Answer:
Question 1
B. $41,910
Question 2
C. Debit to interest receivable for $90
Explanation:
Question 1
Calculation for the adjusted cash balance
Using this formula
Adjusted cash balance = Cash balance per books +Deposits in transit - Outstanding checks
Let plug in the formula
Adjusted cash balance= $43,860+$16,800-$18,750
Adjusted cash balance= $41,910
Therefore Adjusted cash balance is $41,910
Question 2
Based on the information given The Appropriate journal entry to record accrued interest at the end of its fiscal year on December 31, 2019 will include a:
Debit to interest receivable for $90 which is calculated as:
Interest receivable=[(6%*$18,000*90days/360)/3]
Interest receivable=$270/3
Interest receivable=$90
Answer:
help create efficient markets and lower the cost of doing business. Intermediaries can provide leasing or factoring
Explanation:
There are standards for payroll that are government mandated, including very strict control procedures, and with the transactions occurring very frequently<span>, it causes payroll processing to be repetitive. Many companies find it cost-effective to outsource the process for payroll reports and paychecks. Hope this helps:)</span>
Answer:
Semi strong form of market efficiency
Explanation:
Semi strong form of market efficiency holds the belief that security prices quickly adjust to reflect new information as it has accommodated public and available and private market information , as a result of which the need for deeper analysis of stock before investment might not be required.
As it is already known that a green suit on the CFO signifies a potential positive information about the company, making use of this private information towards investment is in line with the Semi strong form of market efficiency .
Answer:
Try True, True, False, and guess on the last one I'm sorry if you get this wrong
Explanation: