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Alina [70]
3 years ago
15

Based on the following information, what amount would be subtracted from the bank balance side of a checking account reconciliat

ion? Service charge $43, Outstanding checks $300, Interest $13, Deposit in transit $880
Business
1 answer:
Natasha_Volkova [10]3 years ago
4 0

Answer:

Outstanding checks $300

Explanation:

The amount that should be amount deducted from the bank balance side of a checking account reconciliation should be the OUTSTANDING CHECKS of the amount of $300 reason been that a company or an organisation can have outstanding checks in a situation where the company has issued a check in which such check has already be recorded in the company ledger account but the check has not yet clear the bank account which may inturn makes the balance in the bank account to be greater than the amounts that the company has as cash.

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A nation has an absolute advantage in the production of a good, if Group of answer choices it can produce that good at a lower o
Leona [35]

Answer: it can produce that good using fewer resources than its trading partner

Explanation:

A country has an absolute advantage in the production of a good when such country can produce the good using fewer resources than another country.

Absolute advantage can be due to the natural endowment of a country. For example, let's say Japan uses 2 hours in producing a good while Brazil uses 5 hours in producing such good. Then, it can be deduced that Japan has an absolute advantage over Brazil.

6 0
2 years ago
A company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amo
iren2701 [21]

Answer:

a. $29,496

b. $21,996

Explanation:

a. The Computation of budgeted marketing expense for the fourth quarter is shown below:-

Sales units                                                            2,640

(2400 × 110%)

Variable marketing expenses per unit sold $0.15

Total Variable marketing expenses                 $396

Fixed Marketing expenses                                    $18,000

Salaries ($6,000 × 3)

Depreciation ($2,500 × 3)                                      $7,500

Insurance ($1,200 × 3)                                            $3,600

Total Fixed marketing expenses                            $29,100

Budgeted marketing expense

for the fourth quarter                                           $29,496

b. Estimated cash payment for marketing expenses for the fourth quarter = Budgeted marketing expense for the fourth quarter - Depreciation

= $29,496 - $$7500

= $21,996

7 0
3 years ago
The FBLA is only for students still in school.<br> True<br> False
aniked [119]
Trueeeeeeeeeeeeeeeeee
8 0
3 years ago
Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup
nignag [31]

Answer:

NPV = $35,868.06

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.  

NPV for Project Nuts

NPV can be calculated using a financial calculator  

Cash flow in year 0 = $-600,000

Cash flow each year from year 1 to 6 = 146,000

I = 10%

NPV = $35,868.06

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
Julio is the owner of Party Time, Inc., a small party supply company. The company provides tents, tables, chairs, and related pa
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