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Alona [7]
3 years ago
6

Due Monday by 5:29pm Points 100 Submitting a file upload Available Nov 30 at 12am - Dec 7 at 5:29 pm 8 days ACG2021 - Comprehens

ive Exam - V2 Bank Reconciliation (LO3) The following information is available for Airborne, Inc. as of March 31, 2020: a. Cash on the books as of March 31 amounted to $22,754.16. Cash on the bank statement for the same date was $32,351.46. b. A deposit of $3,344.50, representing cash receipts of March 31, did not appear on the bank statement. c. Outstanding checks totaled $3,936.80. d. A check for $1,920.00 returned with the statement was recorded incorrectly in the check register as $1,380.00. The check was for a cash purchase of merchandise. antage e. The bank collected $10,300.00 for Airborne, on a note. The face value of the note was $10,000.00 f. The bank mistakenly charged to the company account a check for $755.00 drawn by another company. REQUIRED: y 1. Prepare in a proper format the Bank Reconciliation for Airborne, Inc. as of March 31, 2020 2. Prepare in proper format the Journal Entries necessary to adjust the accounts as of March 31, 2020 brary.​
Business
1 answer:
jarptica [38.1K]3 years ago
3 0

Answer:

Explanation:

What’s the question?!

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evablogger [386]

Answer:

the correct answer is consultative selling.

Explanation:

In this method, the seller often acts as a Consult to the customer and tries to understand the specific needs and wants of the customer before making the sale. This is a unique way to market the products and to grab the customer loyalty in the long run.

8 0
3 years ago
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Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a red
Ilya [14]

Answer:

$5.74

Explanation:

Q* = 2DS / H[1-(d/p)]

Q² = 2DS / H[1-(d/p)]

S = (Q²)(H)[1 - (d/p) / 2D

Setup cost S = (200^2)*(10)*(1 - (100/800)) / 2*30,500

Setup cost S = 40000*10*0.875 / 61000

Setup cost S = 350000 / 61000

Setup cost S = 5.737704918032787

Setup cost S = $5.74

3 0
3 years ago
Suppose Garnett and Kennedy own a downtown apartment in tenancy by the entirety. If Garnett dies, what type of ownership does Ke
Bezzdna [24]

Answer:

Sole ownership

Explanation:

Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.

Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP

4 0
3 years ago
While figuring out how to save money for a bride who is having financial problems, paula, the catering manager of oh happy day,
Bumek [7]

While figuring out how to save money for a bride who is having financial problems, Paula, the catering manager of Oh Happy Day, asked her assistant, "What do you think is the best menu to offer under these particular circumstances? How can we offer the bride and groom's guests a great meal within their budget?" Paula and her assistant are using the contingency approach.

True

5 0
3 years ago
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Yield to Maturity and Call with Semiannual Payments Thatcher Corporation's bonds will mature in 12 years. The bonds have a face
Dovator [93]

Answer:

rounding to two decimal places: 11.11%

Explanation:

we can se the approximate formula for YTM

YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

C=  57.5 (1,000 x 11.5%/2)

Face value = 1000

P= 1050 (market value)

n= 24 (12 years x 2 payment per year)

YTM = \frac{57.5 + \frac{1,00 - 1,050}{24}}{\frac{1,000+1,050}{2}}

semiannual YTM =  5.4065041%

This is a semiannual rate as we consider semiannula payment.

We need to convert into annual rate:

(1 + 0.054065041)^{2}  - 1

YTM 11.1053109921343000%

rounding to two decimal places: 11.11%

8 0
3 years ago
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