Answer:
Adjusted Balance 31,671
Explanation:
<em>CASH </em>
Balance 25,497
Service Charge -11
Collection in firm behalf 7,000
NSF -805
accounting mistake -10
Adjusted Balance 31,671
<em>BANK </em>
Balance 26,808
Outstanding Check -3,269
Deposit in transit 8,132
Adjusted Balance 31,671
The goal of the reconciliation is to make up for the unknow information for each party. The bank and the firm We are goin to make jounral entries for all the infoamrition which is unknow to the firm until the bank statement is received.
Answer:
The yearly annual interest expense would be $139.08
Explanation:
As per the question total advance amounted to $1,859 including the recent cash advance of $500. However, you intend to make payment of $700. Therefore, total advance stands at $1,159 ($1,859-$700) and 12% APR will be applied on the same amount i.e $1,159*12% = $139.08
Answer:
1. Required tabulation is the Shares Authorized, the Shares Issued and the Shares Outstanding
Shares Authorized = 290,000 shares
Shares Issued
= Total Cash Collected / Price per share
= 2,170,000 / 14
= 155,000 shares
Shares Outstanding
= Shares Issued - Treasury stock
= 155,000 - 5,000
= 150,000 shares
2. Additional paid in capital account
= Gain (loss) above par
Par value is $10 and Stock was sold for $14
= (14 - 10 ) * 155,000
= $620,000
3. Earnings per share
= Net Income/ Shares outstanding
= 297,000/150,000
= $1.98
Answer:
Option D, PROUD TRADITIONALISTS.
Explanation:
Environmental activism refers to the coming together of various group of individuals and organizations that work in collaboration in social, scientific, political, and conservational fields with the main purpose of addressing environmental concerns.
Proud traditionalists: have their environmental efforts focused on keeping home running efficiently and effectively. They are focused on family and hardwork and are moderately environmentally conscious.
Heather and Jeff are concerned about the environment because of the high cost of heating their home in winter therefore, the environmental activism segment that best describes Heather and her family is PROUD TRADITIONALISTS.
