Answer:
Credit to cash for 250
Explanation:
As in the question it is given that the customer is paid for $250 for purchase made in the first week of January.
And, in the bank statement it is shown that it was a NSF check.
Now the adjusting the company cash balance for reconciling the item would include a credit for cash for $250 so that the balance should be equaled
Answer:
Explanation:
MTN is a telecommunication company, that establish in various places. Angola and Ethiopia are two new countries MTN they are looking into for establishment and a scan is done for the global environment this is to enable them have an overview of the business environment, the environment have not been penetrated by a telecommunication company hence a scan is needed.
There may be need for more facilitators of telecommunications this can be identified during the scan
Hence, the scan is like a survey that helps point out the need of the environment and it also help them have a structure plan.
Answer:
In its 2017 year-end balance sheet, Reliable would report installment receivables (net) of $13,400.
Explanation:
Under cost recovery method, the amount which is actually received was recorded in the books of the accounts. Rest will not be considered.
The Installment receivables should be computed by a formula which is shown below:
= 2017 Merchandising costing - 2017 sales collection
= $32,500 - $19,100
= $13,400
Thus, In its 2017 year-end balance sheet, Reliable would report installment receivables (net) of $13,400.
Well yes but not just that when u slow down u mite get a ticket so yea.
