Answer:
Creative Design Co.
Bank Reconciliation
August 31, 20Y6
Cash balance according to Bank Statement $30,270
Add: Deposit in transit, not recorded by bank <u> $4,690</u>
$34,960
Less: Outstanding checks <u> ($5,850)</u>
Adjusted Balance $29,110
Cash balance according to Company's records $28,800
Add: Error in recording check (840 - 480) <u> $360 </u>
$29,160
Less: Bank service costs <u> ($50) </u>
Adjusted balance $29,110
Answer:
a. -$82,250
Explanation:
Calculation for what is the projects initial cash
flow for net working capital
Initial cash flow=-$216,000 + $181,000 - ($525,000 *0.09)
Initial cash flow=-$216,000 + $181,000 - $47,250
Initial cash flow = - $82,250
Therefore the projects initial cash
flow for net working capital will be - $82,250
Answer:
<u>True.</u>
Explanation:
These assumptions are true, as a claim can be described as a request for correction or compensation of errors.
Therefore, when writing a claim, it is necessary to focus on adopting a respectful communication with the recipient, who in the workplace will probably be someone that you establish a type of professional relationship, so it is ideal to maintain an ethical and direct posture, exposing all facts of your claim in a logical and non-emotional way, providing the necessary justifications for the claim, which should focus on action and resolution.
Balance sheet is a statement of all your assets, liabilities, and your capital.
List down all your assets, liabilities, and capital or equity.
Total Assets = Total Liabilities + Owner's Equity
Total Assets include: land, buildings, inventory, cash, account receivables, etc.
Total Liabilities include: accounts payable, notes payable, allowance for depreciation, etc.
Owner's equity: capital/stocks, withdrawal, additional capital, etc.
Amor, a successful brand of women's clothing, recently introduced a line of fitness equipment. This is an example of diversification. Diversification describes the processes of having diverse product offerings. When you diversify, you are differentiating your products to meet more needs for consumers. Since the brand of clothing recently introducted a line of fitness equipment, they are diverisfying themselves by branching out into other markets.
