Answer: please see below for answer
Explanation: 1. Deposits in transit-----additions to cash balance according to bank statements
2. Bank service charges. ---- A deduction from the cash balance according to the company's records.
3. NSF check.----- A deduction from the cash balance according to the company's record
4. Outstanding checks.----- A deduction from the cash balance according to the company's record
5. Check for $690 incorrectly recorded by the company as $960-----An addition to the cash balance according to the company's records.
6. Check for $420 incorrectly recorded by the company as $240-----An addition to the c ash balance according to company record
Journal Entry
NSF check ---- Accounts Receivable- debit; Cash--Credit
Bank Service charge ---- Bank Expense -Debit, Cash Credit
Check which is incorrectly recorded by the company----Accounts payable--debit; Cash ---Credit.
Deposits in transits and Outstanding checks---No entry.
The total return of the bond will be a profit of $300 and the total return on investment (ROI) will be 6.18%.
<h3>What will be the total return and return on investment?</h3>
The profit made from the purchase of bonds is referred to as the return on bonds. The profit includes all capital gains (discounts obtained) and interest earnings till maturity.
As a result, when Chelsea redeems the bond at maturity, his total return (profit) will be $300.00 at 6.18 percent.
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Answer:
The forecasted demand for the week of October 12 using a 3-week moving average is 376,710
Explanation:
a) Data
21-Sep 383,383
28-Sep 368,368
5-Oct 378,378
Total 1,130,129
Average = 1,130,129/3 = 376,710
b) To calculate the moving average, the quantities for three weeks' demand are added and divided by 3. This shows that the average demand for type A blood at the Damascus Hospital will be 376,710, going by the figures provided. If the correct figures should have been 383, 368, and 378, the average would have equal to 376 pints.
FIFO method :
Amount of Net Ducome GA per F1 Fo
Net Income (After Tan) $2144 mule
Add Income Tan Changed
(2144 X 100/70) X 30%. 76 $918.857 rude
$3062.857 nis
Add Closing Inventory Incrare as bei FIFO 293
Lesso Open Deventory Ducres asper FIFO (290 nulls)
Income before Taxes 3065.857 null
Income Taxes 30 y. (919.757 null)
Net Income 2146. to Pullen
FIFO ("first in, first out") is based on these production costs, assuming that the oldest products in a company's inventory are sold first. The LIFO (last in, first out) method assumes that the newest product in the company's inventory was sold first, and uses that cost instead.
FIFO (First In, First Out) Inventory Management evaluates inventory to reduce the likelihood of business losses when products are phased out or discontinued. LIFO (last in, first out) inventory management is suitable for non-perishable goods and uses the current price to calculate the cost of goods sold.
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Answer:
You can not check the property beforehand for damages, which is a risk.
Explanation:
A foreclosure property is that property which is being sold off by a lender in order to payoff default.
There are a number of risks involved in buying such property. The process of buying is lengthy and complicated.
Buyers are not allowed to check the property before auction. Often these properties are damaged because the owners can not afford to manage. Or the angry owners may damage the property purposely in order to punish the lenders.
