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3 years ago

A deposit would appear as a debit on your bank statement. True or False

Business

2 answers:

lana [24]3 years ago

6 0

Answer:

A deposit would appear as a debit on your bank statement. - False

DanielleElmas [232]3 years ago

4 0

False according to my teacher

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what percentage of motorists have witnessed an act of aggressive driving in the past year, according to the Citizens For Roadsid

Sedaia [141]

Here is the answer to the given question above. According to the Citizens for Roadside Safety, the percentage of motorists that have witnessed an act of aggressive driving in the past year is 70% but only 30% of it admitted their aggressiveness. Hope this answers your question. Have a great day!

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3 years ago

Read 2 more answers

The primary purpose of parks and natural areas is for recreation and human use. true or false

Elena L [17]

True. Parks and natural areas provide an avenue for humans to conduct adventure programs and activities. with proper stewardship and preservation, parks and natural areas provide a conducive place for outdoor recreation and education programs that may lead to increased health, wellness, and community participation.

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3 years ago

Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcomi

MrRissso [65]

Answer:

555 000 US$ 

Explanation:

Cash sales(25%) Credit sales(75%) 

January (400,000*25%)=100000 (400,000-100000)=300,000

February (600,000*25%)=150,000 (600,000-150,000)=450,000

Customer collections to the month of February.

= $150,000 + ($450,000 * 0.7) + ($300,000*0.3)

(Balance collections = (100 - 70) = 30%) 

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4 years ago

According to the company's records, the conversion cost in beginning work in process inventory was $15,264 at the beginning of J

aksik [14]

Answer:

$0.873

Explanation:

Limber Company

Calculation of cost per equivalent unit for conversion costs for the month:

Units transferred:

Begining Work in process 18,000

Add Units started into production during the month 81,000

Less Ending Work in process (17,000)

Units completed and transferred out during the month 82,000

The Equivalent units of production

Conversion

Transferred to next department 82,000

Add Ending work in process 13,600

( 17,000 units × 80% complete

Equivalent units of production 95,600

Cost per Equivalent Unit

Conversion

Cost of beginning work in process $15,264

Add Cost added during the period 68,208

Total cost $83,472

Equivalent units of production $95,600

Cost per equivalent unit:

Total units/Equivalent units of production

Hence:

$83,472/$95,600

=$0.873

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4 years ago

When an investor's accounting period ends on a date that does not coincide with an interest receipt date for bonds held as an in

Serhud [2]

Answer:

make an adjusting entry to debit Interest Receivable and to credit Interest Revenue for the amount of interest accrued since the last interest receipt date.

Explanation:

Adjusting entries are used at the end of an accounting period to assign income and expenses that has accrued.

In this instance when the interest reciept day comes after accounting period we need to recognise the amount of interest earned so far.

The amount accrued since last interest payment date is calculated.

This amount has been earned so it should be recognised as revenue. To do this we debit interest receivable and credit interest revenue.

5 0

3 years ago