Deposits in transit would be added to the balance per book on a bank reconciliation.
<h3>What is Bank reconciliation?</h3>
Bank reconciliation is the process by which cash balances available in an individual or organization accounting records are matched together the corresponding information of bank statement. The main objective of this statement is distinguish the differences between the book changes and the accounting records as appropriate.
Therefore, Deposits in transit would be added to the balance per book on a bank reconciliation.
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To get to know the person your dealing with in person, this is done in order to truly understand his or her mind set.
Answer:
$1,900
Explanation:
Calculation to determine what the bad debt expense for the year is:
Accounts Receivable Uncollectible percentages 1-30 days $40,000* 1.5% =$600
31-60 days $10,000 *8.0% =$800
61-90 days $6,000 *15.0% =$900
Total $2,300
Bad debt expense =$2,300-400
Bad debt expense =$1,900
Therefore Based on this information, the bad debt expense for the year is:$1,900
Answer:
A
Explanation:
ABC is the producer of the drug, therefore not the buyer.
While they could be concerned about new Entrants, that is not 'a force' nor a mechanism to block new entrants. You might lower price to block new entrants but raising prices will have them seeking alternatives.
Business power is too generic and meaningless of an answer.
What is meant by saying trade between two countries can make each country better off is : International trade.
What is international trade?
International trade is a trade between two or more countries. It is the exchange of capital, goods and services across international boundaries.
There is no country in the world that can produce all that is needed by people. However, international trade facilitate exchange of goods and services among different countries, hence make each country better off.
Therefore, what is meant by saying trade between two countries can make each country better off is International trade.
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