Answer:
Explanation:
Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.
There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.
The preparation of the bank reconciliation statement on May 31 is presented in the spreadsheet. Kindly find the attachment below:
Answer:
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Answer:
A revenue model
Explanation:
A revenue model is a business organizational framework and strategy for balancing a business expenditure and income generation per revenue stream outlined by the business by identification of the veritable revenue sources, the structure of the pricing for the access to the value derived from the revenue source, as well as how customers are to pay for the value of the services of the revenue source
In essence, a revenue model maps value to buyers of a given valuable product.
Answer:
True
Explanation:
The above statement that, government regulations are intended to protect consumers , companies , and societal interests <em>is true .</em>
It is the duty of the government t protect the rights of the consumer , companies and society.
The government regulation is necessary to protect and save the public . It prevent the people to go on wrong path . The government has made many laws for the people in different area , like if any company provide adulterated goods to the people then people have the right to file case against that company or that product. The government also made many road safety rules to protect the people like no drink and drive etc.
The government also make companies to follow the right path and not to do any unfair practices . The government made company to follow ethics , do some social well fare.
Answer:
Date Details Debit Credit
December 31, Employee benefits expense $41,150
Medical insurance payable $31,500
Employee Retirement program $9,650
payable
Working
= 31,500 + 9,650
= $41,150
