Answer:
Adjusted bank and book balance is $25,960 and $25,960 respectively
Explanation:
Bank statement balance Book balance
Opening balance 26,960 26,620
Add: <em>Deposit in transit Interest earned </em>
3,000 150
Less: <em>Outstanding check</em> <em>Error on check </em>
4,000 (4,900 -4,090) = 810
Adjusted Balance $25,960 $25,960
Answer:
The contract was voidable at her option.
Explanation:
The contract was voidable at her option, this is voidable as well as she have a prove that really shows that she was really intoxicated when the Charlotte a diamond necklace worth thousands of dollars for just $100 was sold and the terms and conditions want understood by her at that time. Then with that Charlotte can return of her necklace.
Answer:
D. PPO
Explanation:
PPO is an acronym for the preferred provider organization. PPO is one of the insurance health plans and is most popular among the family and individual markets. Under the PPO plans, the insurance company provides the insured with a long list containing doctors and hospitals to seek care. The list is the provider's preferred network, where patients should go for services.
A member of a PPO plan is encouraged to use the insurer network of preferred doctors. Members do not require a primary care physician's referral to see any specialist in the preferred doctors' network.
Answer:
B. False
Explanation:
a) Data and Calculations:
The gross income from rent = $7,000
Rental expenses = $4,900
Net income from rent = $2,100
b) Rental expenses are business expenses. They are not part of itemized deductions. They are usually subtracted before arriving at the adjusted gross income (AGI) from which itemized deductions are then made. Therefore, there is no requirement to itemize the rental expenses.
Answer:
Excluded when calculating GDP because they do not reflect current production.
Explanation:
Transfer payments such as medicare, social security, medicaid, unemployment benefits, and other welfare programs are not calculated in GDP because they do not represent government purchases of goods and services, or in other words, they do not reflect goods and services currently produced and purchased.
They are instead, resources that the government takes either in the form of taxes, debt, or money supply, and allocates, or transfers, to specific recipients.
