3 years ago

For every A you earn on your report card, your grandma gives you a twenty dollar bill. This is an example of

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1 answer:

never [62]3 years ago

8 0

Answer:

a positive incentive I think

Explanation:

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For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a

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Answer:

The correct answer is:

a) Unrecorded deposits : bank addition

b) Interest on cash balance : book addition

c) Bank service charges : book subtraction

d) Debit memos : book subtraction

e) Outstanding Checks : bank subraction

f) Credit memos : book addition

g) NSF checks : book subtraction

Do unrecorded deposits require an adjusting journal entry? No

Does interest on cash balance require an adjusting journal entry? Yes

Do bank service charges require an adjusting journal entry? Yes

Do debit memos require an adjusting journal entry? Yes

Do outstanding checks require an adjusting journal entry? No

Do credit memos require an adjusting journal entry? Yes

Do NSF checks require an adjusting journal entry? Yes

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when an account holder uses a debit card to pay for a purchase at the point of sale, a. money is immediately taken out of the ch

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Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the

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Solution :

a).

Estimated overhead 1,250,000

Divide by the estimated machine hours 50,000

Predetermined overhead rate 25

Actual machine hours 54,300

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The factory overhead amount applied $ 1,357,500

b).

Actual factory overhead 1,348,800

Less : factory overhead amount applied 1,357,500

The underapplied amount is $ 8700

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