Yvonne’s job involves of ticketing and marking. This is where products are being labeled with identification or that price tags were being assigned to each products for consumers to have the knowledge about the product in which Yvonne’s job is involved to.

5 0

3 years ago

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo

Sergeeva-Olga [200]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The journal entries are shown below:

a. No journal entry required

b. Miscellaneous expense A/c Dr $16

To Cash A/c $16

(Being service charges is paid)

c. Cash A/c Dr $9 ($476 - $467)

To Utilities expense A/c $9

(Being correction is recorded)

d. No journal entry required

The preparation of the bank reconciliation statement is presented in the spreadsheet. Kindly find the attachment below:

8 0

3 years ago

Mr. Brown is in the 10 percent federal income tax bracket and wants to invest $10,000 in interest-earning assets. Mr. Black is i

snow_lady [41]

Based on the information given, the corporate bond will be recommended for Mr. Brown while the municipal bond will be recommended for Mr Black.

<u>Mr Brown:</u>

The after-yield tax on corporate bonds will be:

= Before tax yield × (1 - tax rate)

= 4% × (1 - 0.10)

= 3.60%

After tax yield on municipal bond will be:

= 3.5% × 1 = 3.5%

The corporate bond is recommended.

For <u>Mr. Black</u>

The after-yield tax on corporate bonds will be:

= 4% × (1 - 0.35)

= 2.60%

The after-yield tax on municipal bonds will be:

= 3.5% × 1

= 3.5%

Therefore, the municipal bond is recommended.

Red related link on:

brainly.com/question/25379770

5 0

2 years ago

Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. an increase in the price of tomatoe

denpristay [2]

Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. An increase in the price of tomatoes will LOWER the total surplus in the market for mustard

3 0

3 years ago