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svetoff [14.1K]
3 years ago
13

"Which one of the following items requires an adjustment on the bank side of the bank reconciliation?

Business
1 answer:
ale4655 [162]3 years ago
5 0

Answer:

Deposits in transit

Explanation:

A company's deposit in transit is the currency and customers' checks that have been received and are rightfully reported as cash on the date received, and the amount will not appear on the company's bank statement until a later date. A deposit in transit is also known as an outstanding deposit.

When there is a deposit in transit, the amount should be listed on the company's bank reconciliation as an addition to the balance per bank.

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What is the distinction between​ cross-sectional data and​ time-series data?
AleksAgata [21]

Answer:

B. ​Cross-sectional data provides information about economic behavior at an instant in​ time, while​ time-series data provides information about how an economic variable behaves over time.

Explanation:

There are two types of data, transverse data and time series data. Cross-sectional data is data that exists at a single point in time. For example, data from an observational survey or sales from a firm. Time series data are data that require intertemporal analysis, such as a country's inflation and GDP data, which should be analyzed for evolution. In other words, time series data are analyzed in a manner dependent on the previous period. Current month's inflation depends on the previous month's inflation analysis.

4 0
3 years ago
Getting a credit card math quiz question 3 of 5: you have a balance of $4,000 on your credit card with a 12% interest rate (1% p
Yuliya22 [10]
I was stuck on the same question. When I find out I’ll tell you immediately!!!
5 0
3 years ago
Read 2 more answers
Which of the following promotion mix approaches involves a producer promoting a product to different channel members who in turn
bulgar [2K]

Answer:

Push strategy

Explanation:

A Push strategy is originated from the push and pull concept in the logistics. This strategy refers to the concept of producers pushing their products into different channels and then those channels will further market and advertise their products. This strategy is one of the various channel strategies that is used by producers.

One of the example would be Walmart which uses push strategy over pull.

I hope the answer is helpful. Thanks for asking.

6 0
3 years ago
Gilbert Company made an ordinary repair to a delivery truck during 2016 at a cost of $500 and capitalized the repair cost. What
Leto [7]

Answer:

The answer is:

Asset will be overstated

Net income will be overstated

Explanation:

Because of the incorrect capitalization(the process of converting or adding to a firm's asset):

1. Assets are overstated. Assets that shouldn't are added to the entire assets are added. So it's increasing the company's asset whereas it's not.

2. Net income are overstated. Because depreciation too will have to be charged for the asset that wasn't there, therefore, net asset will be overstated.

7 0
3 years ago
Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their
quester [9]

Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. This would cause the labor force participation rate to decrease.

Let's imagine that the government employs a convincing advertising campaign to persuade those with high school diplomas to quit their jobs and devote their full time to attending college. As a result, the rate of labor force participation would decrease.

The labor force participation rate provides an estimate of the size of the labor force in an economy. The percentage of the working-age, non-institutionalized population, aged 16 and over, that is employed or actively seeking employment is used in the calculation. When paired with the unemployment rates, it can help put the state of the economy in some sort of context.

To know more about labor force refer:

brainly.com/question/14826712

#SPJ4

4 0
1 year ago
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