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kvasek [131]
3 years ago
12

You wish to make a deposit and have these bills: 11 ones, 4 fives, 4 tens, and 4 twenties. You also have 6 nickels, 12 dimes, an

d 15 quarters and checks for $72.50 and $65.25. You wish to receive $30 in cash. What will you enter on the NET DEPOSIT line
Business
1 answer:
Bad White [126]3 years ago
5 0

Answer:

$264.00

Explanation:

Calculation to determine What will you enter on the NET DEPOSIT line

First step is to calculate the Total deposit checks

Total deposit checks = $72.50 +$65.25

Total deposit checks= $137.75

Second step is to add up the amount she has in the account.

6 ones = $11

4 fives = $20

4 tens = $40

4 twenties = $80

6 nickels = $0.30

12 dimes = $1.20

15 quarters = $4.00

Total 156.5

Now let calculate What will you enter on the NET DEPOSIT line

NET DEPOSIT line=($137.75+156.5)

NET DEPOSIT line=$294.25

NET DEPOSIT line=$294.00

Therefore What will you enter on the NET DEPOSIT line is $294.00

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Explanation:

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3 years ago
Which of the following is not possible when recording a transaction?A. Liabilities increase and assets decrease.B. Stockholders'
Basile [38]

Answer:

Liabilities increase and assets decrease.

Hope this helps!

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3 years ago
What is an incentive for a person to contribute to an IDA? It earns the highest interest rates available at a bank. It is good f
vagabundo [1.1K]
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4 years ago
Read 2 more answers
A company using the periodic inventory system has inventory costing $152 on hand at the beginning of a period. During the period
BabaBlast [244]

Answer:

A. $288

Explanation:

The cost incurred to produce or purchase the product which is being sold is called cost of goods sold.

Cost of Goods Sold = Beginning Inventory + Purchases in the period - Ending Inventory

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4 years ago
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Falcon Co. produces a single product. Its normal selling price is $26 per unit. The variable costs are $16 per unit. Fixed costs
xxTIMURxx [149]

Answer:

Effect on income= $10,290 increase

Explanation:

Giving the following information:

Falcon can handle the special order, and for this order, a variable selling cost of <u>$2 per unit would be eliminated.</u>

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<u></u>

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6 0
3 years ago
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