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Studentka2010 [4]
3 years ago
8

Hector Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books

, 3/31 $12,000 Notes receivable collected by bank 6,000 Outstanding checks 9,000 Deposits in transit 4,500 Bank service charge 75 NSF check 1,200 Using the above information, determine the adjusted cash balance for March.
Business
1 answer:
malfutka [58]3 years ago
8 0

Answer:

adjusted cash balance  = $16725

Explanation:

given data

Cash balance per books = $12000

Notes receivable = 6,000

Outstanding checks = 9,000

Deposits in transit =  4,500

Bank service charge =  75

NSF check =  1,200

to find out

determine the adjusted cash balance

solution

we get here adjusted cash balance will be as

adjusted cash balance = Cash balance per books + Notes receivable - Bank service charge - NSF check   ...............1

put here value

adjusted cash balance = $12000 + $6000 - $75 - $1200

adjusted cash balance  = $16725

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Answer:

B) Abstract and opinion.

Explanation:

Abstract and opinion can also be call Abstract of title:

this is the records or evidence of the full history of the property from the conveyance,wills, legal backing, and the list of those people that as assume ownership of the property for a particular period of time.

A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific parcel of real estate, together with a statement of all recorded liens and encumbrances affecting the property and their present status, but not including encroachments and forgeries, is known as a Abstract of Title or Abstract and opinion.

6 0
3 years ago
Suppose that Billy McGee owns the Internet domain www.ironmaiden.com. Iron Maiden, the legendary British heavy metal band, was g
Eduardwww [97]

Answer:

B

Explanation:

Coase theorem states that in a situation of conflicting property right . the trading parties should be able to arrive at a mutually benefiting term that should cover the the  cost and other underlying value of the property involved.

In the scenario above , for  Billy McGee to retain the domain name as the WIPO has already given the right to Iron maiden , he will have to pay iron maiden more than the value to iron maiden and less than the value to him so that the two can mutually benefit from the transaction

5 0
3 years ago
Penguin Island produces two goods: ice and genetically engineered fish. Due to recent technological advances, its economy has ex
Vadim26 [7]

Answer:

1. Point on x-axis will increase and so will the point on the y-axis

2. All of the above

Explanation:

1. The Production Possibilities Frontier shows the amount of resources needed to produce different quantities of two goods. It therefore allows one to see the trade-off in resources for producing more of one good vs the other.

When a factor of production leads to more efficiency in the production of a good, the frontier will increase. In this scenario, there has been a growth in technology which means that more of both goods can be produced. This will increase the PPF on both axis. (Refer to attached file).

2. All of the listed options have led to increases in the standard of living in the last century. More education means people can get better jobs and build more infrastructure. International trade has increased market access and increased wealth. Farm productivity is better so more people can be fed and improvement in technology is the main driver for growth.

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3 years ago
Jaron's Internet is not functioning. A person from which pathway would best aid Jaron in fixing the issues with his
zmey [24]

Answer:

a person in telecommunications

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Since in the question it is mentioned that Internet of Jaron is not working so here the pathway that should be considered best and aid to fixing the issues with the internet if the person who is in telecommunication as the internet would be classify as the telecommunication part

Therefore the third option is correct

7 0
3 years ago
14) A firm's internal business environment does NOT include its ________.
elena55 [62]

Answer:

E) Customers

Explanation:

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6 0
3 years ago
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