1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
love history [14]
2 years ago
12

Item 14If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227, how s

hould this error be treated on the bank reconciliation
Business
1 answer:
ale4655 [162]2 years ago
5 0

Answer:

Reduce the Cash Book Balance by $45

Explanation:

The Cash Book Balance will be  $45 too much  (overstated) and should be reduced. Thus, this error be treated on the bank reconciliation by reducing the Cash Book Balance by $45.

You might be interested in
Television producers hope to "minimize the risk" that a tv show _____. will offend the public will be a copy of something that's
STatiana [176]

The answer is: will not make a lot of money

In business, risk and profit would always go on the same direction. Meaning that A decision that had low risk tend to had lower amount of profit while a decision that had high risk tend to had higher amount of profit as a reward.

Strategy to minimize a risk tend to be done by people or organizations that do not have large reserve of capital and their mind goal is so the business can survive rather than taking as much profit as possible.

5 0
2 years ago
The _______________ Act of 1764 was an attempt to increase taxes by lowering the rate and increasing consumption.
frutty [35]
The answer is the sugar act.
3 0
2 years ago
The country of Baurisia has, until now, been self-sufficient in both grain and meat. However, with growing prosperity in Baurisi
Rina8888 [55]

Answer:<em> Option (D) is correct </em>

Explanation:

To weaken the conclusion, the answer will emphasize on why Baurisia will not soon become an importer of grain.  

Here, in this case if importing meat is cheaper than importing grain, then Baurisia is likely to satisfy the demand for meat by becoming an importer of meat, weakening the conclusion that Baurisia will soon become an importer of grain.  

<em>Therefore , It is more economical for Baurisians to import meat than grain, if true, most seriously weakens the argument.</em>

7 0
3 years ago
Omni Corporation's accumulated depreciation—equipment account increased by $5,300, while $3,400 of patent amortization was recog
dmitriy555 [2]

Answer:

Cashflow from Operating Activities

Net Income                                                                 $120,400

Adjastment for Non-Cash Items

Depreciation                                                                  $5,300

Amortization                                                                   $3,400

Adjastments of Items appearing elsewhere

Loss from the sale of land                                            $4,000

Net Cash flow from operating activities                    $133,100

Explanation:

Net Income is reconciled in the cashflow statement via the indirect method. Its is adjasted for Non-Cash Items, Items appearing elsewhere in the cashflow statement and Working Capital Movements

8 0
2 years ago
Alice, Amber, and Andi make and sell pottery. Alice is willing to sell a 5 inch pot for $35, Amber is willing to sell a 5 inch p
SIZIF [17.4K]

Answer:

The answers are:

1. combined producer surplus = $69

2. Alice and Amber (b)

Explanation:

A producer surplus is the difference between how much a producer sells a product in the market, and how much he is willing to sell the product for, if the market price is higher than the price he was willing to sell the product for.

The combined producer surplus of the ladies is the sum of their individual producer surpluses, and it is calculated as follows;

Alice: willing price = $35, market price = $70, therefore surplus

= 70 - 35 = $35

Amber: willing price = $38, market price = $70, ∴ surplus = 70 - 38 = $32

Andy: willing price = $68, market price = $70, ∴ surplus = 70 - 68 = $2

Combined producer surplus = 35 + 32 + 2 = $69

b. In this case the price of the 5 inch pot in the market is $45, Alice and Amber will sell their pots because the price in the market exceeds their willing price of $35 and $38 respectively and they will make producer surpluses of $10 and $7 respectively, but Andi on the other hand will not sell her pot because if she does, she will make a loss, as her willing price is $68 and the market price is $45, if she goes ahead to sell she will incur a loss of $23.

3 0
3 years ago
Other questions:
  • How much interest will Dorothy earn on $200 deposited in an account that pays 5 3/4% interest annually if she leaves the money i
    6·1 answer
  • Only very large businesses can become corporations.<br> A. true<br> B. false
    6·1 answer
  • Which of the following tests can be used to detect register disbursement schemes?
    5·1 answer
  • What are the three workplace violence prevention strategies covered in this module? A. Employer and employee involvement, remain
    7·1 answer
  • Process capability A. exists only in​ theory; it cannot be measured. B. is assured when the process is statistically in control.
    8·1 answer
  • Equilibrium in financial markets occurs at an interest rate where the quantity of loanable funds demanded is
    13·1 answer
  • How can students experience "free rider" problems at school?
    11·2 answers
  • Sara works at a printing company. She and her colleagues have to stagger
    10·2 answers
  • In the sale of a business, if the requirements of the Uniform Commercial Code are not
    14·1 answer
  • A prospective employer reviews an applicant's work history and personal references. In
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!