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Karo-lina-s [1.5K]
4 years ago
5

2. At the beginning of the week, Cash in Bank has an account balance of $3,500.00. During the week, the following transactions o

ccur: Office supplies in the amount of $236.12 are purchased; the owner takes a withdrawal of $450.00; a customer's payment of $780.00 is received; and the company's monthly electric bill in the amount of $178.43 is paid. What is the balance of the Cash in Bank account at the end of the week?
Business
1 answer:
FrozenT [24]4 years ago
8 0
It's the same because more money when It came out
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Which of the following statements about business reports is true?
liberstina [14]

Answer:

a. It is important to strike a balance between objectivity and positivity in a report.

Explanation:

A standard business report should be well-researched, objective, and presented in a formal format.  The facts should be clear. Data presented must verifiable.

Objectivity is crucial in a business report. The business report should be framed from the company's perspective.  The report must remain impersonal. For example, if the sales for the year dropped, don't say the sales were horrible. Let the numbers speak for themselves. Objectivity requires information to be presented as is; without any manipulations.

The choice of words and phrases is critical in business reporting. Caution should be taken, especially if the performance is below expectations.  A poorly worded statement may send investors into a panic mode, which can affect share prices adversely. Positivity in words and body language help increase investor confidence.

8 0
4 years ago
Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?
Tanya [424]
<span>Entrepreneurs are considered to be both spark plugs and catalysts of the free enterprise economy because of a number of reasons. Everybody benefits and profits when an entrepreneur becomes successful. When an entrepreneur opens his or her search for profits, the effects would be a chain of events where new products, greater competition, more production, higher quality, and lower prices for consumers can be observed. An entrepreneur is said to be a spark plug in the free-market for there is that vision of providing a product or a service that people are willing to pay for, combined with the ability to produce that product or service at a cost below the market sales price which propels him/her to take action. Capitalism will not work if it were not for the entrepreneurs who take the risks and start the businesses that produce the goods and services we all enjoy.</span>
3 0
4 years ago
Cash may not include:
wel

Cash may not include <u>accounts receivable</u>. The Option C is correct.

<h2>What is Cash?</h2>

Cash means a money in the physical form of currency such as banknotes and coins. In accounting, cash is a current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

The amount of the adjustment for uncollectible accounts would be $14,060. The Option D is correct.

<h2>What is an uncollectible accounts?</h2>

An accounts uncollectible refers to those receivables, loans or other debts that have virtually no chance of being paid. An account may be called an uncollectible for many reasons such as debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor or lack of proper documentation to prove that debt exists.

The adjustment for uncollectible accounts is computed as follows:

= (Accounts receivable * Rate of uncollectible accounts) - Allowance for uncollectible accounts

= ($246,000 x 6%) − $700

= $14,760 - $700

= $14,060

Read more about uncollectible accounts

brainly.com/question/20597051

#SPJ1

4 0
1 year ago
Motorola's worldwide advertising campaign for cell phones is an attempt to provide a common theme and presentation in all market
larisa86 [58]

Answer: True

Explanation: <u><em>The scenario given in the question is an example of  global advertising campaign.</em></u>

Global advertising can be referred to as advertising on global scale unification or captivating marketable benefit of worldwide operational variances, similarities and chances in order to accomplish global aims. It is also known as a method where similar universal message is functional at a global scale<u><em>.</em></u>

4 0
3 years ago
On September 1, the Consul Company acquired $10,000 face value, 8% bonds of Envoy Corporation at 104. The bonds were dated May 1
Aleksandr-060686 [28]

Answer:

correct option is A. Investment in bonds $10,400

Interest receivable 266

Cash $10,666

Explanation:

given data

face value = $10,000  

bonds = 8%

mature time =  5 years

solution

we know at At 104

price paid for the bonds =  $10,400 in absence of accrued interest

this is because of bond that is purchase between interest date and cash interest  for time May 1 to September 1 4 months

and here interest will be for 4 month is

interest = face value × bonds rate × timer

interest = $10000  × 8%  × \frac{4}{12}

interest = $266.67

so total amount paid will be

total amount paid = $10400 + $266.67

total amount paid = $10666.67

as on October 31 interest received  here interest receivable will credit of $266

so correct option is A. Investment in bonds $10,400

Interest receivable 266

Cash $10,666

4 0
3 years ago
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