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irinina [24]
2 years ago
6

Bess wrote four checks last month, and these were the only transactions for her checking account. According to her check registe

r, her balance is $869.96, but the bank statement she just received says her balance is $1054.13. If the four checks were for $175.17, $175.35, $184.17, and $184.35, the check for which amount has not yet cleared?
A. $175.35
B. $184.17
C. $175.17
D. $184.35
Business
1 answer:
Rzqust [24]2 years ago
5 0
It looks tricky but its actually simple. Bank statement shows balance is $1054.13 while Bess check register shows $869.96. For us to know the amount of the check that was not approved is to get the difference of the bank statement and Bess check register. $1054.13 minus 869.96 is $184.17. Therefore, the answer is letter B.
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Answer:

$700

Explanation:

If a bond is issued at a lower price than the face value of the bond, then the bond is issued on the discount. This discount is amortized over the bond's life. This amortization will be expensed as Interest Expense.

Discount = Face value - Issuance price = $15,000 - $14,700 = $300

Bond's Life = 6 years

Amortization of discount = $300 / 6 = $50 annually = $25 semiannually

Coupon Payment = Face Value x coupon Rate = $15,000 x 9% = $1.350 annually = $675 semiannually

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Interest Expense = $675 + $25 = $700

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Answer:

Net Pay is equal to $1,474.19.

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<u>Particulars                                                           ($)                    ($)      </u>

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FICA Medicare (1.45% of Gross Pay)             (26.64)

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<u />

Therefore, Net Pay is equal to $1,474.19.

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Answer:

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