Answer:
Corrected cash balance =
Ending balance = $50,000
Deposit in transit = + $6,000
NSF Checks = - $1,000
Outstanding checks <u>= - $3,000</u>
Corrected cash balance = $52,000
Explanation:
To make Adjustments to the cash balance, follow these steps;
- Ending Balance from Bank statement
- Add Deposits in Transit
- Deduct NSF checks
- Deduct Outstanding checks
Answer:
Option A
Explanation:
Logistics is concerned with the flow of goods (raw material and finished products) to the consumer and the producer.
However, the entire process of logistics involve Flow of physical items as well as abstract items inclusive of time, information, particles, and energy
Hence, option A is correct
Answer:
Fair Value method, and only a portion of Ima's 2004 dividends represent earnings after Pal's acquisition.
Explanation:
The part of the dividend that reduce the carrying value of the investment can be said to be a liquidating dividend. Liquidating dividend is said to have occurred when the payment made by the investee is higher than the income that was earned in the course of the period in which the shares of the investee was owned by the investor.
On the other hand, the cost method treats liquidating dividends as spend or reduction in the investment account and treats normal dividend as income. Hence it is impossible for the firm to use equity method.
This is because dividend are seen as a reduction in investment account under the equity method. This means that dividends received cannot be taken as income in this method, hence C and D are wrong.
Answer: remain at the same level despite changes in production
Explanation:
Answer:
B) $.10.
Explanation:
All the cost used in the production process is called production cost.
Capital cost = Units x Cost per unit = 2 x $10 = $20
Raw Material cost = Units x Cost per unit = 5 x $4 = $20
Labor cost = Units x Cost per unit = 8 x $3 = $24
Total Cost = Capital cost + Raw Material cost + Labor cost
Total Cost = $20 + $20 + $24 = $64
Cost per unit = Total cost / Number of units = $64 / 640 = $0.10
