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4 years ago

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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Digital marketing is distinguished from traditional marketing by its emphasis on _______________.

Oksanka [162]

The answer is "creating experiences with a brand".

Digital marketing refers to the advertising of items or services by utilizing computerized channels to achieve buyers. The key goal is to advance brands through different types of computerized or digital media. It reaches out beyond internet marketing to incorporate channels that don't require the utilization of the web or internet.

4 0

3 years ago

Read 2 more answers

Mitch, a single tax-payer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of Birmingham Bon

goldfiish [28.3K]

Answer:

E) None of the choices are correct.

18.289,26‬

As we given an option with two decimals which are different from the calculated amount we should take it as incorrect.

Explanation:

The municipal bonds are tax free. Therfore, not included.

We will calcuatae based on 2019 income tax brackets for single-taxers

between $82,501 to $157,500 the amount is $14,089.50 + 24% of the amount over 78,950

100,000 - 82,501 = 17,499

17,499 x 24% = 4,199.76

14,089.50 + 4,199.76 = 18.289,26‬

3 0

3 years ago

Stahl inc. produces three separate products from a common process costing $100,000. each of the products can be sold at the spli

BartSMP [9]

Answer:

a. Computation of total Net Income if all products are sold at split-off point

Sales : Product 10 $60,000

product 12 15,000

product 14 55,000

130,000

Common processsing cost (100,000)

Net income  30,000

b. Computation of Net Income if all produts are sold after proccessing further

sales : Product 10 $190,000

product 12 35,000

product 14 215,000

440,000

Cost :

Common cost 100,000

futher processing:

Product 10 100,000

product 12 30,000

product 14 150,000 (380,000)

Net Income  60,000 

c. Using Incremental Analysis

prodcut 10 product 12 product 14

Increase in sales revenue $130,000 $20,000 $160,000

further processing cost (100,000) (30,000) (150,000)

Incremental revenue  30,000   (10,000)  10,000 

product 12 should not be processed further because it will bring loss to the company.

d. Computation of Net Income based on the "c" above result

Sales : Product 10 $190,000

product 12 15,000

product 14 215,000

420,000

cost:

common cost 100,000

further processing cost :

product 10 100,000

product 14 150,000 350,000

Net Income  70,000

Explanation:

5 0

3 years ago

Which of the following reports filter data before it is presented to the manager as information, and only includes information a

Scrat [10]

Answer: Option A

Explanation: In wimples words, a summary report refers to the statement that is prepared by the organisation with the sole objective of helping the executive level managers in their decision making.

Such reports go through various phases and is converted from a detailed explanation to the points that are most relevant to the organisation. It provides a short form detail of the factors that needs most attention of top managers.

As the top managers have to attend a number of sues they will be unable to make any step from detailed information as that will be time consuming for them.

7 0

3 years ago

Presented here are liability items for Teal Mountain Inc. at December 31, 2020. Accounts payable $321,850 FICA taxes payable $15

Maksim231197 [3]

Answer:

Total Liabilities = $2,888,450

Explanation:

Teal Mountain Inc.

Balance Sheet

As of December 31, 2020

Current Liabilities 

Accounts Payable $ 321,850

FICA taxes payable $15,990

Notes Payable $41,000

Interest Payable $82,000

Unearned Rent Revenue $492,000

Income Taxes Payable $7,175

Sales Taxes Payable $3,485

Total Current Liabilities $963,500

Long Term Liabilities:

Bonds Payable $1,845,000

Less: Discount on Bonds Payable ($84,050) $1,760,950

Notes Payable $164,000

Total Liabilities $2,888,450

6 0

3 years ago