In a commercial bank's t-account, reserves and outstanding loans are recorded as assets.
In economic accounting, "reserve" usually has a credit balance and may talk over with part of shareholders' fairness, a liability for envisioned claims, or contra-asset for uncollectible debts. A reserve can seem in any part of shareholders' fairness besides for contributed or simple proportion capital.
Reserves are a part of income or gain that has been allotted for a selected reason. Reserves are usually installed to shop for fixed property, pay bonuses, pay an anticipated prison settlement, pay for upkeep & protection and pay off debt.
Reserves – additionally called retained income – are portions of a commercial enterprise's profits that have been set aside to strengthen the enterprise's economic function.
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Answer:
d) pathogens are reduced and illness is prevented.
Explanation:
It is important to cook food to high enough temperatures so that pathogens are reduced and illness is prevented. Pathogens are organisms such as virus, fungi, bacteria, protozoa, worms that causes diseases to its host.
These pathogens are usually destroyed by heat, so it's necessary and important to properly cook food to a high temperature by grilling, boiling, frying, roasting and baking.
Furthermore, a hot-holding unit can be used to store food in order to reduce pathogens.
Answer:
$340,000
Explanation:
Revenue target for September is $30,000 larger than its revenue target for June, since there are 3 months between June and September, its revenue target grew by $10,000 each month (= $30,000 / 3).
If the company's revenue target is $310,000 for December, and it continues to grow at the same rate, t will be $320,000 for January, $330,000 for February and finally $340,000 for March.
Answer:
(A) The standard price per pound of this material is $87.11
(B) The standard pounds of this material per unit of product A is 1.01 pounds
Explanation:
According to the given data, in order to calculate the standard price per pound of this material, we would have to use the following formula:
Standard Price per pound of this material=Purchase Price Per Pound + Shipping Cost per pound
+Receiving Cost
=$80.00+$6.66+$0.45
=$87.11
In order to calculate the standard pounds of this material per unit of product A, we would have to use the following formula:
Standard pounds of this material per unit of Product A=Pounds of material required by Product A
+Allowance for waste and spoilage
=0.96+0.05
=1.01 pounds
The medical administrative assistant is responsible for managing the front desk operations of a medical facility ( s hospital, a physician's office...). The job of a medical administrative assistant includes: communicating with patients, scheduling appointments, accounting and billing, filing insurance claims, maintaining records.<span> For a future medical administrative assistant it is important to understand of basic accounting and banking procedures because his/her job will require </span>handle billing and light bookkeeping.
