1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Triss [41]
3 years ago
8

A bank reconciliation should be prepared a. to explain any difference between the company's balance per books with the balance p

er bank b. by the company's bank c. by the person who is authorized to sign checks d. whenever the bank refuses to lend the company money
Business
1 answer:
Rasek [7]3 years ago
6 0

Answer:

a.

Explanation:

A bank reconciliation refers to the balancing the company's accounting records (the books) in regards to the cash accounts of that company, with the information from the bank statements that they have. Based on this information, it can be said that A bank reconciliation should be prepared to explain any difference between the depositor's balance per books with the balance per bank. Otherwise these inconsistencies may be considered as fraud.

You might be interested in
Tara and her parents want to save at least $40,000 for college in 8 years. Which statement describes the most effective savings
Minchanka [31]

Tara and her parents should make deposits of $450 every month into a college savings account.


4 0
3 years ago
Read 2 more answers
Two successful firms are observed with quite different compensation plans for their salespeople. One firm pays its salespeople o
cricket20 [7]

Answer:

Salary and Commission compensation benefit has its pros and cons. However, The Company that adopts Salary Compensation benefit might be making a mistake.

Explanation:

If you pay salesmen a straight salary, some may have limited motivation to exceed basic expectations. However, commission based remuneration is pro performance in that drive salesmen to set more aggressive goals, work through obstacles and rejection to meet their target for a particular period.

Businesses that pay fixed salaries incur higher overhead costs because you have to pay whether you are making profits or not. But the case is different in Commission based compensation benefit where the risk is shared and commission is only paid when money is made.

5 0
3 years ago
Read 2 more answers
The day sheet is a(n):
PIT_PIT [208]

Answer:

[A] chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

Explanation:

3 0
2 years ago
Jasper is a self-employed businessman. on march 5, 2015 he purchases a personal computer for use at his home. he uses the comput
g100num [7]
Jasper could most certainly claim depreciation on the computer that is, 50% of it plus 50% of the purchase price and I know because I am self-employed too and I know that legitimate office expenses like a new printer, printer paper etc can be claimed according to the amount used for the business.
7 0
3 years ago
Describe the obama administration's strategy for holding the may 2009 health care reform meeting with the president and all inte
anzhelika [568]
<span>The Obama administration's line of thinking was likely to afford transparency with regard to healthcare. It is likely that the meeting among representatives from hospitals, the insurance industry, medical device and pharmaceutical companies, labor and physicians at the White House was to discuss major steps being taken to lower health care costs across the board.</span>
3 0
3 years ago
Other questions:
  • The firm projected its proforma of financial statements using AFN method and finds that next year its AFN is $2 million. Its tot
    7·1 answer
  • The balance in the Accumulated Depreciation account represents the:________.
    15·1 answer
  • Honda's new electric unicycle is very unique. It is steered by the rider leaning, computer stabilized through control of its sin
    6·1 answer
  • Information collected from online databases is an example of ________ data. A) observationalB) experimentalC) primaryD) secondar
    7·1 answer
  • 1. A business incurs the following costs:
    12·1 answer
  • Under the Uniform Securities Act, a structured security issued by an investment bank is a(n):_________
    8·1 answer
  • Robles Manufacturing has eight different accounting policies that they need to disclose in their financial statements as well as
    6·2 answers
  • Financial statements of Kansas Ltd (Fr) for 2X13 are authorized by management and auditors on February 15, 2X13 for issuance on
    14·1 answer
  • उत्तर प्रदेश कि राजधानी कहा है​
    7·1 answer
  • In order to find last season’s batting averages for his favorite baseball players, Jose should look in a Sport’s
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!