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Gre4nikov [31]
4 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]4 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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Bezzdna [24]
Yes so good indeed queen keep it up
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3 years ago
When determining the markup to be used in a cost-plus pricing formula, many companies base the markup on a target: return on inv
Grace [21]

Answer:

return on investment

Explanation:

At the time of calculating the markup that used for the formula of cost plus pricing many companies would base the markup on the target return on investment as the return on investment considered the net operating income as it takes after considering all the other type of cost

Therefore as per the given situation the first option is correct

6 0
3 years ago
_____ help individuals understand their roles in an organization, especially in times of crisis.​ Group of answer choices ​Verti
Vera_Pavlovna [14]

Answer:

<u>Vertical Linkages </u>

Explanation:

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Vertical linkage refers to the chain of command and assignment of responsibilities by top level management, vertically downwards to the lower level or operational level management.

Such a chain serves as a mode of communication and as means coordination within an organization.

Activities are performed and tasks are executed by the lower level management, which are consistent and in alignment with the top level management goals. The employees at lower level update their progress to the top level w.r.t the extent goals and targets have been met.

An organization may create such linkages via rules of hierarchy, creation of levels or establishment of formal system of management.

So during adverse times, such a linkage helps since, everybody is aware in advance what they are supposed to do and there is no ambiguity.

7 0
3 years ago
Mirr, Inc. was incorporated on January 1, 2010, with proceeds from the issuance of $750,000 in stock and borrowed funds of $110,
murzikaleks [220]

Answer:  the correct answer is $ 885,000

Explanation:

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Assets= Liabilities + Patrimony or owner's equity

$860,000 = $110,000+ $750,000

In the first year liabilities grew to $120,000 and patrimony increased to $765,000 which is $750,000 beginning balance + $18,000 ($82,000 revenues - $64,000 expenses) - $ 3,000 declared dividends.

So for December 31, 2010 the assets should be

$885,000 = $120,000 + $ 765,000.

4 0
3 years ago
The​ ______ act is a federal law that was passed in response to corporate accounting scandals involving prominent​ corporations,
dedylja [7]
Sarbanes - Oxley


Good luck! (:
5 0
3 years ago
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