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3 years ago

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

Business

1 answer:

drek231 [11]3 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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Steve sells his home to Srivani and ends up with a producer surplus of $100,000. Srivani has a consumer surplus of $1,000 from t

amid [387]

Answer:

Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus

Explanation:

The options to this question wasn't provided. Here are the options : Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus. Both parties experience surplus, so the transaction was equitable. Only Steve benefits from the sale. Srivani will not be happy with her purchase.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell his good.

While both parties earn a surplus, the producer surplus exceeds the consumer surplus . Therefore, the seller benefited more from the trade than the consumer.

I hope my answer helps you

3 0

3 years ago

The assessment ratio isa) The ratio of assessed value to market valueb) The ratio of assessed value to the average value for pro

Ivan

Answer:

The correct answer is option A.

Explanation:

The assessment value can be found by calculating the ratio of assessed value of a property to its market value.

Market value is the rate at which the property can be sold in the open market.

The assessed value is the value given to the property by the assessor's office in order to estimate property taxes.

7 0

3 years ago

Which best describes the types of indicators that the HDI measures?

dolphi86 [110]

Answer:

O social and economic indicators

Explanation:

The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.

The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.

5 0

3 years ago

Read 2 more answers

Aragon and Associates has found from past experience that 25% of its services are for cash. The remaining 75% are on credit. An

____ [38]

Answer:

<u>schedule of cash receipts</u>

May June July August September

$ $ $ $ $

Credit Fees (75%) 135,000 150,000 142,500 145,500 180,000

Cash Sales (25%) 45,000 40,000 47,500 48,500 60,000

Credit Receipt (10%) 13,500 15,000 14,250 14,550 18,000

Credit Receipt (60%) 0 81,000 90,000 85,500 87,300

Credit Receipt (26%) 0 0 35,100 39,000 37,050

Total Receipts 58,500 136,000 186,850 187,550 202,350

Explanation:

The schedule of cash receipts must include the cash sales and other amounts received for credit sales <u>in the respective months and amounts</u> as outlined by the question.

5 0

3 years ago

Question 5 of 20

umka21 [38]

When you invest your money, it is likely that in future your purchasing power will A. go up and down.

<h3>What will happen to your purchasing power?</h3>

If you invest your money today, there is a chance that you will get back more money than you deposited, or less than you deposited.

This means that you will either have more money or less money to purchase goods and services. In other words, your purchasing power will go up and down.

Find out more on purchasing power at brainly.com/question/2286004.

7 0

2 years ago