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inna [77]
3 years ago
6

The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the acco

unting records for the _______ account.
Business
1 answer:
Slav-nsk [51]3 years ago
5 0

Answer:

Cash account

Explanation:

The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the accounting records for the Cash account.

The comparisms of the bank deposit to the journal by the controller who is the organization's lead accountant

in banking or financial institution is necessary so that accounting record are in order, by making sure that bank deposits are placed into a deposit account, so that it can matches accounting record for cash account. It should be noted that cash account are controlled by Federal Reserve's Regulation.

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On December 31, 1991, Jet Co. received two $10,000 notes receivable from customers in exchange for services rendered. On both no
aleksklad [387]

Answer:

Hart Corp.'s note should be reported at $10,000

Maxx Inc.'s note should be reported at $7,883

Explanation:

Interest bearing notes that represent current accounts (due within one year) should be reported at face value. Hart Corp.'s note is due in nine months, so it should be reported at = $10,000

Maxx Inc.'s note must be recorded at present value because it is due in 5 years.

FV = $10,000 x 1.03⁵ = $11,592.74

now we must determine its present value using an 8% discount rate:

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3 years ago
Suppose that $2000 is loaned at a rate of 11.5% , compounded semiannually. assuming that no payments are made, find the amount o
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This problem is solved by using the compound interest formula:
 A=P(1+(I/period))^(number of periods)
 Where A = amount accumulated and P = amount loaned and I = Interest 
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3 years ago
Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern
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Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

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The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

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Answer:

The answer is Selling Stocks

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Sometimes people make their career in academia. Which of the following is an example of such a career?
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The answer would be (B) but their is still a chance that it is C or D

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3 years ago
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