1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slega [8]
2 years ago
7

A customer paid $250 using a check for purchases made in the first week of January. The bank statement received at the end of th

e month showed that this was an NSF check. The entry needed to adjust the company's cash balance for this reconciling item will include a:
Business
1 answer:
vodka [1.7K]2 years ago
3 0

Answer:

Credit to cash for 250

Explanation:

As in the question it is given that the customer is paid for $250 for purchase made in the first week of January.

And, in the bank statement it is shown that it was a NSF check.

Now the adjusting the company cash balance for reconciling the item would include a credit for cash for $250 so that the balance should be equaled

You might be interested in
You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel
uranmaximum [27]

The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

<h3>What is a distribution channels?</h3>

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

Learn more about distribution channel at;

brainly.com/question/25630633

4 0
2 years ago
Which of the following is an example of an activity undertaken by an​ entrepreneur? A. being promoted to the position of Chief o
luda_lava [24]

Answer:

C) starting a snow cone business

Explanation:

An entrepreneur is someone who decides to start his own business, usually a small business. Only option C refers to starting a new business.

Option A and B refer to positions where you are employed by the government (being a government employee is the opposite of being an entrepreneur).

Option D refers to painting your kitchen not opening a new business.

5 0
3 years ago
A one-brand-name strategy is useful when the marketer wants the brand to appear to be a local brand, or when regulations require
Phoenix [80]
B. false

A one brand name strategy would be like McDonalds, Call everything the McRib, McDouble, it makes it nationlized, not localized
5 0
3 years ago
Question 3
lozanna [386]

Answer:

OD All are signs of a serious gambling problem.

5 0
2 years ago
Elc inc. is an electronic appliances manufacturer that has many strategic business units (sbus), among which, television and com
Sedbober [7]

Answer:

The answer is multi-divisional structure.

Explanation:

A company employing multi-divisional structure would usually function as a parent company that has many business units under it operating different business sectors. This is clearly the case of Elc Inc., since it both manufactures televisions and computers. The fact that both businesses share the same budget shows that the two business units are still operating in the same company.

4 0
3 years ago
Other questions:
  • Ming, a global business person, had a conversation with a local shop owner in his city. The shop owner asked Ming about the chal
    14·1 answer
  • A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t
    13·1 answer
  • List five things you should do if you are a victim of identity theft
    14·1 answer
  • Marine Midland Bank sent market researchers door-to-door in the neighborhoods surrounding its branch banks. Each researcher want
    14·1 answer
  • One of your clients is a sophisticated 40 year old investor and has recently changed jobs. The client is considering rolling ove
    14·1 answer
  • The Work in Process Inventory account had a beginning balance of $16,200 on April 1. During April, the cost of direct materials
    14·1 answer
  • A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best descr
    13·1 answer
  • We describe the flow of costs in a process costing system and prepare appropriate journal entries to record costs. A process cos
    11·1 answer
  • 13
    11·1 answer
  • A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!