup

Product = PEZ candies

Services: customized birthday parties

6 0
3 years ago
Jacob chose to spend the afternoon swimming rather than going to the movies. any value given up from not going to the movies is
quester [9]

Any value given up from not going to the movies is the <u>"opportunity cost".</u>


Opportunity costs represent the advantages an individual, speculator or business passes up while picking one option over another. While money related reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on taught choices when they have various alternatives previously them. Since they are concealed by definition, opportunity expenses can be neglected in the event that one isn't cautious. By understanding the potential botched chances one renounces by picking one venture over another, better choices can be made.  


4 0
3 years ago
Read 2 more answers
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