Apperently someone deleted my question i was trying to see if you had understood what i was trying to help you on
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Answer:
A. No, Should not in any way write the check today and neither record the expense or even write the check tomorrow.
B. The company will be affected if the check
was cut today and the expense was not recorded, which means that the net income of the current fiscal year will be increased by the amount of $2,000 while the net income of the next year will be reduced by the amount of $2,000 and this tend to happens due to some error.
Step-by-step explanation:
A. Based on accounting principle every debit entry must have a corresponding credit entry which means that in a situation where a check is been cut today for miscellaneous expense and for supplies the Miscellaneous expense account should be debited while the bank account should as well be credited based on the double entry principle because if not so the current year net income will wrongly shows and be higher with the amount of $2,000.
B. In a situation where the check was cut today and expense was recorded the following day or tomorrow it means that the current year financial statement net income will be increased by the amount of $2,000 while the amount shown in the balance sheet will decreased by the amount of $2,000.
Therefore I can issue a check today and as well record the expense the same day in which the check was issued.
If we are only using the values in the table, then the answer is D.
This is because the highest value of y is 40 and the lowest is 37.75. So we must know that y is between these two.
However, if we are using this table as a long term model, then C is the correct answer. We know there is 40 to start and it will continue going down until it hits 0.
Mean is the average number in the data set.
To get the average we first add all the numbers.
After we add all these numbers we then divide by the number of numbers in the data set.
So we do 22+18+38+6+24+18 which is equal to 126 there are six numbers so we divide 126 by 6. This gives us a mean of 21.
ANOTHER EXAMPLE:
Another example of this is the data set (4,65,7,34,5)
We first add all the numbers and get 115 then we divide by 5 and get 23 as the mean.
