Answer:
a. 3
Explanation:
Bank Reconciliation: The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the company to run smoothly.
There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We adjust the transactions accordingly to match those statements.
Based on the cash balance, there would be three adjusting entries which are given below:
a. Bank service charges
b. Notes collected
c. Interest earned
These adjusting entries are required so that the cash balance should balance with the valid cash balance.
The manufacturer most likely uses intensive distribution is: a. Cadbury Adams, a manufacturer of Certs breath fresheners
<h3>Who is manufacturer?</h3>
A manufacturer can be defined as someone that produces product or goods from raw material to finished goods.
Hence, Cadbury Adams, a manufacturer of Certs breath fresheners is the manufacturer most likely uses intensive distribution.
Learn more about who is a manufacturer here:brainly.com/question/899769
#SPJ1
Answer:
70% paid in the month of expenses and remaining paid in next month i.e. (78,400 - 10,000) * 70% = 47,880. (78,400 - 10,000) * 30% = 20,520.
Explanation:
Answer:
C. Sale of goods on credit
Explanation:
The current liabilities refer to the financial obligations that a company has to pay within one year and it includes accounts payable, short term debt and wages payable. According to this, the answer is that the option that does not affect the current liabilities section of the balance sheet is sale of goods on credit.
I think so this is your holiday homework and teachers are thinking that you are doing your self