Answer:
Electronic funds transfer for $9,800 from Terra Cota Cataluna
Effect of Transaction on the June 30 Bank Reconciliation:
Since it had not been recorded in the accounting books, it will make the balance in the bank statement to exceed the cash account balance by $9,800.
Explanation:
This transaction is regarded as direct credit in the bank account. It causes a discrepancy between the bank statement balance and the cash account balance.
In preparing the bank reconciliation statement, if you start with the balance as per the cash account, then will add this to this balance. If it is the only item for reconciliation of the bank statement, it will make the cash account balance to agree with the bank statement balance.
To correct this, a record (journal entry) will be made by debiting the Cash Account and crediting the Accounts Receivable account.
Answer:
tangibles
Explanation:
According to my research on different characteristic terminology, I can say that based on the information provided within the question The Walt Disney Company's dress code reflects the tangibles dimension of service quality. This is because tangibles are the physical things that can be felt and reflect the organization or company.
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Answer:
(a) the error will not affect the equality of the trial balance.
(b) the income statement will show higher earnings.
the statement of owners equity will show higher balance.
the balance sheet will show higher balance of ending owners equity and the liability will show lower balance.
Explanation:
(a) both the credit and debit side of the trial balance is recorded, this will dont affect the equality
(b) since the fees earned will be more by $300,000, hence the income statement will have higher earnings.
the balance sheet would show a higher owners equity balance and show a lower liability balance.
the statement of owners equity will have been recorded a higher net income of $300,000.
Answer:
A and C only above
Explanation:
Under utilization by definition means that something / someone is not being utilized to their full potential. Hence only option A ( the organization should implement plans to correct the underutilization) and C (training or differential recruitment methods might be implemented to correct the underutilization) can solve this problem. Option B would only limit the number of women that are hired. It has nothing to do with the underutilization of the existing manpower.
Answer:
b) net income less preferred dividends by average common stockholders’ equity
Explanation:
Common stock dividends in a company is paid to stockholders after preferred dividends have been removed.
Preference shares are issued to investors with an agreement that they will recieve dividends before other shareholders.
So when calculating return on common stockholder's equity we will first deduct dividend paid to preference share holders.
The income coming to common share holders is now divided by average common stockholders equity to get the return on common stock equity.
Return on equity is usually used as a measure of how efficiently management uses company's assets to generate profits.