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Maru [420]
4 years ago
10

A check written by the company for $282 is incorrectly recorded by a company as $228. On the bank reconciliation, the $54 error

should be added to the balance per books. deducted from the balance per books. added to the balance per bank. deducted from the balance per bank.
Business
1 answer:
atroni [7]4 years ago
4 0

Answer:

Deduct from the Balance per Books.

Explanation:

The company has written a check of $228 instead of $282. It means that the Cash Account is overstated by $54, so it must be deducted from the Cash Balance per books to reconcile the Cash Ledger.

There is no need to reconcile the Bank Account since the company has written a check for correct amount but recorded it incorrectly. Such Accounting error is known as Transposition Error.

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3 years ago
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Answer:

B)tie-in sales.

Explanation:

Theses are the options for the question;

A. misrepresentation.

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This statement made by a salesperson to a specialty retailer is potentially an example of tie- sales and may be in violation of the Clayton Act prohibition if the action substantially lessens competition.

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4 years ago
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FrozenT [24]

Answer:

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Explanation:

Corporate social responsibility implies that companies are expected to engage in industrial practices that would not result in harm to their environment. For example, the amount of carbon being released into the environment must be controlled as excessive release of carbon can be detrimental to health. It is also not right for waste to be discharged into the oceans because the health of the sea animals, the ocean itself and those who swim in it are at risk.

To promote sustainability, companies avoid practices that would eventually harm their environment. Abiding by these practices might take a longer route, but is eventually cost effective and beneficial.

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