Answer:
The correct answer is:
a) Unrecorded deposits
: bank addition
b) Interest on cash balance
: book addition
c) Bank service charges
: book subtraction
d) Debit memos
: book subtraction
e) Outstanding Checks
: bank subraction
f) Credit memos
: book addition
g) NSF checks
: book subtraction
Do unrecorded deposits require an adjusting journal entry? No
Does interest on cash balance require an adjusting journal entry? Yes
Do bank service charges require an adjusting journal entry? Yes
Do debit memos require an adjusting journal entry? Yes
Do outstanding checks require an adjusting journal entry? No
Do credit memos require an adjusting journal entry? Yes
Do NSF checks require an adjusting journal entry? Yes
Annual depreciation is
Cost of equipment÷useful life
1.2m÷4 years=0.3m
The average contribution to net income across all four years is
0.5m−0.3m=0.2m
The answer is 0.2m
Answer:
b. Somaya just launched an online shoe company
d. A publishing company sells health-based curricula.
Explanation:
Pure goods are goods that are not associated with any services.
Pure services are services not associated with any physical goods.
I hope my answer helps you.
Answer:
(E) ensuring the customer understands the company's history.
Explanation:
Approach phase is the third stage of selling process, in this the sales person meets the customer for the first time.
First 2 steps are prospecting and preparation.
Under prospecting the customers are identified who needs the products of the company.
Under preparation the slides are prepared about the company's product, that how it will be presented to the customer.
Under approach stage the salesperson meets the customer, and introduces where he came from, why he came, ad what does the company do.
After that only he further moves to understand and confirm with the estimated needs of customer.
Thus, statement (E) confirms that the customer knows about the company, and why the salesperson is here to meet him.
