The AFL was an organization

Based on the following information, prepare the bank reconciliation for Cougar Corp. as of December 31. A. On December 31, Couga

True [87]

Answer and Explanation:

The Preparation of bank reconciliation for Cougar Corp. as of December 31 is shown below:-

Cougar Corp.

Bank reconciliation

For the year ended December 31

Particulars Amount

Bank balance Dec 31 $24,575

Add: Deposit in transit $2,500

Less:

Outstanding checks #302 ($180)

Outstanding checks #303 ($95)

Outstanding checks #304 ($25) ($300)

Bank balance adjusted $26,775

Cash balance on 31 Dec $26,504

Add: EFT from customer $1,700

Add: Interest income $21 $1,721

Less: Posting error

($5,400 - $4,500) $900

Less: NSF check $500 $1,400

Book balance adjusted $26,775

Hence, the bank balance and the book balance are matched

8 0

3 years ago

Managers in international businesses will need to evaluate the attractiveness of a country as a market or location for a facilit

Aleks04 [339]

Answer:

1. Absolute size of an economy

e. Gross national income (GNI)

2. Speed of economic growth

f. Economic growth rate

3. How a nation's income is apportioned

a. Income distribution

4. Purchase of essential vs, nonessential goods

c. Private consumption

5. Cost of production

b. Unit labor costs

6. Potential market size

g. Total population

7. Potential market segments

d. Age distribution

Explanation:

Any entity that wishes to exploit foreign markets must of necessity determine the suitability of the country's market and its economy. To achieve this aim, entities engaging in foreign direct investments consider some factors. One of them is the country's attractiveness. A country is attractive or not depending on the following elements, among others: market size, growth of market size, per capita income, population and age distribution, existence and enforcement of contract laws, and political openness. These considerations are important to avoid regrets, including over-exposure to country risks.

7 0

3 years ago

If you own a small business, which of the following helps with your finances?

Montano1993 [528]

Answer:

C. Accountant

7 0

3 years ago

Read 2 more answers

As Shirley responded to a personnel director's concerns about changing to the health-care plan her firm offered, she said, "I ca

erik [133]

Answer:

Reffeal

Explanation:

A letter of reference is an effective method for establishing clear communication with information needed to clarify possible doubts and bring credibility. It should be written in a formal manner, highlighting the strengths of the message to be conveyed beyond clear, accurate and honest language.

5 0

3 years ago

It was the third meeting, but the group had finally agreed on the roles for each member. Cathy felt good about how things were p

Aleksandr-060686 [28]

Answer: norming

Explanation:

The third stage of a group development model is regarded to as the norming stage. The norming stage is the stage whereby members or teammates start appreciating the strengths that are possessed by each other in the team.

At this stage, there is resolution of conflicts and establishment of leadership positions. Here, everyone is happy with their roles.

8 0

3 years ago