Answer:
The answer is 'add the deposit to the end cash balance per bank statement'
Explanation:
The company made a deposit on the last day of September and this was not recorded by the bank i.e it will not be shown on the bank statement at September 30. The company had already recorded this deposit in the cash book at office. This means the bank statement is less this deposit amount.
To correct this anomaly, the deposit that was not recorded by the bank will be added to the end cash balance as per bank statement.
Answer:
Downscoping
Explanation:
The term that is being described in the question is known as Downscoping. Like mentioned, this term basically represents establishing a focus on the company's core businesses while at the same time getting rid of all that is not essential. This is very different from Downsizing which revolves around reducing the number of employees and operating units, thus reducing and changing the composition of the business itself. Although very different, these terms are often confused for one another.
Answer:
The financial disadvantage for the company is 3,500
Explanation:
Computation is Shown Below;
Sales Value at split-off Point = 24000
Subtract: Allocated joint Cost =<u> 16800</u>
Profit if sold at split-off point = 7200
Sales Value after processing = 35500
Subtract: Allocated joint Cost = 16800
Sub: Cost of further processing <u>= 15000 </u>
Profit if Processing further = 3700
Financial Disadvantage = 3700 - 7200 = (3500)
Answer:
If I bougth the Machine at 14% interest.
This purchase is not justified
Depreciation expenses and credit interest are greater than the income generated
Explanation:
Machine 360000
Adittional cost 20000
Final Cost 380000
Salvage Value 73000
Machine value for depreciation 307000
year 1 307000 61400 245600
year 2 245600 61400 184200
year 3 184200 61400 122800
year 4 122800 61400 61400
year 5 61400 61400 0
Period Payment Capital Interest Loan
360000
1 104.862 54.462 50.400 305.538
2 104.862 62.087 42.775 243.451
3 104.862 70.779 34.083 172.672
4 104.862 80.688 24.174 91.984
5 104.862 91.984 12.878 0
Depreciation 307000
Interes 164.310
Expenses 471.310
Revenue 430.000