(50 POINTS) 1 HOUR TO ANSWER PLEASE HELP. LIFE INSURANCE?

On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,874. Cash receipts yet to be de

My name is Ann [436]

Answer:

Bank Reconciliation Statement

Balance at bank as per the Cash Book (updated) $7,885

Add Unpresented Cheques $1,355

Less Bank Lodgements not yet credited ($3,268)

Balance as per bank statement $5,972

J1

Bank $39 (debit)

Interest Earned $39 (credit)

J2

Bank service fee $28 (debit)

Bank $28 (credit)

Explanation:

Step 1 Bring the Cash Balance in the Cash Book up to date

Debit :

Balance as at August 31, 2021, $7,874

Interest Earned $39

Totals $7,913

Credit:

Bank service fee $28

Balance Up dated (Balancing figure) $7,885

Totals $7,913

Step 2 Prepare the Bank Reconciliation Statement

Bank Reconciliation Statement

Balance at bank as per the Cash Book (updated) $7,885

Add Unpresented Cheques $1,355

Less Bank Lodgements not yet credited ($3,268)

Balance as per bank statement $5,972

6 0

4 years ago

I met a girl and she said '' omg, are you a cookie?'' then she show this image to me..

Verizon [17]

Answer:

very confused but okayyyy

3 0

3 years ago

Net sales for the year were $325,000 and cost of goods sold was $240,500 for the companyâ€™s existing products. A new product is

marin [14]

Answer:

The correct answer is B.

Explanation:

Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).

Net sales = $325,000

Cost of Sales = $240,500

Therefore we have;

$325,000 - $240,500

=$84,500

Gross profit ratio is (Gross profit/net sales) x 100%

($84,500 x $325,000) x 100%

26%

6 0

3 years ago

Data from the financial statements of Dils Brothers Co. and J. Cox, Inc. are presented below (in millions): Dils Brothers Co. J.

9966 [12]

Answer:

0.64

Explanation:

Debts to total asset ratio = Total liabilities / total assets

For J.Cox Inc 2016; Debts to total asset ratio = $47,422 / 73,744

Debts to total asset ratio = 0.64306

Debts to total asset ratio = 0.64

2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64

3 0

3 years ago

Suppose the economy is in long-run equilibrium. In a short span of time, there is a sharp rise in the stock market, an increase

Snowcat [4.5K]

Answer:

All of the above are possible.

Explanation:

Discussions here center on equilibrium of an economy in a long run, and here after the government activities, their is a decline in dollar value; therefore in the short run, the price level and real GDP will both rise in as much as the price level and real GDP will also both fall. It is also gathered that neither the price leave nor real GDP will change.

The transition from the short run to the long run may be done by considering some short run equilibrium that is also a long run equilibrium as to supply and demand, then comparing that state against a new short run and long run equilibrium state from a change that disturbs equilibrium, say in the sales tax rate, tracing out the short run adjustment first, then the long run adjustment.

8 0

3 years ago