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Flauer [41]
3 years ago
10

Beacon​ Roofing's bank statement shows a bank balance of​ $43,267. The statement shows a bank service charge of​ $80 and a note

collection of​ $790 on Beacon​ Roofing's behalf. Beacon​ Roofing's book balance should be adjusted by a total​ of:
Business
1 answer:
EleoNora [17]3 years ago
6 0

Answer:

The Beacon​ Roofing's book balance should be adjusted by a total​ of $43,977

Explanation:

For computing the right amount of book balance, the following adjustments are required which is shown below:

1. Bank Balance = $43,267

2. Less - Bank service charge = - $80

3. Add: Notes collection = $790

So, the adjusted book balance equals to

= Bank balance - Bank service charge + notes collection

= $43,267 - $80 + $790

= $43,977

The notes collection is an income so it is added whereas the bank service charge is an expense so it would be deducted.

Hence, the Beacon​ Roofing's book balance should be adjusted by a total​ of $43,977

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Answer:

Assets : Cash, Accounts receivable, Equipment

Liabilities : Salaries and wages payable,  Accounts payable,  Notes payable

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Explanation:

Assets are valuable things owned by a business, to which firm's present or future monetary economic benefit can be entitled.

Cash , Account receivables (from debtors who owe money to us) , Equipments are all beneficial ownerships and hence are Assets.

Liabilities are financial burden of the business, the amount business owes to others.

Salaries and wages payable, Accounts payable (from creditors to whom we owe money), Notes payable are all financial obligations to be fulfilled by business - so are liabilities of business.

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How much can Azco Autosystems, Inc., afford to spend on an energy management system if the software will save the company $21,30
ivann1987 [24]

The amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

<h3>Present value</h3>

Using this formula

Present Value = A(P/A, 10%, 5)

Where:

A=$21,300

(P/A, 10%, 5)=3.79079

Let plug in the formula

Present Value = 21,300 (P/A, 10%,5)

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Inconclusion the amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

Learn more about present value here:brainly.com/question/15904086

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