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3 years ago

कास्थानीय प्रविधि भनेको के हो ?

Business

1 answer:

stich3 [128]3 years ago

3 0

Answer:

टेक्नोलोजी जुन व्यक्ति तिनीहरूको दैनिक जीवनमा सहयोग पुर्‍याउँछन्

Explanation:

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A corporation deposits $20 million in a money market account for 1 year. What will be the differ- ence in the total amount accum

Ilya [14]

Answer:

Simple Interest=P*r*n= $20 million * 0.18 * 1= $3.6 million

Therefore amount accumulated= $20 million + $3.6 million = $23.6 million

Amount accumulated through Compound Interest=P×(1+r) ^t

= $20 million( 1+0.18/12)^12= $23.912 million

Explanation:

Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period.

3 0

3 years ago

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: C

12345 [234]

Answer:

$4,400

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

The adjusted cash balance is the balance after all the transactions omitted from the cash balance have been considered.

Deposits in transit at month-end $ 1,900 - No adjustments required

Outstanding checks at month-end $ 570 - No adjustment required

Bank service charges $ 30 - To be deducted

EFT automatically deducted monthly, not yet recorded by Maxi $ 480 - To be deducted

An NSF check returned on a customer account $ 315 - To be deducted

Adjusted cash balance = $5,225 - $30 -$480 - $315

=$4400

3 0

3 years ago

Nathan Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CEO Con

yarga [219]

Answer:

Ending cash balance is -$41,000.

Explanation:

This can be prepared as follows:

Nathan Herrmann

Cash Flow Statement

for the year ended ...

Details $ $

Net income 69,000

Adjustment to reconcile net income

Depreciation expense 13,000

Loss on sale of land 12,000

(Increase) decrease in current assets

Increase in inventory (35,000)

Increase in prepaid rent (7,500)

Increase in accounts receivable (47,000)

Increase (decrease) in current liabilities:

Increase in accounts payable 15,000

Net cash from operating activities 19,500

Cash flows from investing activities:

Cash received from the sale of land 7,500

Purchase of equipment (229,000)

Net cash flows from Investing activities (221,500)

Cash flows from financing activities: 

Payment of dividends (31,000)

Repayment of notes payable (49,000)

Issuance of common stock 241,000

Net cash from financing activities 161,000

Increase / (Decrease) in cash (41,000)

Beginning cash balance -

Ending cash balance  (41,000) 

7 0

3 years ago

As a babysitter, what are three things you should consider from a business perspective?

natta225 [31]

Answer:

Explanation:

Reliability. You want a sitter who respects the babysitting job – and your time enough to show up on time, preparedness. Good sitters come to work with ideas on what to do while they're with your kids, such as games, crafts or other activities, Experience, Ability to take charge

6 0

3 years ago

Read 2 more answers

PLEASE HELP AND QUICKLY!! Why is doing timely reconciliations a key part of internal control activities

daser333 [38]

D and

Definition:

Reconciliation is the process of comparing transactions and activity to supporting documentation. Further, reconciliation involves resolving any discrepancies that may have been discovered.

Purpose:

The process of reconciliation ensures the accuracy and validity of financial information. Also, a proper reconciliation process ensures that unauthorized changes have not occurred to transactions during processing

3 0

3 years ago

कास्थानीय प्रविधि भनेको के हो ?​

कास्थानीय प्रविधि भनेको के हो ?