Answer:
<u>True.</u>
Explanation:
This statement is true. In Kenya there is a system called M-PESA, which can be defined as a more developed payment system worldwide, this system acts as a tool that allows payments and purchases to be made via cell phone.
This system revolutionized the lives of the citizens of that region, due to the ease of being able to carry out commercial transactions and manage their money without needing a bank.
The answer: is E
Explain: hope this helps
If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794, this error be treated on the bank reconciliation--- Subtract $45 from the book balance.
What is bank reconciliation?
Bank Reconciliation is an important process in accounting in which organizations match their bank statements with the transactions that are recorded in their general ledger. Preparing a bank reconciliation statement helps businesses to eliminate possible errors in transactions or bookkeeping
What is the journal entry for bank reconciliation?
The journal entries for the bank fees would debit Bank Service Charges and credit Cash. The journal entry for a customer's check that was returned due to insufficient funds will debit Accounts Receivable and will credit Cash.
Learn more about bank reconciliation :
brainly.com/question/15525383
#SPJ4
Answer:
$311 unfavorable
Explanation:
The computation of the spending variance is shown below:
= Actual supplies cost - flexible supplies cost
where
Actual supplies cost is $11,700
And, the flexible supplies cost would be
= Actual level of activity × price per frame + supplies cost per month
= 607 frames ×$17 + $1,070
= $10,319 + $1,070
= $11,389
Now put these values to the above formula
So, the value would equal to
= $11,700 - $11,389
= $311 unfavorable
Answer:
Environmental trend
Explanation:
<em>An environmental trend is the influence of the combination of internal and external factors (environment) over the business' operating system.</em> These factors can be clients, suppliers, competition, market, law, technology, etc. In the question given the factor that is influencing are the clients (seniors).
I hope you find this information useful and interesting! Good luck!
