Answer:
Explanation:
Chesner Co.
Bank Reconciliation August 31
Cash balance $8,290
Add:
Outstanding checks $3,980
Error on Check 1056. $ 450
Note collected. $13,520
Less:
Deposit in transit. $8,440
Bank service charges. $30
Bank Balance. $17,770
Answer:
1- Cash (Dr.) $ 47,000
Computer (Dr.) $ 40,000
Common Stock (Cr.) $ 87,000
2- Rent Expense (Dr.) $2,200
Cash (Cr.) $2,200
3- Office Supplies (Dr.) $2,000
Cash (Cr.) $2,000
10- Prepaid Insurance (Dr.) $2,200
Cash (Cr.) $2,200
14- Salaries Payable (Dr.) $14,000
Cash (Cr.) $14,000
24- Cash (Dr.) $14,000
Commission from Airline (Cr.) $14,000
28- Salaries Payable (Dr.) $1,300
Cash (Cr.) $1,300
29- Computer Repair Expense (Dr.) $300
Cash (Cr.) $300
30- Telephone Bill Expense (Dr.) $1,100
Cash (Cr.) $1,100
30- Dividend Payable (Dr.) $2,000
Cash (Cr.) $2,000
Explanation:
The company has incurred business transactions which are recorded in the system as journal entries. These entries are then posted to create ledgers which shows the summarize form of all the transactions. These ledger then create trial balance which displays complete account balances of all the transactions separately.
Complete/Correct Question:
The Information Security __________ is a managerial model provided by an industry working group, National Cyber Security Partnership, which provides guidance in the development and implementation of organizational InfoSec structures and recommends the responsibilities that various members should have in an organization.
a. Governance Framework
b. Security Blueprint
c. Risk Model
d. Compliance Architecture
Answer:
A, governance framework
Explanation:
A governance framework can be defined as the structure of a government as it reflects the interrelated relationships, factors as well as other things.
It can be simply defined as the structure of an organization's governance. Governance framework also shows rules that explain or underline how an organization is run, controlled, etc.
Governance framework are built by accountability, integrity, effeciency, etc.
Cheers.
Answer:
MHI and Deloitte Survey
Cost Reduction #1 Priority
True
Explanation:
For supply chain companies to achieve their profit targets, they need to curtail costs. Consumers are not ready to absorb much costs as they are presented with low-priced alternatives. The competition for customers among supply chain organizations is very high. Everyone competes for the dollar the consumer is willing to spend on goods. With property and advertising costs skyrocketing, careful management of the cost structure is required.
Answer:
The independent cases not given in the question are:
a. Case A: Market interest rate (annual): 4 percent.
b. Case B: Market interest rate (annual): 6 percent.
c. Case C: Market interest rate (annual): 8.5 percent.
At 4% issue price is $583,502.44
At 6% issue price is $501,500.00
At 8% issue price is $433,344.51
Explanation:
The price of the bond can be computed using the pv value formula in excel.
=pv(rate,nper,pmt,fv)
rate is the market interest given in the three cases divided by since the bond is a semi-annual interest paying bond. for example 4%/2=2%
nper is the time to maturity multiplied by 2 i.e 10*2=20
pmt is the coupon interest receivable by investor semi-annually which is 6%/2*$501,500=$15045
fv is the face value at $501,500
at 4%
=pv(2%,20,15045,501500)
=$583,502.44
at 6%
=pv(3%,20,15045,501500)
=$501,500.00
At 8%
=pv(4%,20,15045,501500)
=$433,344.51
