Answer:
The correct option here is B) $9,961.
Explanation:
For taking out the adjusted cash balance at June 30 we will subtract the error in ledger amount and debit memo for monthly service charge and add the interest earned from the initial cash balance before any adjustment is made.
INITIAL CASH BALANCE = $10,012
(-) ERROR IN LEDGER = $95 -$59
= $36 ( this is the amount that Almond co's have to
pay more )
(+) INTEREST EARNED = $35
(-) SERVICE CHARGES = $50
ADJUSTED CASH BALANCE = $9961
Answer:
A. Is the process of allocating to expense the cost of a plant asset.
Explanation:
Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.
Depreciation is the process of allocating to expense the cost of a plant asset.
Answer:
1. The size of the economy as a whole grows as a result of free trade.
2. Consumers benefit from free trade.
3. Free trade can reduce cost of trading:
Explanation:
The three strongest arguments that you can offer to the Indian government about why the policy shift to freer trade is desirable for India are as follows:
1. The size of the economy as a whole grows as a result of free trade: It provides for more efficient production of goods and services. This is because it encourages goods and services to be created in areas with the finest natural resources, infrastructure, or skills and experience. It boosts productivity, which can lead to greater long-term wages. There is universal consensus that growing global trade has boosted economic growth in recent decades.
2. Consumers benefit from free trade: By removing barriers and promoting competition, it lowers prices. Quality and choice are likely to improve as a result of increased competition.
3. Free trade can reduce cost of trading: Non-tariff barriers can be reduced, resulting in less red tape and lower trading costs. Companies that deal in multiple nations might reduce their compliance expenses by working with a single set of laws. In principle, this will lower the cost of goods and services.
Hey there!
For salespeople, its all about relationships and conversations and relationships with people. If you're good friends with someone from your consuming company, you can expect to make good sales as they are acquaintances and would want to buy things from people who they can trust.
Therefore, if you can develop friendships and trust with people from the company who would buy from you, they might just accidentally or purposely let you in on secrets from their company that would maximize sales- and that's always the goal of a salesperson.
Hope this helps!
Answer:
Surnum's exchange rate is pegged.
Explanation:
Exchange rate is the rate at which a countrie's currency is exchanged for another. Usually when there is more demand for a countrie's currency it will have more value than other currencies and vice versa.
There are two ways a countrie's currency rate can be controlled in relation to others.
First is by market forces of demand and supply.
Secondly is by pegging the countrie's currency against another and using reserves of the other currency to account for market fluctuations.
In this instance Surnum has pegged it's currency against the dollar, so it will use its dollar reserves to account for fluctuations in order to maintain the pegged exchange rate.
