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sleet_krkn [62]
2 years ago
12

Teller's checks and personal checks are classified as

Business
2 answers:
Veseljchak [2.6K]2 years ago
6 0
The awnser to the question is A Drafts
MAXImum [283]2 years ago
5 0

Answer: they are classified as  D) certificates

Explanation:

You might be interested in
Consider Emily's balance statement:
notsponge [240]

Answer:

see below

Explanation:

A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.

Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.

In this balance sheet,  Emily has confused assets and liabilities.

The column labeled as liabilities represents assets. She should change that. This column should be the topmost column.  She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.

8 0
3 years ago
Read 2 more answers
For 115 consecutive days, a process engineer has measured the temperature of champagne bottles as they are made ready for servin
vaieri [72.5K]

Answer:

40° Fahrenheit

Explanation:

For an X-bar, the centre line is then average across all components. In this case, the average temperature across all 1150 bottles over 115 days will be 40° Fahrenheit as it is reported.

8 0
3 years ago
The most important difference between for-profit businesses and nonprofit organizations is that:
kolezko [41]

The most important difference of the two or between businesses in the profit and nonprofit organizations is that in terms of nonprofit organizations, the organization owners does not make money, while the profit organizations—it makes money for the organizations’ owners.

7 0
3 years ago
The management of Bullinger Corporation would like to investigate the possibility of basing its predetermined overhead rate on a
Anit [1.1K]

Answer:

$5,160

Explanation:

Predetermined Overhead Rate on Capacity = Total Estimated Manufacturing Overhead / Estimated Capacity for the Year

Predetermined Overhead Rate on Capacity = $34,840 / 29,000 MH

Predetermined Overhead Rate on Capacity = $1.20 MH

Actual use of capacity = 24,700 hours

Unused hours = 29,000 hours - 24,700 hours

Unused hours = 4,300 hour

Cost of unused capacity = 4,300 hours * $1.20 MH

Cost of unused capacity = $5,160

4 0
3 years ago
At December 31, 2011 the accounting records of Gordon, Inc. contain the following items: If the Notes Payable is $10,000, the De
Vadim26 [7]

The question is incomplete. The complete question is as follows,

At December 31, 2011 the accounting records of Gordon, Inc. contain the following items:

Accounts Payable 2500

Land 30000

Building 31250

Notes Payable ?

Retained earnings 125000

Accounts Receivable 18750

Cash ?

Equipment 40000

Capital Stock 12500

If the Notes Payable is $10,000, the December 31, 2011 cash balance is:

Answer:

Cash = $30000

Explanation:

The accounting equation states that the sum of total assets is always equal to the sum of total liabilities plus total equity. We can state the equation as follows,

Total Assets = Total Liabilities + Total Equity

So,

(30000 + 31250 + 18750 + 40000 + Cash) = (2500 + 10000) + (125000 + 12500)

120000 + Cash = 12500 + 137500

Cash = 150000 - 120000

Cash = $30000

6 0
3 years ago
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