Adam will most likely have to pay for ATM usage fees.
ATM usage fees refers to the payment one makes when using an ATM machine especially if the bank card inserted is affiliated with another bank.
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Answer:
$9,000
Explanation:
Uncollectible accounts Written off $22,000
Uncollectible accounts recovered $(8,000)
Allowance for bad debts-decrease $(5,000)
$40,000-*$35000
Bad Debt Expense $9,000
*(270,000-235,000)
Answer:
Increased exposure to build endurance.
Explanation:
Occupational safety and health adminstration (OSHA) has given certain safety guidelines to be followed by management to protect worker from work hazard, which may occur in an unforseen condition.
Management commitment compliment the employee involvment as management commitment show, how serious is the management toward worker safety and protection, which create motivation at work place and also help in managing resources for health and safety. Then employee involvement help the orgaization to implement the safety measures.
Management can not take risk of work place hazard to increase exposure for employee, which may cause fatal incident.
Answer: please refer to the explanation section for journals and notes
Explanation:
1 April
DR Inventory 23000
CR Trade Payable 23000
inventory is purchased on Free on Board Shipping terms, risks and Ownership of inventory transfers to Kerber Co the moment Wilkes company ships the inventory. inventory must be recognised
6 April
DR Freight costs 900
CR Bank 900
DR Inventory 900
CR Freight costs 900
Kerber Co Paid Freight costs of $900. There are two events happening in this transaction being the payment of freight costs and the capitalisation of freight costs. Freight costs are capitalised (included in the value of inventory) as they are costs necessary to get the inventory in to the premises of the customer (Kerber Co).
7 April
DR Equipment 26000
CR Creditor/Liability 26000
Kerber Co purchase inventory on credit. equipment is debited because Equipment is an asset and liability is credited.
8 April
DR Trade Payable 3000
CR inventory 3000
Damaged inventory returned will decrease inventory balance and also decrease the amount owed to the creditor (Wilkes Company)
. Trade Payable account is Debited and inventory account is credited to record the decrease in inventory and amount payable
15 April
DR Trade Payable 20000
CR Bank 20000
23000 - 3000 = 20 000
recording payment made to the Creditor for inventory purchased or settlement of the trade payable account
D) They pay for specific social programs rather than general government activities.