The correct order to reconcile a monthly bank statement is:
- 1. Identify the bank statment balance then add any deposits in transit and subtract any outstanding checks.
- 2. Compute the adjusted bank balance.
- 3. Identify the company's book balance.
- 4. Add any unrecorded credit memoranda from the bank, interest earned, and errors understating the book balance.
- 5. Identify and list any unrecorded debit memoranda form the bank, service charges, and errors overstating the book balance.
- 6. Compute the adjusted book balance and compare it to the adjusted bank balace to verify equality.
<h3>What is a Bank Statement?</h3>
This refers to the financial record that contains the transactions in a bank account over a period of time.
Hence, we can see that a business owner must follow different steps when preparing a monthly bank reconciliation and they are shown above.
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The pH scale is a measure of how acidic a solution is.
<h3>What is a pH scale?</h3>
The unit of measurement to determine how acidic or basic a solution is, is done via a pH scale, which ranged from 0 to 14, on which 0 to 6.9 means that the solution is acidic, and 7 is neutral.
Hence, the pH scale helps to determine the acidic amount of the solution.
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I’m pretty sure is “his” which will be C
When a diagram or a technical drawing is made, it can be either in three-dimensional mode (3D) or two-dimensional mode (2D) and can be viewed in different ways depending on the perspective.
With this in mind, there are different ways of viewing a drawing or diagram and they include:
- Top View
- Side View
- Front View, etc
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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The percentage decrease in profit to the nearest percent is; 23%
<h3>How to find the percentage Profit?</h3>
This percentage profit decrease can be found from the formula:
% profit decrease = (This year's profit - Last year profit)/Last year profit * 100%
Plugging in the relevant values gives;
%Profit decrease = (1,650,000 - 2,150,000)/2,150,000 * 100%
%Profit decrease = -500,000/2,150,000 * 100%
%Profit decrease = 23%
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