Answer:
Reconciled balance for both bank and cheque book statement is $2,572.51
Explanation:
To find the reconciled balance, we start of with reconciling the bank statement with cheque book statement
Bank statement
Balance as per bank statement
$2009.32
Add: deposits in transits
$1,197.87
Less: outstanding checks
($310.18 + $324.50)
Reconciled balance
$2,572.51
Cheque book
Balance as per cheque book
$2,469.31
Add: interest earned
$109.20
Less: service charge
($6)
Reconciled balance
$2,572.51.
When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as bootstrapping.
<h3>What is bootstrapping?</h3>
Bootstrapping is a word used in business to describe the process of starting and growing a firm utilizing solely available resources, such as personal funds, personal computing equipment, and garage space.
Learn more about bootstrapping here:
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Answer:
contractual vertical marketing system
Explanation:
In the supply chain management system there is this Contractual Vertical Marketing System under which there is this vertical relationship of marketing in between two positions of the supply chain.
Here also the Walmart is the one which shall supply goods at the last to consumers and that the company P&G shall supply goods to Walmart. This is the chain. Now this is a vertical chain, as from producer to seller to consumer.
And since it is a marketing chain with contractual clauses which include all the penalties also.
The answer to the question above is Re-sellers. not to mention the question above stating that a firm sells goods that is purchased for a re-sale automatically refers to the Re-sellers. The Re-sellers can be a retailer that sells to the end users or sells to other business firms like the whole seller. basically the term Re-seller is a firm that who buys product lesser in the market and sells it with added value.
Answer:
A letter by Secretary of State John C. Calhoun to President Tyler linked the idea of absorbing Texas directly to the goal of strengthening slavery in the United States.
Prospective presidential candidates, Henry Clay and Martin Van Buren, met and agreed to reject the immediate annexation of Texas on the grounds it might lead to war with Mexico.
Explanation:
