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Triss [41]
2 years ago
11

On june 1, 2014, england inc. reported a cash balance of $21,000. during june, england made deposits of $8,000 and made disburse

ments totaling $24,000. what is the cash balance at the end of june?
Business
1 answer:
mariarad [96]2 years ago
4 0
The deposit made by the June will be added to the original cash balance. That is, $21,000 + $8,000 which is equal to $29,000. Then, the disbursement will be subtracted from the value calculated above. 
                             final cash balance = $29,000 - $24,000
                                                           = $5,000
Therefore, the final cash balance of England Inc. is $5,000. 
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2 years ago
The following expenditures relating to plant assets were made by Prather Company during the first 2 months of 2020.
Nina [5.8K]

Answer:

1) Tax Payable

2) Property Plant and Equipment Asset

3) Motor Vehicle Asset

4) Property Plant and Equipment Asset

5) Advertising and Promotion Expense

6) Property Plant and Equipment Asset

7) Insurance Prepaid Asset

8) Motor Vehicle Asset

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Explanation:

1) Already Accrued

2) The insurance is required to bring in the machinery

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8 0
3 years ago
A recent survey was conducted to compare the cost of solar energy to the cost of gas or electric energy. Results of the survey r
RoseWind [281]

Answer:

option d) approximately 84%

Explanation:

Data provided in the question:

Mean, m = $92

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we have to calculate percentage of homes will have a monthly utility bill of more than $79 i.e P(X > 79)

also,

P( X > 79) = 1 - P( X < 79)

Z-score for (X = 79 ) = \frac{X-m}{s}

Z = \frac{79-92}{13}

or

Z = -1

From the standard Z value vs P table, we have

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or

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or

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= 84.13%

Hence,

option d) approximately 84%

7 0
3 years ago
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