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Aleonysh [2.5K]
4 years ago
12

Mia Wong's checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $6

0.50, a service charge of $12.55, and a note collected for $600. There was one deposit in transit for $400 and no checks outstanding. What is the reconciled checkbook balance?
Business
1 answer:
MaRussiya [10]4 years ago
4 0
Given:
Checking account balance:  3,100.55
Add: note collected                      600
deduct:
NSF                      60.50
service charge: 12.55           <u>    (73.05)</u>
reconciled checkbook bal.    3,627.50

The deposit in transit for 400 was already included in the 3,100.55 balance. That is why it is not included in the reconciliation.
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Which of the following statements about credit scores is TRUE?
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I believe the answer is: All of the above

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3 years ago
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Describe the role of securities markets and of investment bankers: what role do investment bankers playing securities markets
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Answer

Explanation:

investment bankers specialize in the provision of new securities and they

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However, investment bankers are known with their role of provision of money at capital market to their customers such as companies or government set up through issuing of money or equity for security market.

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3 years ago
Joe is a landlord of a small apartment building in the downtown district. He usually charges $3,000 per month for his apartments
Nimfa-mama [501]

When the new law is passed, the effect on the supply and demand of apartments is that Supply down, demand up.

<h3>What happens when a price ceiling is below the equilibrium?</h3>

When the equilibrium price which is $3,000 in this case, is higher than the price ceiling of $2,600 in this case, more people will demand apartments because they will be more likely to afford it.

Supply on the other hand, will decrease because less people will want to make their places available at below equilibrium price.

Find out more on price ceilings at brainly.com/question/1448982.

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8 0
2 years ago
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Pisa, Inc. leased equipment from Williamsburg Company under a four-year lease requiring equal annual payments of $68,830, with t
adoni [48]

Answer:

$54,639

Explanation:

the approximate amount of principal reduction when the second lease payment is made in Year 2 can be calculated by making the Lease amortization table as follows

DATA

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Implicit rate = 8%

Annuty factor for 4 years at 8% = 3.55710

Present value of lease payment =$246,212 (68830*3.57710 )

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Opening balance                             -                      $177,382(w)

interest                                              -                      $14,191(w)

payments                                      $68,830             $68,830

principal payments                     $68,830              $54,639

closing balance                          $177,382(w)         $122,743

Working

Closing balance = Present value of lease payment - Annual payment

Closing balance = $256,212 - $68,830

Closing balance = $177,382

Interest = closing balance x implicit rate

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7 0
3 years ago
Jill is much stronger than Jack and stares at him in a menacing way. One day she tells Jack that she is going to beat him if she
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Answer:

C) for assault and battery, because there was both a threat and a harmful action.

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Since both took place in this case, Jill can be charged of both crimes and Jack can also sue her for both torts.

8 0
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