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Gre4nikov [31]
3 years ago
12

Discuss the reasons due to which cash book and passbook balances may not match. Is there a method to address the issues related

to these differences other than preparing a bank reconciliation statement?
Business
1 answer:
Phantasy [73]3 years ago
8 0

In a cashbook, all cash transactions or kept inside

In a passbook, in the other hand, all deposits & withdrawals are kept inside.

The difference is that one only focuses on cash, while the other can focus on cash, check, etc. A way to address the issue is to just use one book, which contains every single statement.

hope this helps

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An invoice is an example of which of the following?
Scilla [17]

A source document

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3 years ago
What factors contribute to commerce
Burka [1]

Different factors contribute to commerce including the export and import of a country, their ease of doing business  and their own situation in the market.

Explanation:

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This is hampered by laws and the import and export tariffs of a country. The more inviting these are the more commerce happens in a place.

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3 years ago
How do businesses help a country's economy
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It provides the added necessities we need.
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Barnegat Light sold 100,000 shares in an initial public offering. The underwriter's explicit fees were $50,000. The offering pri
Rom4ik [11]

The best estimate of the total cost to Barnegat Light of the equity issue will be $1,050,000.

In addition to the explicit fees of $50,000, we should also take into account the implicit cost incurred to Barnegat Light from the underpricing in the IPO. The underpricing is $10 per share, implying total costs of $1,000,000.

Calculation for What is the best estimate of the total cost to Barnegat Light of the equity issue-:

Total cost = $50,000 + ($30 - $20)1,000,000 shares

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Total cost =$1,050,000

Therefore the best estimate of the total cost to Barnegat Light of the equity issue will be $1,050,000.

Learn more about Initial Public Offering (IPO)on:

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5 0
2 years ago
3 investment theories
lara31 [8.8K]
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those are the answers you are looking for
3 0
3 years ago
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