Answer:
The answer is 33.98.
Explanation:
Discount the accumulation of discount in the 19th coupon 18 periods to find the accumulation of discount in the first coupon. Then find the FV of an annuity with 8 as the number of periods with the accumulation of discount in the first coupon as the payment and and you will get 33.98.
Given di19 = C(i − g)
= C(i − g)
= 8, So
= C(i − g)(
+
+...+
)
=8
=33.98
Answer:
The amount should the bank report = $ 21725
Explanation:
Entries:
3.Dr accounts payable 23375
Cr Bank 23375
4. Dr Bank 7500
Cr Account receivable 7500
5. Dr Bank 900
Cr Accounts payable 900
(Error in check)
6. Dr Bank charges 45
Cr Bank 45.
(To record bank charges)
Creative Design co
Bank Reconciliation statement
$
Balance as per bank statement as Aug -20Y6 = 37600
<u>Adjustment:</u>
Add: Deposit in transit = 7500
Less: Outstanding checks = (<u>23375</u>)
Adjusted balance <u>21725</u>.
Balance as per Cash book = 20870
Less : Bank charges = (45)
Add: Error in check = <u>900</u>
Adjusted Balance <u>21725</u>
Companies and consumers started to understand in the 1930s that using resources properly and efficiently was advantageous for both society and business. the green revolution sprang from this.
The green revolution is a broad movement that advances the concerns of environmentalists, or people who believe that it is important to preserve the integrity of the non-human world for both that reason and the survival of humans. Its membership is extraordinarily diversified, including academics, political activists, wealthy and impoverished individuals from all over the world, as well as followers of a wide range of religious ideologies. Global climate change has been a major issue for the green movement since the 1980s. The preservation of both multi-use undeveloped landscapes and natural regions, the protection of endangered species, and resistance to pollution are further issues.
Learn more about green revolution here
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