The bank statement reveals an eft payment made to one of the company's suppliers that have not yet been recorded in the journal. This information is included on the bank reconciliation as a deduction on the book side.
An EFT payment is a digital transfer of cash from one bank account to any other, which means there is no need for direct intervention through the financial institution body of workers. EFT payments can be accomplished among any two bills, whether or not they're primarily based on equal monetary organization or now not.
Your EFT payment may take everywhere from one to 4 days. some digital budget transfers are despatched and received on an identical day (e.g., twine transfers). EFT bills are generally the best manner on enterprise days. And, there are probably certain cut-off times.
The primary distinction between EFT and ACH bills is that EFT is an umbrella term for all virtual payments, while ACH is only a particular kind of virtual fee. but they're each digital payments, and in reality, ACH is a form of EFT price.
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Answer:
Scarcity: In short supply of
Choice: Making a decision
Opportunity Cost: The loss of one aspect of a decision with the benefit of another
Efficiency: Being efficient and accurate as well as reliable
Inefficiency: Not being effective and wasting resources or time
<span>The origin of the word integer dates back to the early 16th century. Back then, the word was used as an adjective meaning 'entire' or 'whole'. However, the word is composed of two Latin words 'in-' (expressing negation) and the root of 'tangere' (to touch) which were used separately ages before it came together we know it today.</span>
Answer:
cost of laptop = $1,800
cost of desktop = $2,100
Explanation:
From the question above, we can see that the laptop costs $300 less than the desktop, therefore, we say:
let x represent the cost of the laptop
;
then x+300 will be the cost of the desktop
.
We can also see that the total finance charge of $252 is equal to 7% of the cost of the laptop and 6% of the cost of the desktop, we solve as follows:
252 = 0.07(x) + 0.06(x + 300)
252 = 0.07x + 0.06x + 18
252 - 18 = 0.13x
234 = 0.13x
x = 234/0.13
x = 1,800
Recall that:
cost of desktop = x + 300
therefore:
1,800 + 300 = 2,100.
cost of laptop = $1,800
cost of desktop = $2,100
Answer:
Education and communication
Explanation:
Education and Communication is the method to be used. Communicating the reasons behind a change can reduce employee resistance on two levels.
First, it prevents misinformation and poor communication: If employees receive the full facts and clear up misunderstandings, resistance should subside.
Second, communication can help portray the need for change by packaging it properly.