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Reika [66]
3 years ago
10

At March 31, Cummins Co. had a balance in its cash account of $11,400. At the end of March the company determined that it had ou

tstanding checks of $1,325, deposits in transit of $790, a bank service charge of $55, and an NSF check from a customer for $240. The true cash balance at March 31 is:_________
Business
1 answer:
soldier1979 [14.2K]3 years ago
3 0

Answer:

Adjusted Balance  11,105

Explanation:

CASH

Begining Balance 11,400

Service Charge     -55

NSF              <u>     -240    </u>

Adjusted Balance  11,105

To get the ending balance, we adjust for the unknow transactiosn for hte company.

The company knows how many check it write and how much it deposit. So we don't adjust for that

The company's accounting doesn't know the check of acustomer bounce and the amount fo the bank services charge thus, we adjust for that

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a)Brett has a cause of action against Warson's Diner for retaliatory discharge under Title VII of the Civil Rights Act of 1964.

Explanation:

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What holds true in this scenario described above is that Brett has a cause of action against Warson's Diner for retaliatory discharge under Title VII of the Civil Rights Act of 1964.

Title VII of the Civil Rights Act of 1964. Is a law, of Act of 1964 that oversee any form of discrimination against employee of an organization and shield them from been discriminated because of race they belong to, their sex , their National origin an so on . The law doesn't only forbid discrimination that is intentional, but all actions that speak discrimination wether intentional or not.

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The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

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<h3>What is independent demand and dependent demand?</h3>

Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.

The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.

Note that the Dependent demand is one that is obtained from the demand for a finished product.

Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

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