Answer:
Please see solution below
Explanation:
Bank reconciliation as at June 31st.
•Bank statement balance
$25,800
Add:
Bank service charges
$100
NSF check
$600
Wrong drawn
$400
Total
$1,100
Adjusted bank balance
$26,900
Bank reconciliation as at June 31st.
•Cash book balance
$27,500
Add: outstanding checks
$5,600
Balance
$34,100
Less: deposit in transit
($6,200)
Adjusted book balance
$26,900
The correct answer is B.
There are a number of ways to format a resume. A functional resume focuses on the tasks or skills that the applicant can perform.
Answer:
E. 1.667
Explanation:
Current ratio is computed as;
= Current assets / Current liabilities
Current asset = Cash $200 + Marketable securities $400 + Accounts receivable $600 + Inventory $800
= $2,000
Current liabilities = Accounts payable $500 + Notes payable $700
= $1,200
Current ratio = $2,000 / $1,200
= 1.667
Answer:
A business is any organization where people work together.
Explanation:
- Business is any organization which strives to earn profit through the focusing on a common goal. Business is located such that it is near to the resources needed for its success.
- The business strategy and type of business determine the goals of the business.
- Irrespective of the devised strategy the business must aim to produce a product, service to empower the society.
- The three characteristics to conduct a business include:business must be the product of individuals working in organized way, must help the society, must make some profit.
Because if someone else buys a house for you and it's dirty you wouldn't like it.
