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Margaret [11]
3 years ago
10

Wright Company's cash account shows a $28,900 debit balance and its bank statement shows $27,200 on deposit at the close of busi

ness on May 31. The May 31 bank statement lists $170 in bank service charges; the company has not yet recorded the cost of these services.

Business
1 answer:
lesya [120]3 years ago
5 0

Answer:

   $28,390

Explanation:

Bank Reconciliation Statement is a compulsory to pronounce a bank statement/cash book records free from error.

Steps in Preparation of Bank Reconciliation Statement

1. Check for Uncleared Dues

2. Compare the debit and credit sessions

3. Check for missed data

4. Make sure the left-hand side is the same as the right hand Side

See attached for the Bank Reconciliation Statement  of the exercise.

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Which of the following comes after a period of recession in the business cycle? A. Stagflation B. A drought C. A boom D. Recover
morpeh [17]
<h3>Hello there!</h3>

Your question asks what comes after the period of recession in the business cycle.

<h3>Answer: D). Recovery</h3>

The reason why answer choice "D). Recovery" is correct because this comes after the period of recession in the business cycle.

Recession is like a "slow down" in the activity of a business. Which means that they aren't receiving any income, GDP, investments, and etc. This would cause a business to decrease while a lot of expenses that the business is getting are increasing. By expensive, I mean the cost to keep the business running and things of that sort.

Businesses go through a time of recession; therefore, they need to "recover" from that. And that's why recovery is the next stage. A business must recover from the "recession" period if they want to keep the business up and running. If the business doesn't recover, then the business will fail.

Once the business can recover from the recession period, then the business can succeed in their plans and execute them, while seeing the profits that they expected to make.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
7 0
3 years ago
Which of the following describes a self-managed team?A. Workers are trained to do all or most of the jobs in the unit.B. Workers
Oksanka [162]

Answer:

A. Workers are trained to do all or most of the jobs in the unit

Explanation:

A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering a service. Traditional organizational structures assign tasks to employees depending on their specialist skills or the functional department within which they work

7 0
3 years ago
Company C&amp;A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier
Katen [24]

Answer:

A. 300

Explanation:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand = 600 bottles × 50 weeks = 30,000 bottles

Carrying cost per bottle = $50 × 40% = $20

And, the ordering cost per order is $30

Now put these values to the above formula  

So, the value would equal to

= \sqrt{\frac{2\times \text{30,000}\times \text{\$30}}{\text{\$20}}}

= 300 bottles

Hence, option A is correct

3 0
3 years ago
As far as GOODS (compared to services) are concerned, there is ___ opportunity to correct problems due to ___ customer contact.
ioda

Answer:

More , High ( D )

Explanation:

As far as GOODS (compared to services) are concerned, there is More opportunity to correct problems due to High customer contact.

and this is because when dealing with Services instead of Goods the direct customers of services are people hence the level of accessibility to enable the prompt correction of problems that might arise is very high and its faster as well to do that

5 0
4 years ago
Which of the following statements is true? a. A college degree does not influence the earnings of workers. b. The median pay of
ICE Princess25 [194]

Answer:

b. The median pay of economics majors increased more in dollar terms than any other majors in 2015.

Explanation:

As it can be seen from the various sources that tha major in economics represents the largest per dollar rise for all major in the year 2015

Due to which it brings down the requirement for more economists also the word economics is not certain. Also, for the entry level jobs in the economics field, the minimum qualification should be masters

Therefore according to the given case, the option B is correct

7 0
3 years ago
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