Answer:
D. $8,250
Explanation:
Calculation for how How much is the correct cash balance at the end of the month
Using this formula
Correct cash balance= Bank balance - Outstanding checks + Deposits in transit (}+ Bank error
Let plug in the formula
Correct cash balance =$8,000 - $500 +$1,000 + $250
Correct cash balance=$8,250
Therefore the correct cash balance at the end of the month will be $8,250
Answer:
1. purchasing
2. Financial.
3. An increase.
4. Economic growth.
Explanation:
Economics can be classified into two (2) categories, namely;
1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets. It focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
Most people recognize that, as a group, consumers are the pivotal participants in the economy, The purchasing decisions made by consumers determine which goods and services will be produced by businesses, just as their investment and saving decisions will strongly influence conditions in the financial markets.
Another indication of the importance of consumers is the effect their collective spending has on the economic activity level observed in the economy. An increase in the level of consumer spending is usually credited with causing economic growth and all benefits or costs that go with it.
Answer : all of the above
I think this is the answer.
The only difference is the NCUA insures credit union deposits whereas the FDIC insures bank deposits. Other than that, the two work similarly. If a credit union should happen to fail, the NCUA will pay insured deposits to the member owning the account. The same goes for a bank.
Answer:
1. How much cash did Anders receive from the sale of equipment?
$ 47,400
How much depreciation expense was recorded on equipment during 2019
$ 57,000
What was the cost of new equipment purchased by Anders during 2019?
$ 185,000
Explanation:
Book Value -$ 53,000
Sale Value $ 47,400
Sold Loss -$ 5,600
Accum. Depreciation Eq. 2018 $ 236,000
Accum. Depreciation Eq. 2019 -$ 126,000
Book Value -$ 53,000
REAL Depreciation During 2019 $ 57,000
Property and Equipment 2018 -$ 335,000
Property and Equipment 2019 $ 245,000
Original Cost $ 275,000
REAL Depreciation During 2019 $ 185,000