A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the it
em should be added to or deducted from the book or bank balance, or whether it should not appear on the reconciliation. (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.)Bank Balance Book Balance Shown/Not Shown on Reconciliation1. NSF check from customer returned on Sept. 25 but not recorded by this company. 2. Interest earned on the September cash balance in the bank. 3. Deposit made on September 5 and processed by bank on September 6. 4. Check written by another depositor but charged against this company's account. 5. Bank service charge. 6. Checks outstanding on August 31 that cleared the bank in September. 7. Check written against the company account and cleared by the bank; erroneously not recorded by the company recordkeeper. 8. Principal and interest on a note receivable to this company is collected by the bank but not yet recorded by the company. 9. Checks written and mailed to payees on October 2. 10. Checks written by the company and mailed to payees on September 30. 11. Deposit made on September 30 after the bank closed. 12. Special bank charge for collection of note in part 8 on this company?s behalf.
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
c. consistent with the cost-benefit model because most people intuitively weigh costs and benefits
Explanation:
People weight the cost and benefit before making desitions Some times without noticing they are doing it.
Also is important to notice intuition takes a role when there are shades in the information, the effect on the personnel and when not all information is available.
The answer that best fits the blank provided above is A SUBORDINATED DEBENTURE. Subordinated debenture is also known as subordinated debt. This kind of debt that ranks just below other loans whenever the company files bankruptcy. This is what is received instead of the liquidation proceeds.
The answer is <span>Price ceiling, shortage Price celing will set up a certain number where the maximum price of a certain product could be sold. By setting price ceiling, the price will appear more acceptable among buyers which caused a massive demand and will eventually lead to shortage. </span>
