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Ahat [919]
3 years ago
9

A company set up a petty cash fund with $800. The disbursements are as follows:

Business
1 answer:
kkurt [141]3 years ago
3 0

Answer:

The correct option is B,cash at bank.

Explanation:

In creating the fund,cash of $800 needs to made available to the petty cash account.

In order to achieve this,the cash is moved from the cash at bank to petty cash which effectively means that the cash at bank the giving account should be credited while the receiving account,the petty cash account is debited.

Option B is correct since it is the account meant to be credited in order that the petty cash fund account can be created

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Which of the following is not a goal of federal economic policy? full employment growth a high savings rate Keynesian economics
Ivan

Answer:

high savings rate

Explanation:

High savings rate is not a goal of federal economic policy. The goal of federal economic policy is to achieve full employment, economic growth and stable prices.

However 'high savings rate' is achieved when interest rates are increased in order to fight inflation and achieve 'stable prices' because people keep their money in the banks to take advantage of the benefit of earning interest BUT this is not always the case because 'higher interest rates' works against full employment by making it too costly for firms to borrow for investments which will definitely create jobs.

5 0
3 years ago
Complete the right half of the following equation to reflect the labor force participation rate reported by the BLS.
geniusboy [140]

Answer:

B. 60%

Explanation:

Labor force participation rate = Number in labor force/Adult population*100

=3/5*100 = 60%

3 0
3 years ago
If new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would:_____.
Serjik [45]

If new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would decrease the demand of the soft-drink beverages.

Given that new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup.

We are required to find the effect of 50% tax on soft-drink beverages that contain sugar or high-fructose corn syrup.

When 50% tax is imposed on soft-drink beverages then it will increase the price of soft drink beverages, which will decrease the demand of soft drink beverages because now the drink become costly for the customers to buy.

Suppose the initial price of 1 soft drink is $100.

Now tax is applied so tax would be 100*50%=50

Price after tax=100+50

=$150

Now consumers have to pay $150 for 1 drink in place of $100.

Hence if new york city imposed a 50 percent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would decrease the demand of the soft-drink beverages.

Learn more about tax at brainly.com/question/25783927

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7 0
2 years ago
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a
Natali5045456 [20]

Answer:

Adjusted Balance      31,671

Explanation:

<em>CASH </em>

Balance                       25,497

Service Charge               -11

Collection in firm behalf 7,000

NSF                           -805

accounting mistake       -10

Adjusted Balance          31,671

<em>BANK </em>

Balance                   26,808

Outstanding Check   -3,269

Deposit in transit       8,132

Adjusted Balance      31,671

The goal of the reconciliation is to make up for the unknow information for each party. The bank and the firm We are goin to make jounral entries for all the infoamrition which is unknow to the firm until the bank statement is received.

8 0
3 years ago
Which of the following would be considered an abiotic factor in an ecosystem? ant, moss,stone, tree
tankabanditka [31]
Stone or tree 
should be right
7 0
3 years ago
Read 2 more answers
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