Occupational Safety and Health Administration (OSHA) was created to ensure healthy and safe work environments for all workers. Being that the factory did not offer adequate ventilation, the workers could be at risk for harm, and be in violation of OSHA standards.
Answer:
$6,240.
Explanation:
Reconciliation Statement
Bank balance before reconciliation $4,590
Add: Deposits in transit 2,600
Less: Outstanding Checks (950)
Reconciled Bank Balance at April 30, 2019 $6,240
Cash balance before reconciliation $6,320
Add: Interest Revenue 60
Less: Bank service charges (140)
Reconciled Cash Balance at April 30, 2019 $6,240
<u>Notes</u>
- Deposit in transit and Outstanding checks are already recorded in company's books but not yet recorded with the bank because these checks might have reached bank after working hours. So, we have to update the bank's record.
- We have to update the cash balance with the information that is with the bank and has been provided to us at the period end. This include the interest revenue, already updated in the bank balance, and bank service charges.
Answer:
c
Explanation:
a. Related goods can be complementray goods or substituted goods. In case of complementary goods, price of related good is inversely related to quantity demanded. In case of substituted goods, price of related good is directly related to quantity demanded.
b. It can be greater than 1.
c. It is always negative as relationship between price and quantity demanded is inverse.
d. It doesn't violate the law of demand
Answer:
The entries are as follows
To record estimated returns on Sales
Debit: Sales Refund Payable Account $131,400
Credit: Accounts Receivables $131,400
To record estimated Cost of Sales returns
Debit: Inventory Returns Estimated Account $77,700
Credit: Inventory on Sales on Returns $77,700
Explanation:
To derive the figure for Sales Refund payable for the year
6% of $2,190,000
=
= $131,400
To derive the figure for Inventory cost on Sales Refund payable for the year
6% of $1,295,000
=
= $77,700
Answer: The correct answer is "b. executing".
Explanation: Andrew is in the "executing" proccess stage.
In the execution phase Andrew must ensure that all the services contracted for the development of the activities fulfill their function and have the quality required to meet the needs and meet the contracted level.