1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrei [34K]
3 years ago
7

Jansen Company’s general ledger showed a checking account balance of $25,120 at the end of May 2021. The May 31 cash receipts of

$2,470, included in the general ledger balance, were placed in the night depository at the bank on May 31 and were processed by the bank on June 1. The bank statement dated May 31, 2021, showed bank service charges of $51. All checks written by the company had been processed by the bank by May 31 and were listed on the bank statement except for checks totaling $2,020.
Required:
Prepare a bank reconciliation as of May 31, 2013.
Business
1 answer:
Alexxandr [17]3 years ago
5 0

Answer:

$2,000

Explanation:

Use the format

Jansen Company’s

Bank reconciliation as of May 31, 2013.

Balance as per Bank Statement

Add Outstanding Checks

Less Unpresented Checks

Balance as per Cash Book

You might be interested in
You found that you should stock and sell 50 or 400 cans of beans per week in order to break even. In part (g) you are asked what
zubka84 [21]

Answer:

Option C is correct P(q) = -0.005q^{2}  + 2.25q - 100  

Explanation:

Profit P(q) = R(q) – C(q)

Profit = Revenue – Cost

So,  

P(q) = -0.005q^{2}  + 2.5q - 100 – 0.25q

P(q) = -0.005q^{2}  + 2.25q - 100  

In order to find break even, you should plug 50 and 400 into the formula P(q) = -0.005q^{2}  + 2.25q - 100  

4 0
4 years ago
What is the purpose of Labour Relation Act​
Akimi4 [234]

Answer:

Congress enacted the National Labor Relations Act ("NLRA") in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses and the U.S. economy.

Explanation:

research

5 0
2 years ago
You need to know something about the hierarchy and culture of the company in order to understand how a specific business firm us
kherson [118]

Answer:

TRUE

Explanation:

You need to know something about the hierarchy and culture of the company in order to understand how a specific business firm uses information systems because generally, information flows upwards in an organisation via the hierarchical structure.

The flow of Information passes through each level of the hierarchy to the top. Then follows the assessment of such received information, and dependent on the outcome of the information assessment, a decision is made.

Also, just like information flows upwards through the hierarchy, so also does decision flow up via the hierarchical structure to the bottom or the point where the decision is to be implemented.

Hence, it is true that  you need the knowledge of an organisation's hierarchy in order to understand the flow of information.

4 0
3 years ago
Read this citation for an informative essay. Davis, Victoria. Joining the Secret Service. Washington, D.C.: Free Print Press, 20
sertanlavr [38]

Answer

This citation is for a book on how to join the Federal Bureau of Investigation

Explanation

A Federal Bureau of Investigation (FBI) special agents work for the federal government and are responsible for conducting investigations according to the federal laws. The special agents are professionals responsible for analyzing a wide range of cases because investigators have skills in specific areas such as crime, accounting or engineering. Joining the secret service requires a person to obtain: a bachelor’s degree, gain work experience, complete the FBI application process, and go through the FBI Academy Training.



6 0
4 years ago
Read 2 more answers
Question Mode Fill in the Blank Question Fill in the blank question. The ABC Company had its highest level of production in May
Strike441 [17]

Answer:

Results are below.

Explanation:

<u>To calculate the fixed cost under the high-low method, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (110,000 - 87,500) / (4,000 - 2,500)

Variable cost per unit= $15

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 110,000 - (15*4,000)

Fixed costs= $50,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 87,500 - (2,500*15)

Fixed costs= $50,000

7 0
3 years ago
Other questions:
  • Which of the following items below would be covered by a standard renters insurance policy?
    11·1 answer
  • What is the primary difference between income and​ wealth? A. Income is earned by​ households; wealth is gained by inheritance.
    10·1 answer
  • If you report less than $50,000 in federal payroll tax in a look back period, you must make your tax deposit by what day of the
    13·1 answer
  • Which of the following establishments would be considered “on premise”
    7·1 answer
  • The GATT was A. an International Monetary Fund agency with trade oversight. B. an international treaty governing trade. C. a col
    6·2 answers
  • The following costs were incurred in May: Direct materials $ 39,700 Direct labor $ 23,200 Manufacturing overhead $ 24,000 Sellin
    5·1 answer
  • Suppose that a worker in cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in oatland can
    14·1 answer
  • How did bosses and political machines control city governments?
    15·1 answer
  • Why is katherine johnson an icon
    8·1 answer
  • In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design sc
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!