If the bank notifies the company of a deposited customer check that was returned NSF, the company would have to Debit Accounts Receivable and Credit cash.
<h3>What happens when a check is returned NSF?</h3>
This means that the check did not clear and so the depositor still owes the company the amount they had written on the check.
The company would then have to debit Receivables to show that the person still owes them, and credit cash to show the cash never reported.
Find out more on NSF checks at brainly.com/question/24260989.
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Answer:
The smoothing factor is close to 1, the values of the time series are more heavily weighted that the values in the distant past. When the value of the smoothing factor is close to zero, the values of the time series are more evenly weighted with the values in the recent past values.
Calculate the weight applied to the observations four periods ago as shown below:
F₁ +1 = (1- a)F₁ + a(A₁) = (1 -0.3)F₁ + 0.3(4) = (0 .7) F₁+ (0.3) (A₁)
F₄ = (0.7) F₁ + (0.3) A₁
Here, F₁ = Forecasted demand of t period A₁ = Actual demand
Explanation:
Answer:
1. U. None of these
2. Variable overhead price variance = $2,000 F
Variable overhead efficiency variance = $4,000 U
Explanation:
Please see attachment.
Answer:
Explanation:
Return on common stockholders' equity for 2015:
(Net income - preferred stock)/Equity
(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%
Return on common stockholders' equity for 2015:
(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%
From these calculations, it is clear that return has improved.
