Answer: Add $45 to the book balance
Explanation:
This is a case of bank reconciliation. Bank reconciliation occurs when the account of the bank and the company or Business are compared in order to check the differences which are then reconciled.
In this case, since the check written and paid by the bank is $649 while in the company's book, it's written as $694, then a book balance of $45 is added which is the difference between $694 and $649
Answer:
D) Both a and b.
Explanation:
COPPA means Children's Online Privacy Protection Act of 1998, it is a federal law in the United States that became effective on April 12 2000. This law is used as pertaining to the collection of personal information of individuals under age 13. For a company that is based in US, it is required that their website must include privacy policy on how to seek parental consent, what this information will be used for, and the responsibility to protect the privacy of children online.
Most companies does not allow children under age 13 to have access to their services because of what it entails in complying with the law.
Answer:
A
Explanation:
i think it has been explain according to the option
Work In Process Inventory 66,000
Manufacturing Overhead 9,000
Raw Materials Inventory 75,000
Hope this helps :)
Answer:
The correct answer is:
Equilibrium price will decrease; the effect on quantity is ambiguous. (D)
Explanation:
First, note that if the price of coffee beans, used in the manufacture of coffee decreases, the price of coffee sold to consumers will decrease, because it takes a lesser amount in manufacturing than it used to, therefore this reduction in manufacturing costs is reflected in the selling price.
Next, it is hard to tell whether this reduction in equilibrium price will affect quantity demanded, because, at the same time, the price of cream ( a complementary good) increases, and since both goods are complementary, they are bought together, and the effect of the reduction in the price of coffee might not necessarily caused an increase in the quantity demanded because this effect is cancelled out by the increase in the price of cream, hence the effect on quantity is ambiguous.