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kobusy [5.1K]
3 years ago
6

The bank statement for Mat Co. revealed a balance of $900, and the checkbook balance showed $1,420. Checks outstanding totaled $

35. A check printing charge for $5 was on the bank statement. There was a $50 NSF shown on the bank statement. There was a $500 deposit in transit. What is the reconciled balance?
Business
1 answer:
Shkiper50 [21]3 years ago
4 0

Answer:

The reconciled balance is $1,365

Explanation:

The computation of the reconciled balance is shown below:

= Bank balance - outstanding checks + deposit in transit

= $900 - $35 + $500

= $1,365

All other items which are mentioned in the question are related to the cash balance. These items would be adjusted either positive or negative in the checkbook balance. After reconciliation, both the cash balance and the bank balance would be equal and balanced

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the price-to-cash-flow method of stock valuation generally uses either a) ebitda or operating cash flow from the cash flow state
Rainbow [258]

The price-to-cash-flow method of stock valuation generally uses either are the EBITDA or operating cash flow from the cash flow statement as a measure of cash flow. Thus, option (a) is correct.

What is stock?

The term stock refers to the product are the ready to the sale for the bulk in the production. The stock are always in the bulk in items. The stock are the measure according to the quantity. The stock was ready to deliver to the wholesaler.

The company's stock is typically valued using the price flow method and either EBITDA or operating cash as the cash flow statement method measure.

As a result, the company stock valuation is the measure two the methods are the operating and EBITDA. Therefore, option (a) is correct.

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6 0
2 years ago
A form of government spending that is not made in exchange for a currently produced good or service is called
NeX [460]

Answer:

Transfer payment

Explanation:

Transfer payment in finance can be as well regarded as " government transfer" it is income and wealth redistribution which occur when payment is made by government without exchange of goods or services in return. It should be noted that Transfer payment is a form of government spending that is not made in exchange for a currently produced good or service. Some of the common transfer payment type is social insurance programs, as well as business subsidies.

3 0
3 years ago
On January 10, 2022, Kingbird, Inc. sold merchandise on account to Tompkins for $8,180, terms n/30.
Eddi Din [679]

Answer and Explanation:

The journal entries are shown below

Jan 10

Account receivable Dr $8,180

     To Sales revenue $8,180

(being goods sold on credit)

Here account receivable is debited as it increased the assets and credited the sales revenue as it also increased the revenue

Feb 9

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(Being note received is recorded)

Here Promissory note is debited and account receivable is credited

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3 years ago
Should employers be allowed to question employees about non-health related issues such as criminal record, marital or family sta
larisa86 [58]

Answer and explanation:

Speaking from the ethical point of view, <em>employers should not request employees' background documentation</em> such as criminal records or information like family or citizenship status because they should trust in workers. However, there are many cases in which individuals are forced to lie because of external problems they are facing such as economic hardship in their families so they cannot afford to lose their jobs for missing paperwork.

To conclude, <em>companies must request employees' background documentation periodically to find out if they are being honest in the information they are providing to the team about themselves.</em>

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3 years ago
An American marketing research company wanted to use a survey to determine if it was feasible to build shopping centers in sever
Alekssandra [29.7K]

Answer:

decentering

Explanation:

From the question we are informed about An American marketing research company who wanted to use a survey to determine if it was feasible to build shopping centers in several countries. Since all of the countries spoke a different language, the company used two translators for each country—one to translate it into the native language, and one to translate it back into English. The original document was revised repeatedly until the translated version matched it in meaning. This describes the process of decentering.

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