Answer:
A.$20,200
Explanation:
The computation of the cash amount which is to be reported is shown below:
= August bank statement balance - checks outstanding + deposit outstanding
= $22,400 - $4,500 + $2,300
= $20,200
The other items like NSF check, Note collected by the bank for the Colt Company, and Bank service fees are irrelevant. Hence, these are ignored and not be considered in the computation part
- the main consumers
- the supply available
- society
- the value of money
- inflation
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Answer:
The answer is "15 minutes"
Explanation:
I will approximately spend 15 minutes on prewriting once i have gathered the information needed.
Answer:
Margin of safety is a principle of investing in which an investor only purchases securities when their market price is significantly below their intrinsic value. ... Alternatively, in accounting, the margin of safety, or safety margin, refers to the difference between actual sales and break-even sales
Answer:
e. Deterring monopoly
Explanation:
Based on the information provided within the question it can be said that the best choice would be that it is deterring monopoly. Monopolies refer to having full control of an industry and being the the only supplier or producer of a certain good. This is always bad because monopoly's are able to set whatever price they want on their products because there is no competition to steal away customers.