Answer:
<u><em>Indefinite, Unless the item is compromised in some way.</em></u>
Explanation:
The Maximum time for which a food item can be stored before it becomes unfit for sale and consumption. In simple terms it is means the time after which the item should not be on a supermarket or pantry shelf. Shelf life is also applicable to medical devices, cosmetics, foods tires, chemicals, explosives and perishable items. On most of the packed products an advisory best before is printed on the package.
Answer:
Easton Co.'s adjusted book balance June 30 = $72,724
Explanation:
Bank balance June 30: $68,349 Book balance June 30: $72,709
Deposit in transit: $7,550 Interest earned: $55
<u>Outstanding checks: ($3,175) </u> <u>Check printing fees: ($40) </u>
Adjusted bank balance: $72,724 Adjusted book balance: $72,724
The answers in the spaces provided in the question above are
the following, 1; 100. The number means that Brianna has scored a total of 1 in
the standard deviation which is above the mean IQ score of one hundred.
Answer:
Cash Sales Transaction
Journal Entry
Dr. Cash 100,000
Cr. Sales 100,000
Cash received and sales has been recorded due to the nature of Cash and Income, Cash and Sales is entered as Debit and credit respectively.
* For Journal posting MS excel file is attached which has T account with above transaction posted in it.
Explanation:
The banking panic of 1907 and the resulting cash shortage led to the formation of the Comptroller of the Currency.
<u>Explanation:</u>
The Office of the Comptroller of the Currency (OCC), established by National Currency Act of 1863 serves to supervise, regulate and charter all national banks, thrift institutions and all the other federally licensed branches in US. The current Comptroller of the Currency is Joseph Otting.
The banking panic of 1907 has been a main motivation in creating the 3rd central banking system in 1907–1913. This was initiated by failed speculation that led to bankruptcy of 2 brokerage firms.
The public started to panic that the trust and banking industries were experiencing liquidity crunches and had the currencies only to meet short-term or immediate obligations. This caused bank runs and set off the financial panic of 1907 nationwide and it lasted for months.
