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denis23 [38]
3 years ago
8

If you have reconciled an account before, you need all of this information except _____ to reconcile a bank account.

Business
1 answer:
SVEN [57.7K]3 years ago
7 0

When a bank account is reconciled, then it means that the bank transactions are checked and compared to the bank statement to be sure that the inflows and outflows tallies and are accurate.

Basically, the steps to reconciling an account are as follows:

  • Make comparisons of the deposit in the account
  • If you find any discrepancy, make adjustments on the bank statement
  • Make an adjustment of the cash account
  • Make a comparison of the balance.

Please note that your question is incomplete so I gave you a general overview to help you better understand the concept.

Read more about bank statements here:

brainly.com/question/15525383

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Using college students as the market segment, describe the most relevant reference group(s) and indicate the probable degree of
Sergio039 [100]

Answer and Explanation:

A. Toothpaste brand: Toothpaste is a commonly used, inexpensive, and very popular product. These decisions are governed mainly by the reference group such as family , friends or primary group with whom a student has regular face to face experiences. Hence the purchase decision is affected by a low degree of comparison community.

B. Buying a hybrid car: A hybrid car is sometimes described as expensive and luxury products. It's moreover a non-necessity commodity for a college student. These decisions are therefore usually affected by secondary community. And a high degree of control in the comparison community will only inspire a student to buy a car.

C. Buying cereal for breakfast: This is a simple requirement of a lifetime. Therefore, even without consulting any reference group a student can buy such product. Often such transactions are rules by family group control. So it needs a low degree of control.

D. Becoming a vegetarian: It takes a high degree of influence and motivation to become a vegetarian.

Thus the aspirational group influences a student. So they opt for vegetarianism to become part of such a community. Such decision taking involves a high degree of control.

E. Option of a computer tablet like the iPod: these products are a luxury commodity sold at regular prices. Typically refer to their families , friends, magazines before making a purchase student to get an idea about the output and price of these products. These goods are the weak product with a strong brand and a strong purchase is controlled by a strong reference community impact.

4 0
3 years ago
Your friend is going to purchase a car and will finance it. she is borrowing $20,000 at a monthly rate of 0.50 nd will pay it of
stiv31 [10]

The monthly payment is $386.67.

<h3>What is the monthly interest rate?</h3>
  • A monthly interest rate is simply the amount of interest charged in one month.
  • This does not include any other fees associated with the loan, and it does not indicate how expensive a loan is.
  • APR, on the other hand, is the annual percentage rate charged on a loan for a year.

So,

  • PV = 20,000, I/y = 0.50, n = 12 × 5, FV = 0
  • CPT PMT which equals $386.67

Therefore, the monthly payment is $386.67.

Know more about monthly interest rates here:

brainly.com/question/2151013

#SPJ4

6 0
1 year ago
The manager of an orchard expects about 70% of his apples to exceed the weight requirement for ""Grade A"" designation. At least
kenny6666 [7]

Answer:

D) 356

Explanation:

ME = Z x √[(P x Q) / N]  

  • margin of error (ME) = 4%
  • 90% confidence level (Z) = 1.645 (by convention)
  • P = 70% of apples exceed Grade A
  • Q = 30% of apples do not exceed Grade A
  • N = sample size = ?  

0.04 = 1.645 x √[(0.7 x 0.3) / N]

0.04 = 1.645 x √(0.21 / N)

0.04 = 1.645 x 0.458 / √N

0.04 = 0.7538 / √N

√N = 0.7538 / 0.04 = 18.84

N = 18.84² = 355.2 ≈ 356 (there is no 0.2 apples, you must round up)

6 0
4 years ago
"what is the difference between a credit card and a debit card? why are credit cards considerably more popular with u.s. consume
Y_Kistochka [10]
The difference between credit card and a debit card is that:
Debit cards are linked to your bank account, and money is withdrawn from the account as soon as the transaction occurs. While credit cards are not linked to your bank account, they are linked to the bank or institution that issued the card. Credit card are billed monthly.
Credit cards are considerably more popular with U.S. consumers because debit cards are linked to your bank account and if someone stole the card, all the money in your bank account will vanish. where credit cards are not linked to your bank account, it is charged monthly as much money as you want.
7 0
3 years ago
Who os responsible for paying income taxes​
Vedmedyk [2.9K]

The correct answer is; businesses and anyone who works and pays taxes.

Further Explanation:

Any one who is working in the United States has to pay income taxes. Businesses must also pay income taxes. Income taxes are due each year, generally from January 1st until April 20th.

People can do their own taxes or hire an accountant to do them. There are numerous websites where it is free to file taxes such as Turbotax and H&R Block. If a person has overpaid they are due a refund.

Both businesses and individuals can file for an extension on their taxes.

Learn more about IRS at brainly.com/question/12498230

#LearnwithBrainly

8 0
3 years ago
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