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Bas_tet [7]
4 years ago
5

The amount of cash to be reported on the balance sheet at June 30 is the

Business
1 answer:
drek231 [11]4 years ago
7 0

Answer:

The answer is C.

Explanation:

It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.

So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.

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If the market for a certain product experiences an increase in supply, which of the following effects is expected to occur? a. E
garri49 [273]

Answer:

D. Both a and b

Explanation:

There exist an inverse relationship between the amount of goods supplied and the prices of those commodities assuming demand remains constant. When the market of a certain product experiences an increase in supply the Equilibrium price would fall since there's more supply than demand. Also the, equilibrium quantities of those goods supplied would also increase because again supply is greater than demand.

5 0
3 years ago
Which of the following describes a potential risk for facing online predators?
wel
A.Tammy's little sister starts visiting online chat rooms to make friends
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3 years ago
Ashley, a purchasing manager, tells Franklin, the human resource manager, that she has selected a candidate to be her purchasing
ale4655 [162]

Franklin replies that Ashley should add information about the job responsibilities, work schedule, and starting date.

<u>Explanation:</u>

The job offer letter is delivered by the authority to permit and ask an individual officially to join the firm or an organization under given time period by responding in respective manner. This offer letter for job joining carry various basic information like

  • Job profile: which carry the type of work candidate need to perform in firm.
  • Job responsibilities: carry point wise all the work or duties one need to perform on daily basis especially and also occasionally like closing or festive time.
  • Work schedule: carry the stage wise or time allotment to each duty respectively.
  • Joining date: the very important information is date, time and venue of joining.
4 0
3 years ago
A clothing company is planning an event in which it will provide clothes to homeless children in countries where the company has
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Public relations advertising

8 0
2 years ago
A bond has annual coupons, $1000 par value, 2 years to maturity, 8% coupons and a 6% yield. Calculate the Macaulay Duration. The
Softa [21]

Answer:

The answer is "1.93 years".

Explanation:

Macaula \ \ duration \ \ \ \ \ \ \ \ \ \ 1000 \times 8\%\\\\

years \ \ \ \   cash \ flows \ \ \ \  pv\ of \ 6\%\ \ \ \ present \ value \ \ \ \ current \ value \ \ \ \  pv/current \ value \ \ \ \frac{pv}{cp}\times t\$80.00\ \ \ \ \ \ \ 0.9434 \ \ \ \ \ \ \ \$75.472 \ \ \ \ \ \ \ \$1,036.67 \ \ \ \ \ \ \ 0.0728 \ \ \ \ \ \ \ 0.0728\\\\\$ 1,080.00 \ \ \ \ \ \ \ 0.8900 \ \ \ \ \ \ \ \$961.196 \ \ \ \ \ \ \ \$1,036.67 \ \ \ \ \ \ \ 0.9272 \ \ \ \ \ \ \ 1.8544\\\\

                                             \$ 1,036.668 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \   1.92772\\\\

that's why the Macaula duration is 1.93 years.

7 0
3 years ago
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