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Karolina [17]
3 years ago
8

The following data were accumulated for use in reconciling the bank account of Kaycee Sisters Inc. for August 20Y9:

Business
1 answer:
Stels [109]3 years ago
5 0

Answer:

Cash account reconciliation

Balance: $27,060

- Bank charges: ($40)

+ Error in recording check: $360

Reconciled cash account: $27,380

Bank account reconciliation:

Balance: $28,460

+ Deposit in transit: $4,410

- Checks outstasnding: ($5,490)

Reconciled bank account: $27,380

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Security markets provide liquidity:________
Keith_Richards [23]

Answer:

C. by allowing corporations to raise funds by selling new issues and by creating a market in which owners may easily turn an investment into cash through its sale

Explanation:

Naturally, a security market is seen to permit you do more with your actual savings within your saving periods. It is seen to aid over the counter trading which is seen to occur directly between the trader and the broker. In certain cases that can be termed marketable securities, it is seen to occur due to the maturities are seen to tend to be less than one year; and at such, the buyer/broker rates at which they can be bought or sold have little effect on prices.

5 0
2 years ago
Why is it important to know the interest rate on your credit card?
Irina18 [472]
A

When you go into credit (the red) you basically loan money which means that you have to pay a "fine" called interest. so the more you loan and depending on the type of loan, the more interest you will pay.

3 0
3 years ago
You invested $4,500 in a project which gave you a return of 12.5% the 1st year. You were quite happy, but the 2nd year wasn't as
Furkat [3]

Answer:

4.9%

Explanation:

The computation of the annual average rate of return over the three years is shown below:

Given that

Positive return in 1st year is 12.5%

The Negative return in 2nd year is 3.3%

And, the positive return in 3rd year is 5.5%

So, the annual average rate of return is

= (12.5% - 3.3% + 5.5%) ÷ (3 years)

= 4.9%

4 0
3 years ago
In order to prevent discrimination against applicants of protected classes, your colleague decides to note the protected class c
Lelechka [254]

It is not a good idea to note the protected class characteristic of the applicants on their applications in order to prevent discrimination against applicants of protected classes because noting the protected class characteristic of the applicant on the application could be interpreted as discriminatory.

3 0
3 years ago
When performing a job search, which two of the following tips should you employ in regard to the keywords you use? A. Use five o
abruzzese [7]

Answer:

B. Choose narrowed over broad keywords.

D. Use variations of keywords to broaden your results.

Explanation:

When performing a job search, you should employ the following tips in regard to the keywords you use;

Choose narrowed over broad keywords.

Use variations of keywords to broaden your results.

4 0
2 years ago
Read 2 more answers
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