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Nikolay [14]
3 years ago
12

The following information pertains to Blossom Company.

Business
1 answer:
melamori03 [73]3 years ago
4 0

Answer:

Explanation:

(A) The preparation of the  bank reconciliation statement on July 31, 2017 is presented in the spreadsheet. Kindly find the attachment below:  

(B) The journal entries are shown below:

Cash A/c Dr $2,576

   To Accounts receivable $,2576

(Being cash is collected)

Bank service charges expense A/c Dr $51

      To Cash A/c                                  $51

(Being bank service charges paid)

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the covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of: select one:
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The covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of seizen.

A covenant is a two-party promise, agreement, or contract. The two parties agree that certain activities will or will not be carried out as part of the covenant.

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1 year ago
Is ged the same as graduating high school?
pashok25 [27]
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3 0
3 years ago
Why is compounding interest monthly better than yearly ?
dalvyx [7]

Answer:

More interest payments on yearly computing.

Explanation:

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6 0
3 years ago
A firm is producing 24 units of output. At the 24th unit of output, marginal revenue is $5, and marginal cost is $4; at the 25th
agasfer [191]

Answer:

False.

Explanation:

(1) Units produced = 24 units of output

At the 24th unit of output,

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At the 25th unit of output,

Marginal revenue = $4.50

Marginal cost = $4.50

MR = MC

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Marginal cost = $5

MR ≠ MC

A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.

It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.

This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.

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3 years ago
What is a good good excuse to give your Professor for not passing homework in in time because your sick and have no access to in
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Dear Professor, I just wanted to let you known I failed my homework because, after I moved I have no access to the internet. I am very sorry.

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