Answer:
Deduct the check from the bank Statement balance
Explanation:
In the given scenario when a bank writes a check on September 30 and the beneficiary does not cash the check, it will not be deducted from the company's balance.
So it will not appear on the end of month statement.
When reconciling the company's accounts the check will need to be considered as cash given out already.
The value of the cheque will need to be deducted from the statement balance to show the funds were given out.
Answer:
$124,000 is the correct answer if we use 6% which is the correct question scenario. If we take 7% then its
Explanation:
The cash dividend announced is $160,000. Remember the first payment goes to preferred shareholders and then the amount left would be distributed among the ordinary shareholders.
The dividend share of Preferred shareholders = 6000 shares * $100 par value * 6% fixed rate = $36,000
After deducting this amount from the dividend announce will go to ordinary shareholders and is calculated as under:
Share of Dividend of ordinary shareholders = $160,000 - $36,000
= $124,000
Similarly if we use 7% fixed rate, then
The dividend share of Preferred shareholders = 6000 shares * $100 par value * 7% fixed rate = $42,000
After deducting this amount from the dividend announce will go to ordinary shareholders and is calculated as under:
Share of Dividend of ordinary shareholders = $160,000 - $42,000
= $124,000
Answer:
c. Revenue is increased.
Explanation:
Cash Received in advance from customer for future services will be a liability it will increase the assets as increase in cash, increase the liability as unearned revenue and increase in cash flow from operating activities as cash received from as customer. So c. Revenue is increased. does not correctly reflect the transaction.
Which step of effective cooperative conflict management should the participants in the picture above focus on first?
A. Manage goals.
“Cooperative learning is an effective way for students to learn and process information quickly with the help of others. The goal of using this strategy is for students to work together to achieve a common goal. It is essential that each student understands their cooperative leaning group.” I truly hope this was helpful