Answer: Deduct the check amount from the bank balance.
A check amounting to $845 was issued to a supplier by Clanton industries in July and during that month the check did not clear the bank. In preparing the July 31 bank reconciliation, the check amount should be deducted from the bank balance considering the check has already been issued to the supplier.
The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be available.
The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.
For example, if the price of coffee rises, the quantity demanded for tea which is the best substitute of coffee beverage will increase as consumers will switch to a less expensive but the substitutable alternative.
This is reflected in the cross elasticity of the demand formula, as both the numerator which is the percentage change in the demand of tea and denominator which is the price of coffee shows a positive increase.
To know more about price elasticity of demand here:
brainly.com/question/13565779
#SPJ4
A formula helps you understand the problem better!!!
<span>How does Truth In Lending protect consumers when shopping for a loan
</span>
Since the government aimed to make westward migration more appealing to immigrants, "A poor family that coveted property" was primarily those who benefited.
Due to their inability to purchase a farm at an affordable price, many ended up squatting on public property without a valid title. The Harrison's Land Act of 1800 decreased the minimum purchase size from 640 acres to 320 acres and added a credit provision. A quarter of the total cost had to be paid up front, and the remaining amount had to be paid over the course of four years with an extra year added on for late payments.
To learn more about Land Act of 1800 here
brainly.com/question/697970
#SPJ4
