Which of the following is NOT a repayment plan option? What is the answer

At the beginning of january of the current year, little mikey's catering ledger reflected a normal balance of $52,000 for accoun

ira [324]

<span>The accounts receivable balance should be $44,700 which is calculated by starting with the current balance of $52,000, subtracting the $14,800 in collections (which lowers the balance), adding the $12,500 of additional debt (which raises the balance), then finally subtracting $5,000 for the money collected on a future debt.</span>

4 0

3 years ago

A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t

Katarina [22]

The impact would be that the average size of the inventory will increase.

If the manager has decided to double the production batch size then the average size of the inventory will also increase.

<h3>What is an inventory? </h3>

In general terms an inventory refers to all the goods, items, products, which are a part of the business organization.
For different industries the inventories have different meanings.
Manufacturing industry: the inventory is not only the finished or the final product but also the raw materials are included.
Service industry: the inventory of the service industry includes the steps involved in the sales of the product.
Raw materials, finished goods, work that is in process etc.. all of this is inventory.
Inventory is an important asset for all businesses and it is important to understand the meaning of it.

To learn more about inventory visit: brainly.com/question/14179825?

#SPJ4

6 0

2 years ago

On July 31, 2017, Crane Company had a cash balance per books of $6,355.00. The statement from Dakota State Bank on that date sho

Ivan

Question Completion:

Prepare a bank reconciliation statement as of July 31, 2017.

Answer:

<h3>Crane Company</h3>

Bank Reconciliation Statement as of July 31, 2017

Balance as per bank statement $7,905.80

Add Uncredited deposits 1,309.30

Less Checks outstanding 1,979.10

Balance as per adjusted cash book $7,236.00

Explanation:

a) Data and Analysis:

July 31, 2017:

Cash balance per books of $6,355.00

Bank statement balance = $7,905.80

Reconciling items:

1. Bank service charge$19.00

2. Direct EFT receipt $1,630.00

3. Uncredited deposits $1,309.30

4. Understated check No. 2480 $45

5. Checks outstanding $1,979.10

6. NSF charge of $685.00 (W. Krueger)

Cash Book Adjustment as of July 31, 2017

Balance as per cash book $6,355.00

add: Direct EFT receipt 1,630.00

less: Bank service charge 19.00

Understated check No. 2480 45.00

NSF charge 685.00

Adjusted Cash Book balance $7,236.00

3 0

3 years ago

You should try to get the lowest interest rate possible in which situation

Bumek [7]

Answer:

B. you are borrowing money from another person

Explanation:

rest is you giving money to others which if you could youd want higher interest rates for

3 0

3 years ago

What is the chronological order of the material cost flows through the subsidiary records? a. Materials Ledger Card, Receiving R

RoseWind [281]

Answer:

The correct order is option B.

Explanation:

As the order is in which the items are in the process of the subsidiary is given as by option B.

Option A is not true as the step of receiving report is not at the start of the process.

Option C is not true, because all the steps are not included.

Option D is not true as well because all the steps are not included.

5 0

3 years ago