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Zanzabum
3 years ago
8

You want to make sure your account reflects the spending you’ve actually done, so you pull receipts out of your clothes pockets

from the last two weeks and find two for Cool Snacks, one for Club Cafe, one from a sale at Clothing Rack, and an ATM slip for a withdrawal of $30.
Business
1 answer:
erica [24]3 years ago
3 0

Based on the information given, the items that can be reflected in the account activity but that the person cannot account for include bank charges and transactions involving the use of ATMs.

From the complete information, it should be noted that there are bank charges that are charged by the banks.  In this case, the account may not reflect the spending that has actually been done.

Also, there are taxes that are charged on the goods that the person bought. Therefore, this will be reflected on the account activity and will give rise to a higher value than the amount that the person actually spends.

Read related link on:

brainly.com/question/25675366

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3 years ago
Samantha, a famous artist, has a contract with Alec to paint his portrait for $6,000. Samantha is very busy and wants to delegat
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B. Not honor the delegation because the contract is based on personal skill.

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4 years ago
The premium on a three-year insurance policy expiring on December 31, 20x11, was paid in total on January 1, 20x9. The original
bezimeni [28]

Answer:

b. The same as it would have been if the original payment had been debited initially to an expense account

Explanation:

We can use an example to explain this:

original journal entry to record a 3 year insurance policy on January 1 is:

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Adjusting entry on December 31

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If instead of recording prepaid insurance on January 1, you recorded insurance expense:

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Adjusting entry on December 31

Dr Prepaid insurance 2,400

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balance of prepaid insurance = $2,400

5 0
4 years ago
How can data analytics improve the measurement of employees' performance?
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8 0
3 years ago
The following two assets and payout data are given​ below: Asset A​: Pays a return of​ $2,000 20% of the time and​ $500 80% of t
andrew-mc [135]

Answer:

I would prefer Asset B

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A risk averse investor is the one who prefers lower amount of returns with known or specific risks instead of the higher amount of returns with unknown risks. So, from among the various level of risks, the investor will be preferring the alternative with the least interest.

So, in this case,

In Asset A: pay a return of $2,000 and at 20% of time and the $500 at 80% of time.

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6 0
3 years ago
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