To reconcile for a bank service fee listed on the bank statement, <u>C. enter it</u> into your external register in the same manner as a withdrawal.
<h3>What are bank service fees?</h3>
Bank service fees are charges imposed by financial institutions on their personal and business customers for account set-up, maintenance, and minor transactional services.
During bank reconciliation, the correct procedure is to record this transaction in the books as a reduction of the bank balance.
Thus, to reconcile for a bank service fee listed on the bank statement, take Option C.
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Answer:
The weighted average equivalent units of production for materials for the month would be 62,400 units
Explanation:
Consider the following formula:
Equivalent units of production for materials = Units completed and transferred out + Units in ending WIP * % of completion
= 60000 + (6000*40%)
= 62,400 units
Answer: Licensing
Explanation:
A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.
The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.
According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.
Therefore, Licensing is the correct answer.
Explanation:
Productivity is the efficiency of a machine or a man to convert any raw material into finished products. The conversion of raw materials into useful outputs is termed as productivity.
Basically, how much output a man or a machine can give in a specific time period which is a useful output is productivity. Many industries or companies pays their employees on the basis of productivity. Efficient uses of labour, capital, raw material to bring effective and efficient outputs.
the most satisfied, according to Glassdoor's study, are: Health insurance. Vacation and PTO. Pension plans, 401(k) & other retirement plans.
