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Andrej [43]
2 years ago
13

During the month of July, Clanton Industries issued a check in the amount of $767 to a supplier on account. The check did not cl

ear the bank during July. In preparing the July 31 bank reconciliation, the company should:
Business
1 answer:
ipn [44]2 years ago
8 0

Answer:

The Company should deduct the check amount from the bank balance.

Explanation:

Since Clanton Industries had issued a check in the amount of $767 to a supplier on account in which the check did not clear the bank .

Which means in preparing the bank reconciliation, the company should go ahead and deduct the check amount of $767 from the bank balance because the check did not clear the bank which means it is of no use for the check amount to still remain in the bank balance .

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Why do you think it's better to invest in a variety of stocks, rather than in just one?
xeze [42]
When you invest in more than one stock it gives a better chance of getting more money than you would have, if you only did one.
4 0
2 years ago
Read 2 more answers
5. If you enter a road from a driveway, alley or roadside you must:
8_murik_8 [283]

Answer:

If you enter a road from a driveway, alley or roadside you must:

Yield to vehicles already on the main road.

Explanation:

The concept of right to way is supposed to be understand since there are no law that actually grants the right of way since it only states when the right of way is to be yielded. This concept has to be considered and well understood by all motorists to avoid conflict on roads. These conflicts often cause accidents which can lead to possible loss of life. Thus the rules governing right of way have to be taken very seriously to minimize the probability of accident.

In the following cases the right of way has to be yielded;

1. When one is at a yield sign for example; a stop sign

2. At a pedestrian crosswalk

3. At intersections that don't have traffic lights or where there is uncontrolled movement

4. At T intersections where one has to yield to motorists already on the main road

5. When one needs to turn left into the main road, one needs to yield to oncoming vehicles on the main road

6. One one is moving from a parking lot to the pavement

In our case, rule number four applies since one needs to enter from a driveway alley or roadside to the main road. This means that one on the driveway needs to yield to vehicles already on the main road.

3 0
3 years ago
Read 2 more answers
A lawn service company has the following production possibilities. With​ one, two,​ three, and four​ workers, the company can mo
Marianna [84]

Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

When they added a 3rd worker, the figure again went up but only to 12 which is an increase of THREE only as opposed to the last increase of FIVE.

After the third worker therefore, there was an increase but at a smaller rate.

7 0
3 years ago
Choose the answer for the three drop-down menus in the picture
Natali5045456 [20]

Answer:

1. conservatively

2. elevator pitch

3. Smile

Explanation:

You want to dress formally at an interview not casual. An elevator pitch is where you briefly try to sell yourself, in this case you would want to sell yourself to the employer to showcase your qualifications so they hire you. Joking may not be appropriate at an interview but smiling makes you come off as nice.

3 0
2 years ago
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Bon Temps' financial statements show the following information: Average cost of funds 10.0 %, EBIT $ 500,000, Total capital $1,2
s344n2d4d5 [400]

Answer:

1. $225,000

2. $40

Explanation:

1. The computation of company's economic value added is shown below:-

= Earning before interest and tax × (1 - Tax rate) - (Total Capital × Cost of capital)

= $500,000 × (1 - 30%) - ($1,250,000 × 10%)

= $350,000 - $125,000

= $225,000

2.  The computation of market price per share is shown below:-

= Earning per share × Price per earning ratio

= $2 × 20

= $40

3 0
3 years ago
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