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3 years ago

Which of the following products would be used in calculating GDP2

Business

1 answer:

tensa zangetsu [6.8K]3 years ago

4 0

Answer:

To calculate annualized GDP growth rates, start by finding the GDP for 2 consecutive years. Then, subtract the GDP from the first year from the GDP for the second year. Finally, divide the difference by the GDP for the first year to find the growth rate. Remember to express your answer as a percentage.

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A bank service charge of $10 would be included on the bank reconciliation as a(n):_____.

iris [78.8K]

A bank service fee of $10 would be included on the bank reconciliation as on the last day of the bank statement

<h2>What exactly does a bank reconciliation include?</h2>

Starting with the bank's ending cash balance, adding any deposits that are currently being made up of the company to the bank, subtracting any checks that haven't yet been cleared by the bank, then either adding or subtracting any other items completes the basic process flow for a bank reconciliation.

<h3>A bank reconciliation is what?</h3>

At the conclusion of every month, a business should perform a bank reconciliation, which is that the process of confirming the correctness of both the bank statement and the cash accounts.

The most frequent reasons why the ending bank balance and ending book balance of cash differ.

Learn more about bank reconciliation :

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7 0

1 year ago

The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common s

horrorfan [7]

Answer:

Debits of trial balance = Credits of trial balance.

Explanation:

1. Dr Cash 12500

Cr Capital 12500

2.Dr Office supplies 363

Cr Cash 363

3.Dr Office equipment 6913

Cr Accounts payable 6913

4. Dr Cash 1475

Cr Service revenue 1475

5. Dr Accounts payable 6913

Cr Cash 6913

6. Dr Account receivable 2650

Cr Service revenue 2650

7. Dr Rent expense 520

Cr Cash 520

8. Dr Cash 1113

Cr Account receivable 1113

9.a) Dr Retained Earning 1100

Cr Dividend payable 1100

b) Dr Dividend payable 1100

Cr Cash 1100

Ledgers:

Cash=12500-363+1475-6913-520+1113-1100= Dr 6192

Office Supplies = Dr 363

Office equipment = Dr 6913

Capital = Cr 12500

Accounts payable = 6913-6913=0

Service revenue = 1475+2650= Cr 4125

Rent expense = Dr 520

Account receivable = 2650-1113= Dr 1537

Retained earning = Dr 1100

Dividend payable =1100-1100=0

Trial Balance

_Dr________________________________________Cr_____

6192 cash ----- 12500 Capital

363 Office supplies ----- 4125 Service revenue

6913 Office equipment -----

520 Rent expense ------

1537 Account receivable

1100 Retained earning

Total = 16625 ------ Total = 16625

5 0

3 years ago

If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:

Alex777 [14]

Answer:

The correct answer is (C) straight variable cost assumptions.

Explanation:

If the total cost increases with small increases in activity, it may be referred to as a step-variable cost.

6 0

3 years ago

This Government Representative is appointed by the Contracting Officer to serve as a technical liaison between the Government an

Alex Ar [27]

Answer:

Contracting Officer Representative

Explanation:

An agent of a contracting officer is a person appointed in compliance with the subdivision of DFARS .and approved by the contracting agency in law to automate repetitive technological or essential functions.
A security officer is a man who shares information to interact and coordinate their events between two organizations.

by these process COR work.

3 0

3 years ago

in the budget 2013-2014 the government proposed to raise the excise duty on cement. it also proposed to raise the income tax on

podryga [215]

Worried by falling stock prices and plunging sales, cigarette makers are lobbying hard to prevent the government from hiking excise duty for the third straight year. Industry body, The Tobacco Institute of India in its budget submission to the finance ministry has requested the government to maintain the current duty on cigarettes and reduce duty on the smaller size sub-65 mm length filter to Rs 200 per thousand sticks from Rs 669 per thousand cigarettes to allow the industry

5 0

3 years ago