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FromTheMoon [43]
3 years ago
6

Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling th

e company’s bank account.Outstanding checks.select an explanationDeduct from balance per bank2.A deposit in transit.select an explanationAdd to balance per bank3.The bank charged to our account a check written by another company.select an explanationAdd to balance per bank4.A debit memorandum for a bank service charge.
Business
1 answer:
eimsori [14]3 years ago
3 0

In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.

Here, Ned have some items which needed to be reconciled with the company’s bank account.

  1. For "the Outstanding checks", he should deduct the amount from balance per bank
  2. For "a deposit in transit", he should add to balance per bank
  3. For "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error.
  4. For "a debit memorandum for bank service charge", he should deduct from balance per books.

Learn more about this here

<em>brainly.com/question/22929135</em>

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When Jack was hired in 2011 at Ford Motor Company, he was offered $14 an hour. His best friend Sam started at the same plant doi
TiliK225 [7]

Answer:

This is an example of pay rise!

I hope this helps you!

8 0
4 years ago
Splish Brothers Inc. reported net income of $394000 for the year. During the year, accounts receivable increased by $29000, acco
Scilla [17]

Answer:

$414000

Explanation:

Calculation to determine what Net cash provided by operating activities for the year is

Net income $394000

Less Receivable increased ($29000)

Less Accounts payable decreased ($12000)

Add depreciation expense $61000

Net Net cash provided by operating activities $414000

Therefore Net cash provided by operating activities for the year is $414000

6 0
3 years ago
Water is flowing in a trapezoidal channel at a rate of Q 5 20 m3/s. The critical depth y for such a channel must satisfy the equ
irina1246 [14]

Answer / Explanation:

Kindly note that the question is incomplete. However, kindly find the complete question below and the answer.

Complete Question

Water is flowing in a trapezoidal channel at a rate of Q=20m³/s . The critical depth y for such a channel must satisfy the equation:

0 = 1 − Q² / gA³c . B Where g= 9.81m /s²  and Ac = the cross-section area can be related to depth y by B = 3+y and Ac = 3y+y²/2. Solve for the critical depth using (a). the graphical method,

Answer:

Given the equation,

0 = 1 − Q² / gA³c. B

Now substituting the given value g= 9.81m /s² , Q =20m³/s, B = 3+y, and Ac = 3y+y²/2,

We get:

0 = 1 - 20² / (9.81) ( 3y + y²/2)³ (3+y)

Hence we choose f(y) =  1 - 40.7747 / (3y + y²/2)³ . (3 + y) and solve for f(y) = 0

Therefore,

To solve using a graph, we take twelve sample points ( starting at y = 0.25 in step of 0.25m and plot a graph using MS- Excel. Kindly find the graph below.

2) As evident from the sample point and the graph function f(y) gets close to zero at y = 1.5, hence the root of f(y) = 0 is Xr = 1.5

6 0
3 years ago
An employee of yours is 57 years old and is taking an RS5000 class to learn how to program the next generation of Programmable L
Firlakuza [10]

Answer:

D. maintenance

Explanation:

The stages of career development according to Donald Super are divided into 5; the first is the growth stage, the second is exploration stage, the third is establishment and the fourth is the maintenance stage and the fifth is the disengagement stage

In the maintenance stage, the age range is from 45 - 59 years. Such employees are holding on in their chosen profession, the are also updating their skills in that profession (the employee's class to learn how to program the next generation of programmable logic controllers)

Employees in the area of technology in the maintenance stage especially feel like abreast happenings, innovation and development so this pushes them to further develop themselves.

5 0
3 years ago
A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 point
ikadub [295]

Answer:

ARP = 13.2184 %

Prepaid interest = $3,057.66

Explanation:

The ARP stands for annual percentage rate. It is defined as the amount of interest that one has to pay annually for the total mortgage loan he or she takes. In the question, the ARP will be  13.2184 % for a loan amount of $127,000 at the rate of 12.98% that will be amortized in 57 years with 0.13 points.

The prepaid interest is the interest amount the borrower pays for the loan he takes before the first scheduled of the debt repayment. In the question, the prepaid interest amount is $3,057.66 for the loan amount $524,000 to be amortized in 40 years with 0.58 points and at 5.33%.  

8 0
3 years ago
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