Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371.
To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined.
Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected.
Answer and Explanation:
The preparation of the bank reconciliation statement is presented below:
Balance as per bank $8,732.00
Add: Deposit in transit $3,500.00
Less: Outstanding checks -$1,486.00
Adjusted bank balance $10,746.00
Balance as per books $8,768.00
Add: EFT received from customer $2,023.00
10791.00
Less: Service charges -$45.00
Adjusted book balance $10,746.00
Thank you for posting your question her at brainly. Below is the solution I hope the answer will help you.
<span>Price of each share = $48.80
Broker fee per share = 48.80 * 0.03 = 1.4540
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$48.80 + 1.4540 = 50.2640
50.2640 x 30 = 1,507.92
Answer: disturbance handler; decisional; more through others.
Explanation:
As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she needs to fulfill many roles. Candace schedules employees for shifts at the front desk, in the dog play areas, and in the bathing and grooming rooms.
This is part of the disturbance handler role of management, which falls under the decisional component. To adapt to being a manager, Candace has had to get things done by working more through others.
Answer:
Interest expense to be recorded on Dec 31 2018= $8425
Explanation:
Lets first understand what adjusting entry is? Adjusting entries are entries passed at the reporting date in order to comply to the accruals concept of accounting. Accruals concept requires entities to record revenue and expenses in the period that they occur and should not wait until they are received or paid respectively. Revenues and expenses should be matched for the period and recorded.
Now that we have understood adjusting entry, lets calculate interest expense that should be recorded on December 31 2018. So Arch Services records interest payment on a semi-annul basis (i.e every 6 months). Now the bonds are issued on November (i.e two months to the reporting date), considering the accruals concept Arch Services will have to record interest for two months.
The interest expense is calculated as follows:
Annual Interest= $337000×15%
Annual Interest= $50550
Lets convert it into monthly basis as follows:
Monthly interest expense= $4212.5
Interest for two months would be = $4212.5×2
Interest expense to be recorded on Dec 31 2018= $8425
