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Valentin [98]
3 years ago
7

Using the following information, prepare a bank reconciliation for Hintz Company for July 31, 2022. a. The bank statement balanc

e is $3,506. b. The cash account balance is $3,930. c. Outstanding checks totaled $1,285. d. Deposits in transit are $1,670. e. The bank service charge is $30. f. A check for $98 for supplies was recorded as $89 in the ledger.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
5 0

Answer:

Explanation:

The preparation of the bank reconciliation for Hintz Company for July 31, 2022 is shown below:

Bank statement balance $3,506

Add: Deposits in transit $1,670

Less: Outstanding checks ($1,285)

Adjusted bank balance $3,891

Cash account balance $3,930

Less - supplies error    ($9)                               ($98 - $89)

Less - bank service charge ($30)

Adjusted cash balance $3,891

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In a capitalist system, what are the goods and tools that are used to make products?
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The means of production
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3 years ago
Investment can be increased both by reducing taxes on private saving and by reducing the government budget deficit.
Romashka [77]

Answer:

1. Increasing

2. A. The elasticity of private saving with respect to the after-tax real interest rate

B. The response of private saving to changes in the government budget deficit

C. The elasticity of investment with respect to the interest rate

Explanation:

1. It is difficult to implement both of these policies at the same time because reducing taxes on private spending has the effect of <u><em>Increasing</em></u> the government budget deficit.

A Government budget deficit is acquired when the government spends more than it earns. The Government earns money from taxes and if it spends more than it receives in taxes, that will lead to a deficit. If taxes on Private spending are reduced, this will lead to less tax revenue for the government thereby increasing the Deficit.

2. All of the listed options are useful in determining which policy would be a more effective way to raise investment.

The elasticity of private saving with respect to the after-tax real interest rate refers to how much private saving changes in reaction to a change in the tax rates. This can enable one decide how much investment will be expected if the Government reduces or increases taxes.

The response of private saving to changes in the government budget deficit is also a useful factor to look at because private savings reduce when government deficits reduce.

Also how much does investment change by due to interest rates. This will be important to note in terms of Private Investment to see if it will be beneficial to use it over reducing the government budget deficit given a certain interest rate.

7 0
3 years ago
The best way to convince employers of your skills and abilities is to _____. A. Provide a written list, such as in your resume b
Vaselesa [24]

Answer:

A. provide a written list such as in your resume

4 0
3 years ago
Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactu
Andrew [12]

Answer:

Option (C) is correct.

Explanation:

For Machining department,

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= Estimated Overhead cost ÷ Amount of allocation base

= [$1,000,000 ÷ (130,000 + 70,000) machine hours]

= $1,000,000 ÷ 200,000 machine hours

= $5.00 per machine hour

For Finishing department,

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= Estimated Overhead cost ÷ Amount of allocation base

= [$100,000 ÷ (9,000 + 71,000) direct labor hours]

= $100,000 ÷ 80,000 direct labor hours

= $1.25 per labor hour

8 0
3 years ago
The Walt Disney Company dress code requires male cast members with mustaches or beards to trim their facial hair to no longer th
Charra [1.4K]

Answer:

tangibles

Explanation:

According to my research on different characteristic terminology, I can say that based on the information provided within the question The Walt Disney Company's dress code reflects the tangibles dimension of service quality. This is because tangibles are the physical things that can be felt and reflect the organization or company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
Read 2 more answers
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