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LuckyWell [14K]
3 years ago
9

A company's Cash account shows an ending balance of $4,600. Reconciling items included a bookkeeper error of $105 (a $525 check

recorded as $630), two outstanding checks totaling $830, a service charge of $20, a deposit in transit of $260, and interest revenue of $33. What is the adjusted book balance
Business
1 answer:
aleksandrvk [35]3 years ago
6 0

Answer:

$5,275

Explanation:

Bank Reconciliation Statement

Balance as per Cash Book              $4,600

Add check error                                   $105

Add unpresented checks                    $830

Less Lodgments not yet credited     ($260)

Balance as per Bank Statement      $5,275

therefore,

The adjusted Cash book balance is $5,275

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Answer:

C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left.

Explanation:

toothpaste in a tube and toothpaste in a pump are substitute goods.

Substitute goods are goods that can be used in place of another good.

If the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.

Only changes in price of a good can lead to movement along the demand curve for that good. A decrease in the price of  toothpaste in a tube would lead to a movement downward along the demand curve

Other factors affecting demand leads to a shift of the demand curve either to the right or to the left.

A decrease in the price of toothpaste in a tube would lead to a decrease in the purchase of toothpaste in a pump. This would lead to a leftward shift of the demand curve of toothpaste in a pump to the left.

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3 years ago
The cost of preferred stock: Question 2 options:
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Answer:

The correct answer is letter "A": is equal to the dividend yield.

Explanation:

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<em>If the value of the preferred stock is to be determined, any future dividend payment must be discounted back to the present and then added together. The preferred stock value will equal to the dividend yield.</em>

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quzlet Suppose that the Bank of Japan buys U.S. dollar assets with yen-denominated assets. Everything else held constant, this t
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Ardel Co. budgeted to sell 222,000 units of Zbox in September. Production of one unit of Zbox requires three pounds of aluminum
tia_tia [17]

Answer:

Explanation:

We are asked for Zbox production, so we ignore the raw materials information for this question.

We use the inventory identity to solve for production

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3 years ago
Final goods or services used to compute GDP refer to: the value of outstanding shares of stock of manufacturing firms. the value
aleksandr82 [10.1K]

Answer:

goods and services at the final stage of production they have reached during the year.

Explanation:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

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