Answer:
b. Deducted from the balance per the depositor's records
Explanation:
As while preparing the bank reconciliation statements, there are the items that are added and deducted in the company book accounts and the bank book accounts
So in the given case, since the NSF check should be deducted from the depositor records or the company records as this derives that the check is returned by the bank but the same is not recorded in the company books so to balance the bank reconciliation statement we deduct it from the company books
Answer:
A) $8,125
Explanation:
Note Slotkin Products uses the double-declining balance method. Under the double-declining balance method depreciation expense is calculated as :
Annual depreciation expense = 2 x SLDP x BVSLDP
where,
SLDP = 100 ÷ Useful life
= 12.5 %
and
BVSLDP = Cost in first year or Book Value for other succeeding years =
therefore,
Annual Depreciation expense = 2 x 12.50 % x $65,000 = $16,250
thus,
Partial depreciation from July 1, 2017 to Dec 31, 2017 - 6 months will be :
Depreciation expense = $16,250 x 6/12 = $8,125
Conclusion :
Depreciation for 2017 is $8,125
Answer:
<u><em></em></u>
- <em>At the end of the first compounding period: </em><u>$1,050.00</u>
- <em>At the end of the second compounding period: </em><u>$1,102.50</u>
Explanation:
<u />
<u>1. First period:</u>
- <em>APR = 10%</em> = 0.1 compounded semi-annually.
- <em>Semi-annually compound interest</em>: 0.1 / 2 = 0.05
- Interest earned at the end of the first period: $1,000 × 0.05 = $50.00
- Amount in the accoun at the end of the first period:
$1,000.00 + $50.00 = $1,050.00
<u>2. Second period</u>
- Amount in the account beginning the second period: $1,050.00
- Semi-annually compound interest: 0.1 / 2 = 0.05
- Interest earned in the second period:
$1,050.00 × 0.05 = $50.00 = $52.50
- Amount in the account at the end of the second period:
$1,050.00 + $52.50 = $1,102.50
Answer:
The answer is C. international trade
Explanation:
International trade is the exchange of goods and services between countries.
Answer:
Compensatory Damages
Explanation:
Based on this scenario it can be said that Donald is entitled to Compensatory Damages. This is a lawsuit that covers the loss that the non-breaching party incurred as a result of the breach of contract. In this scenario, Donald's employer breached the contract by firing Donald before the twelve months. Therefore Donald can sue for compensatory damages which would be the amount of money that he would have made in the rest of the twelve months.
