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diamong [38]
3 years ago
8

In preparing its August 31, 2010 bank reconciliation, Adel Corp. has available the following information:

Business
1 answer:
saul85 [17]3 years ago
5 0

Answer: C $22,100

Explanation: Bank Reconciliation

8/31/10 Bank Balance $21,650

Add:

8/31/10 Deposit in transit. $3,900

Less:

8/31/10 Outstanding Chq. $2,750

8/30/10 Rtd Chq. $600

8/31/10 Bank Charges. $100

Cash book balance $22,100

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Natasha selects standard shipping for her purchase and the company bills her credit card $91. 08 for the total of the online pur
kicyunya [14]

A. Natasha has been billed correctly for her purchase of standard shipping.

To determine if Natasha has been billed correctly for her purchase, you need to review the details of the purchase.

First, you need to confirm the cost of the items purchased. This can be done by looking at the itemized list of purchases on the receipt.

Next, you need to confirm the cost of shipping. If Natasha selected standard shipping, then the cost will be listed on the receipt.

Finally, you need to compare the cost of the items purchased and the cost of shipping to the total amount billed to Natasha's credit card. If the total cost of items and shipping matches the total amount billed to Natasha's credit card, then Natasha has been billed correctly.

In this case, since the total cost of items and shipping matches the total amount billed to Natasha's credit card ($91.08), Natasha has been billed correctly. Therefore, the answer is A. Natasha has been billed correctly.

For more questions like Shipping click the link below:

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3 0
1 year ago
Journalize the entries to record the following selected bond investment transactions for Starks Products: If an amount box does
dalvyx [7]

Answer:

The journal entries are:

Dr Bond Receivable      66,000

Dr Interest Receivable   990

Cr Cash                          66,990

(to record the purchase of Iceline, Inc. 's bonds)

Explanation:

The purchase include the following deliverables:

+ The bond at the price of $66,000

+ The interest receivables that the seller(s) is/are eligible to receive, yet, they transfer the rights to the buyers. This amount is recorded at $990 as Buyer's receivable because as bond holder, Buyers are eligible to receive that. Noted that this is not qualified to be recorded as Interest Income for Bond's Buyers because the Buyers do not hold the bond at all before the purchase, thus, they should not recorded any interest income from the coupon receipt.

=> Total Cash spent for the purchase is $66,990 ( $66,000 + $990).

6 0
4 years ago
Which of the following statements about the admission process is FALSE?
ser-zykov [4K]
It requires information about yourself and your family.
7 0
3 years ago
Suppose the nominal exchange rate between the yen and the U.S. dollar is 120 yen per U.S. dollar, and that the nominal exchange
Snezhnost [94]

Answer:

75

Explanation:

Given the following nominal exchange rates;

120 yen = 1 U.S. dollar

1.60 Canadian dollar = 1 U.S. dollar

Therefore,

120 yen = 1.60 Canadian dollar

1  Canadian dollar = 120 yen/1.6

1  Canadian dollar = 75 Yen

It will take 75 Yen to buy a Canadian dollar.

7 0
4 years ago
Goods that are rival in consumption but not excludable would be considered? a. private goods. b. common resources. c. club goods
Fofino [41]

Common resources are rival and non-excludable. Examples of common goods are coal and timber because they can only be possessed or consumed by a single user at one time but access is not restricted.

Common resources are described as non-excludable but competitive goods or resources. As a result, practically anyone can utilize them. However, if one person uses up a shared resource, it becomes less available to other people. When those two traits combine, shared resources are frequently used excessively (see also the tragedy of the commons). Freshwater, fish, timber, grassland, and other resources are a few examples of common resources.

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5 0
2 years ago
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