When bank charged another company's check against our account this would be included on the bank reconciliation as a addition to the balance per books.
A bank reconciliation statement summarizes banking and business activities and reconciles a company's bank accounts and its financial records. A bank reconciliation statement confirms that the payment has been processed and the cash collection has been credited to your bank account.
Withdraw an outstanding check. This will give you a reconciled bank balance. Then, use the cash balance at the end of the business to add up the interest earned and any outstanding bills. Deduct all bank charges, penalties and NSF checks.
Procedures for verifying the accuracy of both company bank statements and cash accounts. - Must be completed at the end of each month. A common cause of differences between the bank's ending balance and the cash book's ending balance.
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The correct answer would be, Reverse Discrimination.
Recently, businesses have experienced debate over Reverse Discrimination, the practice of discriminating against a dominant or majority group of persons.
Explanation:
When people or group of people who were discriminated against previously, are being favored, then this practice is known as the Reverse Discrimination.
For example, reverse discrimination can be caused in an organization where previously discriminated Muslims are now being preferred and hired by the company.
Similarly the same practice can be seen in the companies where females are now being hired(even though the males are more qualified for the job) who were previously discriminated against men.
Reverse Discrimination is not a fair practice, because it is still a Discrimination.
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Answer:
The more you sell the more you will earn :)
Explanation:
The correct answer would be B. This is because you are spending more money aka $12,000 which would result in you having less money than if you bought one for $8,000!
