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Makovka662 [10]
3 years ago
10

If a company made a bank deposit on September 30 that did not appear on the bank statement dated September 30, in preparing the

September 30 bank reconciliation, the company should: Deduct the deposit from the bank statement balance. Send the bank a debit memorandum. Deduct the deposit from the September 30 book balance and add it to the October 1 book balance. Add the deposit to the book balance of cash. Add the deposit to the bank statement balance.
Business
1 answer:
jasenka [17]3 years ago
4 0

Answer:

Add the deposit to the bank statement balance.

Explanation:

This is a temporary difference, the bank balance will be adjusted in the bank reconciliation to get the adjusted bank statment.

The deposit is an increase of cash, it will not be deducted. The bank will acknowledge the deposit in 48 or 72 hours so there is no need to send any memo.

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An endcap display that contains fast-selling items would most likely need
alexdok [17]

Answer:

D. Every day

Explanation:

an end cap display that contains a fast selling items would definitely need changes more often in the space of everyday because that is where customers visit the more once they enter into the supermarket the more changes made by the faster the the items displayed gets selling

6 0
3 years ago
Ted is glad his company finally converted to an RFID system. Now, he no longer needs to go through all the new goods to make sur
DedPeter [7]

Answer: (A) Checking

Explanation:

According to the question, ted finally convert his company into the RFID system as by using this radio frequency identification system it automatically identifying the various types goods by using the unique code. Also by scanning the given bar-code we can easily identify the different categories of the products.

Therefore, ted is responsible for checking in his own company. Various types of organization or companies using the supply chain process.

Therefore, Option (A) is correct.

3 0
3 years ago
A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. Th
k0ka [10]

Answer:

a. repositioned product

Explanation:

A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. The company changed its campaign to focus on dietary needs rather than just convenience, thus targeting a segment of consumers looking for healthy diet. This is an example of a repositioned product

Product Repositioning refers to a major change in target market's understanding of the product or the brand.

Repositioning a product, means the firm has to change customers view of the product to reflect new benefits.  

Usually businesses reposition a product due to declining performance as a result of stiff competition or due to major shifts in the environment.

4 0
3 years ago
(3 Marks)
xxTIMURxx [149]

Answer:

uh dont ask me period

Explanation:

thank you

7 0
2 years ago
Plainville Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?
devlian [24]

Answer:

Inventory cycle  = <u>Inventory </u>               x 365  days

                             Cost of goods sold      

Inventory cycle  = <u>$75,000</u>     x 365 days

                              $360,000  

                           = 76.04 days

Receivable days =  <u>Accounts receivable</u> x  365 days

                                       Sales        

                            = <u>$160,000</u>   x 365 days

                               $600,000  

                            =  97.33 days

Payable days      = <u>Accounts payable</u>  x 365 days

                              Cost of sales      

                            = <u>$25,000 </u>    x 365 days

                               $360,000  

                            = 25.35 days

Cash conversion cycle

= Inventory cycle + Receivable days - Payable days

= 76.04 days + 97.33 days - 25.35 days

=  148.0 days

Explanation:

Cash conversion cycle is calculated as raw inventory cycle plus receivable days minus payable days. Inventory cycle is the ratio of inventory to cost of goods sold multiplied by number of days in a year. Receivable days refer to the ratio of accounts receivable to sales multiplied by number of days in a year. Payable day is the ratio of accounts payable to cost of goods sold multiplied by number of days in a year.

6 0
3 years ago
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