Answer:
Reconciled balance for both bank and cheque book statement is $2,572.51
Explanation:
To find the reconciled balance, we start of with reconciling the bank statement with cheque book statement
Bank statement
Balance as per bank statement
$2009.32
Add: deposits in transits
$1,197.87
Less: outstanding checks
($310.18 + $324.50)
Reconciled balance
$2,572.51
Cheque book
Balance as per cheque book
$2,469.31
Add: interest earned
$109.20
Less: service charge
($6)
Reconciled balance
$2,572.51.
Answer:
The statement is: False.
Explanation:
Life Insurance is a financial contract that protects an individual's dependents in the case of his or her death. In life, the policy holder makes payments on a regular basis -typically monthly- to be covered and selects who the beneficiaries will be if he or she passes away. The beneficiaries receive a lump sum of payment only in front of that event.
Answer:
$22,000
Explanation:
Given that
1st house rented = 10,000
2nd house estimated rent = 12,000
Therefore,
The two houses would contribute
= 10,000 + 12000
= $22,000
Note: Rent is considered as consumption and as a result, rent is added into the GDP. Also, in GDP estimation, imputed rent which is the amount a house owner is willing to rent a house away for if he decides to is calculated as part of the GDP.
Answer:
Housing - $1080
Transportation $720
Food - $ 540
Insurance- $252
Savings- $360
Other - $648
Explanation:
The total money earned by both Barry and Cheri is $3,500 + $ 100 = $3600
Housing 30% ____0.3 * 3600_____ = 1080
Transportation 20% ___0.2 * 3600______= 720
Food 15% _____0.15 * 3600____= 540
Insurance 07% ___0.07* 3600______= 252
Savings 10% ___0.1* 3600______= 360
Other 18% ____0.18 * 3600_____ = 648
Kyiv, the manager of an accounting department, helps his CFO in framing the financial policies of his company. in this scenario, Kyiv is carrying out the leadership role of a(n) strategy developer.
The definition of a manager is someone who is responsible for overseeing and motivating employees and directing the progress of an organization. Examples of managers include those responsible for customer service, handling customer disputes, and supervising and monitoring customer service representatives.
A good manager can lead a team and help it grow while maintaining complete control over the business and its performance. These people are the ones who can always adapt to new situations, encourage others to reach their full potential, and achieve their highest goals. A manager is an organizational representative who is responsible for managing the work of a group of employees and taking necessary actions when necessary.
Learn more about managers here
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