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FinnZ [79.3K]
3 years ago
7

If a check correctly written and paid by the bank for $646 is incorrectly recorded on the company's books for $664, the appropri

ate treatment on the bank reconciliation would be to deduct $646 from the book's balance. deduct $18 from the bank's balance. subtract $18 from the book's balance. add $18 to the book's balance.
Business
1 answer:
sergeinik [125]3 years ago
4 0

Answer:

See below

Explanation:

Bank reconciliation occurs basically when there is a difference between the bank statement balance and cash. With regards to the above, the error should be treated thus in the bank reconciliation.

Since the check written and paid by the bank is $646, while it is written in the company's book as $664 , then a book balance of $18 is added which is the difference between $664 and $646

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Answer:

False

Explanation:

Among the various reasons, Japan is a high country saving rate relative to investment that cause a significant trade surplus. A higher saving rate generally corresponds to trade surplus. Japan socio-political and economical conditions reveals that people have a high propensity to save. Many reason like high life expectancy rate, underdeveloped social security and tax incentives for income from capital and frequent environmental hazards attributed to the high rate of saving in Japan.

With the high rate of savings relative to domestic investment, Japan invest more funds in other countries(net capital outflow increases). This is matched with high net exports leading to a trade surplus.

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3 years ago
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Answer:

$120,500

Explanation:

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Hence:

Common fixed costs not traceable to the individual divisions= $132,800 − $12,300

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Answer:

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Explanation:

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