Please help it's urgent
The two main procedures involved in bank reconciliation are: • The cash journals of the business must be updated after the bank statement is received. • Transactions that the bank needs to attend

Answers

Answer 1

The two main procedures involved in bank reconciliation are ""Updating the cash journals and Attending to bank transactions".

Updating the cash journals: After receiving the bank statement, the cash journals of the business need to be updated. This involves comparing the transactions recorded in the business's cash journals with the transactions reflected in the bank statement. Any discrepancies or differences between the two need to be identified and resolved.

Attending to bank transactions: This step involves addressing the transactions that the bank needs to attend to. It includes reviewing and reconciling any outstanding checks or deposits that have not yet cleared the bank. The business needs to account for any outstanding items and ensure that they are properly recorded in the cash journals.

Bank reconciliation is an important process to ensure the accuracy and reliability of a business's financial records. By reconciling the cash journals with the bank statement and addressing any discrepancies or outstanding items, the business can have a clear and accurate understanding of its financial position. This helps in identifying errors, detecting fraudulent activities, and ensuring that the business's records align with the bank's records.

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Related Questions

What are 2 reasons someone might want to open a secured credit card?

Answers

Answer:

hgguuyhh

Explanation:

You can start building credit history before you even need it and you don’t need a credit score to apply

¿Cuáles de estos son agentes económicos?

Answers

Three fundamental economic agents are present in every economy: Families, businesses, and the government, despite current economic theories.

What are the four types of economic agents?

There are four primary economic agents: individuals, businesses, governments, and central banks are all examples.

What economic agents are there and what are their functions?

Economic agents are one of the most important parts that make up a country. Simply put, these subjects are financial or legal participants in an economic activity. Numerous economic agents produce and distribute goods and services in a territory.

Incorporating four figures: one of the banks, given their increasing prominence when it comes to influencing the economy.

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Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input to its manufacturing process. This is an example of
A. creating value by using related diversification to acquire market power by integrating vertically.
B. related diversification to acquire market power by pooling negotiating power.
C. related diversification to acquire economies of scope by integrating vertically to acquire market power.
D. related diversification to acquire economies of scope by leveraging core competencies.

Answers

It is an example of creating value by using related diversification to acquire market power by integrating vertically.

Market power can be defined as the degree to which a company can influence the prices of its goods and services. The larger the concentration of a firm in an industry, the higher its market power. For example, if the a firm constitutes 75% of an industry, its market power would be higher than that of a firm that constitutes 10% of an industry.

Vertical integration is when a firm expands its production capabilities by undertaking production of goods on its supply chain. An example is when the carpet manufacturer begins to produce its raw materials instead of buying it from third parties.

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Office Procedure
a) Encplain the meaning and need of office procedure:

Answers

Answer:

Meaning of Office procedure:

Office procedure is the combination of two words : office and procedure. Office means the place where overall administrative and clerical functions are performed for achieving organizational goals. Procedure means a series of actions conducted in a certain manner, an established way of doing something, a process of making decision and the specific way of performing official task which is set by the office as per organizational objectIves for getting decision from authorized level.

The process of getting decisions from the authorized level in order to perform a specific official task as per the objectives set by office or organization is called office procedure.

Need of office procedure:

It is necessary for an organization to carry out the official activities following certain procedures. These procedures are adopted in a systematic way by considering rules and policies of the organization. The following points highlight the importance or need of office procedures:

Effective office performance

It provides a necessary guidance about official system. So , it supports to perform the official jobs in a simple and uniform way.

Brings flexibility

Office procedures involve the provision of flexibility in official activities. It is the reason that it supports to perform the organizational activities in a flexible and effective manner.

Support to subordinates

It involves necessary information of past and present performance of office. It provides support to involve the subordinate level staff in decision making process. It increases the commitment of lower level staff.

Develop participatory approach

It facilitates to develop participatory approach for solution of official problems. It considers the opinion , ideas and information provided by the subordinate level staff in decision making process.

Fulfill legal requirement

It involves systematic and safely preservation of valuable official documents in proper files. Whenever any documents are required to government officials it can be provided within proper time. Therefore, it facilitates to fulfill legal procedures and requirements.

Hope this helps...

Best regards!!!

I'd:4846539230

passcode Q9opl

or

fco-tthv-dvt​

Answers

Answer:

I'm guessing for a zoom?

Explanation:

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.


When doing career research online, you always want to make sure you are viewing a reliable source, what factors about the website do you want to consider?

Answers

Answer:

The factors about the website that you want to consider to make sure you are viewing a reliable source are:

-Expertise of the site: Check if the websites specialize in information related to careers to make sure they have knowledge about the topic.

-Well-known organization: Validate if the organization that manages the website is well established and is considered reliable.

-Date and author: Look for the date to make sure the information is up to date and avoid information with anonymous authors.

-Site's look: Consider if the website has a professional appearance as that can show that it could be reliable. However, other factors have to be taken into account.

Explanation: Edit: Thank you for brainliest!

Apple store at New York must place an order for the Air Pods and the Air Pods Pro with an annual demand of 1000 nos. and 1200 nos. respectively. The holding cost for both types of Air pods is $10. The ordering cost is as given below. Air Pods - $100 Air Pods Pro - $75 If this store follows the EOQ model to place orders, determine for both the types a) Economic order quantity b) Time interval between orders (in days) c) Number of orders made in a year Assume that the store is operating throughout the year.

Answers

a) The (EOQ) for Air Pods is 141.42 units, and for Air Pods Pro is 134.16 units. b) The time interval between orders for Air Pods is 51.21 days, and for Air Pods Pro is 40.69 days. c) The number of orders made in a year for Air Pods is 7.07, and for Air Pods Pro is 8.95.

To determine the economic order quantity (EOQ), time interval between orders, and the number of orders made in a year, we can use the following formulas:

a) Economic Order Quantity (EOQ):

EOQ = √((2 * Annual Demand * Ordering Cost) / Holding Cost)

b) Time interval between orders (in days):

Time Interval = (EOQ / Annual Demand) * 365

c) Number of orders made in a year:

Number of Orders = Annual Demand / EOQ

Let's calculate these values for both Air Pods and Air Pods Pro:

For Air Pods:

Annual Demand = 1000

Ordering Cost = $100

Holding Cost = $10

a) EOQ for Air Pods:

EOQ = √((2 * 1000 * 100) / 10) = √(20000) = 141.42 (approx.)

b) Time interval between orders for Air Pods:

Time Interval = (141.42 / 1000) * 365 = 51.21 days (approx.)

c) Number of orders made in a year for Air Pods:

Number of Orders = 1000 / 141.42 = 7.07 (approx.)

For Air Pods Pro:

Annual Demand = 1200

Ordering Cost = $75

Holding Cost = $10

a) EOQ for Air Pods Pro:

EOQ = √((2 * 1200 * 75) / 10) = √(18000) = 134.16 (approx.)

b) Time interval between orders for Air Pods Pro:

Time Interval = (134.16 / 1200) * 365 = 40.69 days (approx.)

c) Number of orders made in a year for Air Pods Pro:

Number of Orders = 1200 / 134.16 = 8.95 (approx.)

Therefore, for the Apple store at New York:

a) The economic order quantity (EOQ) for Air Pods is approximately 141.42 units, and for Air Pods Pro is approximately 134.16 units.

b) The time interval between orders for Air Pods is approximately 51.21 days, and for Air Pods Pro is approximately 40.69 days.

c) The number of orders made in a year for Air Pods is approximately 7.07, and for Air Pods Pro is approximately 8.95.

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If a unionized company has a(n) ______ shop, the workers do not have to join the union, and they do not pay dues or fees to the union.
managed

open

closed

union

agency

Answers

Closed I think.
I haven’t done this in a while

The workers do not have to join the union or pay the dues or fees to the union, only when there is an open shop owned by the unionized company. Hence, Option B is correct.

What is a unionized company?

There are two types of organizations, one is unionized and the second is non-unionized. Both the companies have employees. In a unionized company, the employees usually do not receive any kind of special or individual treatment from the employers. Whereas in a non-unionized company, the employees have the right to negotiate on their behalf of themselves and simultaneously an employer also has the right to treat the employees differently.

When a company is having a working culture of unionized pattern, the employees also belongs to the trade unions. There is a particular pattern of raising the pay that after the end of three years of duty, there will be a rise of almost 12%.

Thus, Option B is correct.

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18. Pilihan ganda
30 detik
1 pt
Which of the following best explains why many United States economists support free international trade?
It is more important to reduce world inflation than to reduce United States unemployment.
Workers are not affected; only businesses suffer.
The long-run gains to consumers and some producers exceed the losses to other producers.
Government can protect United States industries while encouraging free trade.

Answers

C: "The long-run gains to consumers and some producers exceed the losses to other producers." best explains why many United States economists support free international trade.

Many United States economists support free international trade because the long-run gains to consumers and some producers exceed the losses to other producers. Although some domestic industries may suffer in the short run due to increased competition from imports, free trade typically leads to lower prices, greater efficiency, and more variety for consumers. Additionally, free trade allows countries to specialize in producing goods and services in which they have a comparative advantage, leading to increased global efficiency and higher overall levels of economic output. Overall, free trade is seen as a key driver of economic growth and global prosperity.

Option C is the correct answer as it explains that the benefits of free trade outweigh the losses to certain producers, and this is the reason why many US economists support free international trade. The other options, such as reducing world inflation, protecting US industries while encouraging free trade, or stating that only businesses suffer, are either incorrect or incomplete explanations of the benefits of free trade.

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_________ involves system developers writing a business case to justify funding one or more specific applications or projects._________ involves system developers writing a business case to justify funding one or more specific applications or projects.

Answers

Answer:

The question is incomplete, the options are missing. The options are the following:

a) Breakeven analysis

b) The business case approach

c) NPV

d) ROI

And the correct answer is the option B: The business case approach.

Explanation:

To begin with, the concept known as "Business case approach" is a type of approach that mainly focuses in the supporting of certain topics for the company in order improve the processes of the organization and its work. Moreover, it gives support to the planning and investing process against outcomes that could harm the company. This type of concept is used mainly by the organizations in the transport sector so that they could use it as a guidance in order to seek for investment.

What do Investors use the income statements of organizations for?
Investors use income statements of organizations to calculate ____
1. Financial statements
2. Financial journals
3. financial ratios
such as the business's operating margin, and
1. Turnover ratio
2. Profit Margin
3. ROA

Answers

it would be financial ratios with ROA

Answer:

financial ratios and profit margins

Explanation:

Given the current status of the U.S. economy—a slow recovery from a severe, pandemic-induced economic downturn, relatively high unemployment, moderate inflation, and an enormous national debt level—what aggregate demand policy would you recommend as the single most important course of action needed to address the current status of the U.S. economy?
Why do you believe that your recommended course of action will be successful in improving the current performance level of the U.S. economy?

Answers

To address the current state of the U.S. economy, implementing expansionary fiscal policy through increased government spending and/or reduced taxes would be recommended. This can stimulate spending, boost aggregate demand, and improve economic performance.

Based on economic principles, during a slow recovery with high unemployment, a recommended aggregate demand policy would be an expansionary fiscal policy. This involves increasing government spending and/or reducing taxes to stimulate consumer and business spending, thus boosting aggregate demand.

Expanding government spending can create job opportunities, leading to increased employment levels. Reducing taxes puts more money in consumers' pockets, encouraging them to spend more, which can further stimulate economic activity. These measures aim to increase overall spending, leading to increased production, job creation, and economic growth.

The effectiveness of expansionary fiscal policy depends on various factors such as the magnitude of the stimulus, timing, and efficiency of spending. It also requires careful management to ensure fiscal sustainability and avoid excessive inflation or further accumulation of the national debt. Implementing such policies alongside measures to address structural issues and promote long-term economic growth can contribute to improving the overall performance of the U.S. economy.

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what is one way that monopolistic competition is similar to a monopoly? multiple choice question. both have a large number of sellers. both have some control over prices. both have a differentiated product. both have one seller.

Answers

The one way that monopolistic competition is similar to a monopoly  both have a large number of sellers.

What various forms of monopolistic competition exist?

The two types of equilibrium in this competition—short-run equilibrium and long-run equilibrium—define monopolistic competition as imperfect competition.

How does monopolistic competition work in 8?

Monopolistic competition describes a market where numerous businesses offer distinctive items. Differentiated products can be caused by the properties of the good or service, the place where it is sold, the intangible qualities of the product, and consumer perceptions of the product.

Railroad: Is it a monopoly?

A common example of a natural monopoly is the railroad industry. The introduction of a rival would be prevented or discouraged by the extremely high expenses of creating a network and installing track, as well as the costs of purchasing or renting the trains.

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Monopolistic competition and monopolies are similar in the sense that they both have some control over their respective prices. This is due to the fact that both market structures deal with differentiated products, thus giving firms some power over pricing.

Monopolistic competition and monopolies are similar in that both have some control over prices. In a monopoly, because there is only one seller, that seller sets the price. On the other hand, in

monopolistic competition

, while there are many firms, each firm has some level of control over its prices because of the differentiated products they sell. Therefore, the option 'Both have some control over prices' is correct. Differentiated products are those that have distinct characteristics which separate them from competitors. For instance, these can arise from

characteristics of the good or service

, the place from which the firm sells the product, intangible aspects of the product, and even customer perceptions of the product.

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A standard is a:??????

A standard is a:??????

Answers

Answer:

b

Explanation:

B is right no doubt about it

when a supervisor is prepared to lead a meeting, but others are unprepared to participate, the supervisor should _____..

Answers

When a supervisor is prepared to lead a meeting, but others are unprepared to participate, the supervisor should take proactive steps to address the situation. This includes setting clear expectations, providing resources and materials in advance, and emphasizing the importance of participants' contributions. If necessary, the supervisor can reschedule the meeting or allocate additional time for preparation.

In such a scenario, the supervisor needs to ensure effective participation by the unprepared individuals. They should clearly communicate the meeting's agenda, objectives, and any specific preparation requirements well in advance. By providing relevant resources and materials ahead of time, the supervisor enables participants to familiarize themselves with the content and come prepared to actively contribute.

During the meeting, the supervisor should emphasize the value of each participant's input and how it contributes to the overall success of the meeting. By highlighting the importance of their contributions, the supervisor encourages individuals to understand the significance of their preparedness and engage accordingly.

In summary, when facing unprepared participants, a prepared supervisor should establish clear expectations, provide resources in advance, and emphasize the importance of their contributions. Rescheduling or allocating additional time may be necessary to ensure an effective meeting where everyone is adequately prepared.

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i need to know whether the finance department will be working on the merger(see attached description) next week.

Answers

Based on the attached description, it is unclear whether the finance department will be working on the merger next week.

The description mentions that the merger is scheduled to take place in six months and that preparations are ongoing. However, there is no specific mention of the finance department's involvement or timeline for their involvement.

It is possible that the finance department has already completed their work related to the merger, or that their work will begin at a later date. It is also possible that the department will be involved in ongoing preparations for the merger.

Without further information or clarification, it is difficult to determine the finance department's exact role in the merger and whether they will be working on it next week.

It may be necessary to reach out to the department directly or consult with other stakeholders involved in the merger to gain a clearer understanding of their involvement and timeline.

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Use the drop-down menu to choose best job title for each example below.
Ana analyzes applications and talks with people who are applying for government assistance. Her job title is best
described as
Donald organizes records, answers phones and creates reports for a city council. His job title is best described as
Kim sorts letters and packages and delivers them to homes and businesses. His job title is best described as

Answers

Answer:

eligibilty interviewer

municipal clerk

postal service mail carrier

Explanation:

i just did the edunity

Answer:

eligibilty interviewer

municipal clerk

postal service mail carrier

Explanation:

A startup business estimates first-year revenues at $93,000. Their cost of
goods sold is estimated at $41,200. The following amounts are estimates of
operating expenses for that year: rent, $11,400; utilities, $1,080; salaries,
$18,000; advertising, $950; supplies, $500; insurance, $1,800; other, $350.
What are the total estimated operating expenses?
A. $34,080
B. $41,200
C. $75,280

Answers

ANSWER=A
So 93,000$ revenu , - 41,200$ , - 11,400 , - 18,000 , - 950$, -500 , -1800 , -350 so 18,800$ net profit. the answer is A.

Explanation:goods sold isn’t part of operating expenses.

which is the best tool to use when marketers are seeking to manage uncontrollable consumer behavior stimuli

Answers

The best tool for marketers to use when seeking to manage uncontrollable consumer behavior stimuli is Environmental Scanning.

Environmental scanning is the process of monitoring and analyzing external factors that can influence consumer behavior, such as social, economic, technological, and political factors. By understanding these factors, marketers can better predict and respond to changes in consumer behavior.
Identify key external factors: Marketers should start by identifying the key external factors that may affect consumer behavior. These factors can include demographic changes, cultural shifts, technological advancements, economic trends, and political or legal developments.
Gather information: Next, marketers need to gather information on these external factors. This can be done through various methods, such as conducting market research, reading industry reports, and staying up-to-date with news and developments related to the industry.
Analyze the information: Once the information has been gathered, marketers should analyze it to understand the potential impact on consumer behavior. This can help them identify trends, opportunities, and threats related to the external factors.
Develop strategies: Based on the analysis, marketers can develop strategies to adapt to the changing environment and better manage uncontrollable consumer behavior stimuli. This can involve adjusting marketing campaigns, modifying product offerings, or targeting new customer segments.
Monitor and review: Lastly, marketers should continuously monitor and review the external factors to ensure they remain aware of any changes that may affect consumer behavior. This will allow them to adapt their strategies as needed and maintain effective management of uncontrollable consumer behavior stimuli.
In conclusion, environmental scanning is the best tool for marketers when seeking to manage uncontrollable consumer behavior stimuli, as it enables them to understand the external factors that influence consumer behavior and develop strategies to adapt to these changes.

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You are the director of corporate partnerships from an athletics department or local professional team determine what inventory is part of sponsorship agreements and how they price their sponsorship packages.

Answers

When it comes to sponsorship agreements in the field of athletics, the inventory typically includes various assets that can be utilized by the sponsor to promote their brand or products.

Some common examples of inventory in sponsorship agreements are:
1. Logo Placement: Sponsors often have their logos displayed prominently on team uniforms, stadium signage, or even on equipment used during games.

2. Digital Assets: This includes the sponsor's logo appearing on the team's website, social media channels, or in promotional emails.

3. In-Game Promotions: Sponsors may have opportunities for on-field promotions, such as halftime shows, giveaways, or naming rights for specific areas of the stadium.

4. Hospitality: Sponsors may receive VIP access to games, pre-game events, or exclusive meet-and-greet opportunities with players or coaches.

5. Advertising: Sponsors may have commercial spots during televised games or radio broadcasts.

When pricing sponsorship packages, several factors are considered, such as the level of exposure, the reach of the team or event, the demographics of the audience, and the overall marketing value. Pricing can vary widely depending on the popularity of the team, the size of the audience, and the specific assets included in the package. In conclusion, sponsorship agreements in athletics include various inventory options such as logo placement, digital assets, in-game promotions, hospitality, and advertising. Pricing is determined based on factors like exposure, reach, audience demographics, and overall marketing value.

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APEX: Biology Sem1; Dry Lab 2.4.3

2. What is the name of the enzyme that breaks down:
a. Protein?
b. Carbohydrate?
c. Fat/Oil

Answers

Answer:

b. Carbohydrate?

Explanation:

Answer:

I attached my entire lab submission with all the correct answers. I got 50/50. Please don't plagiarize any of my answers, but you can reference them :)

Explanation:

(btw i know this is really late, but it could help others alkngkfjga)

Management career skills include managing _____. time personnel finances all of the above

Answers

The management career skills include:

Technical Skills. ...
Conceptual Skills. ...
Human or Interpersonal Skills. ...
Planning. ...
Communication. ...
Decision-making. ...
Delegation. ...
Problem-solving.

Please write a 4-6 sentence reflection on what you learned about college apps and paying for school today

Answers

Answer:

Im still standin

Explanation:

miller hardware paid an annual dividend of $1.10 per share recently. today, the company announced that future dividends will be increasing by 3.5 percent annually. if you require a 12 percent rate of return, how much are you willing to pay to purchase one share of this stock today?

Answers

You are willing to pay $0.982 for one share of this stock today if you require a 12 percent rate of return.

The Miller Hardware Company recently paid an annual dividend of $1.10 per share. Today, the company announced that future dividends will be increasing by 3.5 percent annually. To calculate the price you are willing to pay for one share of the stock today, you need to find the present value of the future dividends. The formula to calculate this is:


Present Value = Future Dividend / (1 + Required Rate of Return)Years


In this case, the Future Dividend is $1.10, the Required Rate of Return is 12 percent, and the Years is 1. Therefore:


Present Value = $1.10 / (1 + 0.12)1

Present Value = $1.10 / 1.12

Present Value = $0.982

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What was yesterdays Price? Whats todays Price?  
Find 5 stocks that you are interested in investing in. Give the company Name, Ticker Symbol, Share price today and What the Company does?

Pls do it pls I need it really needed it for today pls answer it

Answers

Answer:

The price is higher then it was yesterday

Explanation:

outline 4 reasons why most developing countries rely on extractive levels of production ​

Answers

Explanation:

The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.

Which element of design can be used to create emphasis or de-emphasis on a garment?

A

Space

B

Shape

C

Line

D

Texture

Answers

The element of design which can be used to create emphasis or de-emphasis on a garment is line.

The emphasis in elements of design is where the part of the design which tends to catche the viewer's attention. So, usually the artist will make one area stand out by contrasting it with other areas. Thus, the area could be different in color, size, texture, shape, etc.

Here, lines can be used to emphasize, setting particular information which is off in a busy composition and as well as drawing the eye to a particular area. Thus, they can be formed into shapes or frames.

Hence, option C is correct.

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URGENT !!! Scenario 3: The nation is currently experiencing a period of rising prices. Inflation is making consumer goods increasingly difficult to afford as wages have remained constant.



As a member of Congress, what changes would you suggest to fiscal policy to balance the budget and indirectly address inflation? Suggest at least two specific changes to revenue and expenditures.

What are the benefits and opportunity costs of the changes you propose? Consider the impact on economic growth, price stability, and unemployment.

Are the proposed policies contractionary or expansionary? Explain.

Answers

As a member of Congress, I would suggest two specific changes to fiscal policy to balance the budget and address inflation.

Increase revenue through tax reforms: Implementing measures such as closing tax loopholes, reducing tax deductions, or adjusting tax rates for higher income brackets can generate additional revenue for the government.  

Implement targeted spending cuts: Analyze the government's expenditure and identify areas where spending can be reduced without compromising essential services.  

The benefits of these changes would include improved fiscal stability, reduced budget deficit, and a more sustainable economic environment. By balancing the budget, the government can regain investor confidence, leading to lower borrowing costs and increased economic growth.  

The proposed policies can be seen as contractionary since they involve reducing government spending and increasing taxes. Contractionary policies aim to reduce aggregate demand in the economy to curb inflationary pressures.  

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Think of remote management in businesses today and the different technologies that are in use. explain advantages and disadvantages of the increased use of remote management, giving examples of each.

Answers

Answer:

well being remote leads to lonely ness and the cost of not working with your co- workers directly and hands on. but the advantage of remote is you dint have to be doing as much such as dressing up or so on.

Explanation:

hope this helps

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

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