1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mash [69]
3 years ago
13

If the month-end bank statement shows a balance of $36,000, outstanding checks are $10,000 , a deposit of $4,000 was in transit

at month end, and a check for $600 was erroneously charged by the bank against the account, the correct balance in bank account at month end is :
a) $29,400
b) $30,000
c) $30,600
d) $41,400
Business
1 answer:
sukhopar [10]3 years ago
4 0

Answer:

The correct answer is C

Explanation:

The amount of correct balance which is shown in the bank account at the month end is:

= Month end balance - Outstanding balance + Deposit in transit at month end + Check which was erroneously charged by bank

= $36,000 - $10,000 + $4,000 + $600

= $26,000 + $4,600

= $30,600

Therefore, the month end balance amounts to $30,600 in the bank account.

You might be interested in
What would be one duty of a network administrator
Sophie [7]

Answer: monkey

Explanation:

7 0
3 years ago
Read 2 more answers
The minimum wage in 2008 was $6.55 cents until july 2008 when it was raised to $7.25. if the minimum wage in june was below the
eimsori [14]
<span>The answer in the blank is that employment of low-skilled workers increased in July. This is because the rate of the minimum wage increased by July compared to that of June. So there will be more employment process due to the increase of the salary, because more skilled workers wants to grab the opportunity of the increased salary.</span>
7 0
3 years ago
g The Federal Reserve can lower short-run output by Group of answer choices lowering the real interest rate. increasing the mone
Viktor [21]

Answer: Decreasing the money supply

Explanation:

When the Fed reduces money supply, it will remove the amount of excess money that people have to spend in the economy. This will lead to prices reducing because people no longer have a lot of money to spend on products therefore they will demand less goods. This will lead to the Aggregate demand curve shifting to the left. The new intersection with the Aggregate Supply curve will be at a point where prices will be lower and less quantity will be demanded which will signify a drop in the short-run output of the economy.

5 0
3 years ago
What is delinquency? How does this affect your credit score?
Naya [18.7K]
<span>Minor crime, especially that committed by young people.I think i have thought is it affect by even can young people can not do the committed crime.</span>
8 0
4 years ago
Defining the organizational mission forces managers to identify ________.
quester [9]
To identify what the organization is in business to do.
5 0
3 years ago
Other questions:
  • Which social networking platform is specifically for career networking?
    13·2 answers
  • Susan was given the responsibility for chairing a campus committee. to complete the delegation process, she should be given the
    11·1 answer
  • How are envelopes and letterhead different? information included
    15·1 answer
  • Why would a home buyer choose an adjustable-rate mortgage?
    12·2 answers
  • 4. Boeing just signed a contract to sell a Boeing 737 aircraft to Air France. Air France will be billed €20 million which is pay
    14·1 answer
  • What were the main factors in both the North and South for the abandonment of Reconstruction?
    11·1 answer
  • Lowering the cost of each item produced because of high-volume production brought on by demand stimulation is
    7·1 answer
  • When the price of paintings is set at $500, the local art gallery supplies 20 paintings per week. When the price of paintings in
    7·1 answer
  • You are an American, working for a US hospital. The hospital sells services to a French hospital. Given a depreciation of the Eu
    13·1 answer
  • how much of a stock's $30 price is reflected in pvgo if it expects to earn $4 per share, has an expected dividend of $2.50, and
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!