When a bank account is reconciled, then it means that the bank transactions are checked and compared to the bank statement to be sure that the inflows and outflows tallies and are accurate.
Basically, the steps to reconciling an account are as follows:
- Make comparisons of the deposit in the account
- If you find any discrepancy, make adjustments on the bank statement
- Make an adjustment of the cash account
- Make a comparison of the balance.
Please note that your question is incomplete so I gave you a general overview to help you better understand the concept.
Read more about bank statements here:
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The responsibility that each person has not to harm another person, the community, or the environment
You have to have a business to buy from wholesale! Such as Walmart or I think even Dollar tree for example. Since these places need to make a profit. I would give you a better answer with more explanation but I dont know much about this so that’s all I know! Hope this helped in a way! <3
Answer:
70 days of accrued interest
Explanation:
The clean price of the bond is the market price of the bond without any accrued interests, while the dirty price includes accrued interests. In order to calculate the dirty price of the bond, we need to determine the time that passed between the last coupon payment and the settlement date:
when you use the regular way settlement, we consider a 360 day year, so every month has 30 days, and we must add 1 business day at the end:
30 days from January + 30 days from February + 9 days of March + 1 business day = 70 days
Answer:
Budgeted Production = 52910 units
Explanation:
The budgeted production should be enough to meet the yearly sales requirement plus provide enough inventory at the year end to cover for the required level of desired inventory. The opening inventory at the start of the year should be deducted to calculate the budgeted production.
Budgeted production = Sales + Closing Inventory - Opening Inventory
Budgeted Production = 51500 + 7410 - 6000
Budgeted Production = 52910 units
