Answer:
(a) Bank Reconciliation statement:
Bank's cash balance:
= Per bank statement + Deposits outstanding - Checks outstanding
= $22,346 + $1,725 - $1,300
= $22,771
Therefore, bank balance per reconciliation is $22,771.
Company's cash balance:
= Per general ledger - service fees
= $22,810 - $39
= $22,771
Therefore, company balance per reconciliation is $22,771.
(b) Journal entry to adjust balance for cash is as follows:
Bank service charge expense A/c Dr. $39
To Cash A/c $39
(To record bank service charge)
A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.
<h3>What is international trade?</h3>
International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.
The three types of international trade are:
- Export Trade
- Import Trade
- Entrepot Trade.
Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.
Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412
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Answer:
Explanation:
The registrar can lawfully refuse o register a partnership under the listed conditions
1 . If its name is similar to any other existing partnership or business as the name of a business must be clearly unique
2.If its sole aim is perceived to be harmful or unpleasant, not in the public interest
3. It it has a name that the registrar has been directed by a higher authority not to approve
4. If the name is closely related to a partnership or a company that has been de-registered before
5. It the registrar believes on a reasonable ground the the partnership will be used to perpetrate criminal activities.
