Answer:
Yes, it is very true: I don't know just trying
Answer:
C. Bank interest payment
Explanation:
Lynette will not compute the interests earned on his amount in his checkbook.
A banking fee will reduce the amount in the statement to the checkbook
A penalty exceeding transaction limit will also reduce the amount in the statement to the checkbook
ATM withdrawal not logged in the checkbook could also increase the check book figure and reduce the bank statement instead.
Thus the answer is C. Bank interest payment.
Answer:
1. Cash (Dr.) $145,850
Sales (Cr.) $145,850
2. Purchases (Dr.) $76,200
Accounts Payable (Cr.) $76,200
3. Accounts Payable (Dr.) $4,100
Cash (Cr.) $4,100
4. Prepaid Rent (Dr.) $24,000
Cash (Cr.) $24,000
5. Wages Expense (Dr.) $12,500
Cash (Cr.) $12,500
Wages Expense (Dr.) $350
Wages Payable (Cr.) $350
6. Depreciation Expense (Dr.) $1,700
Accumulated Depreciation (Cr.) $1,700
Explanation:
Journal entries are recorded for the business transactions. These transaction incurred in the business are recorded in the books of accounts. These journal entries then create Ledger and Trial balance.
$342,000
Regardless if the amount of supplies has not been paid or not, it is still accounted for in the balance sheet. You would have a debit of 342,000 for supplies, credit of supplies payable of 240,000 and a credit to cash for 102,000 assuming that the difference between both amounts was paid for with cash.
It is the role of <span>Board of Equalization to provide tax clearance receipt a business sale. This agency is mainly responsible for the administration of tax and collection of fees. This agency will be the one to decide on how they will calculate the tax. </span>
