Answer:We use the Large Function. the general formula is =LARGE(first cell:last cell,3) .Please refer to the explanation section for details
Explanation:
Let us assume
A 1 = $1,250, A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600
Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;
=LARGE(A1:A2,3)
Answer:
Adjusting & Accrued Wages Adjusted Payment:
To record the outstanding payment of wages for 1 day following journal entry has been passed. The salaries cost account has been charged by an amount of (9 workers × $145) $1,305 and the account of wages payable has been credited with the same amount to adjust the journal entry as shown below:
Date: 31 Dec
Debt: Wage expense = $1,305
Credit: Wage Payable = $1,305
Accrued Wages of one day is recorded.
Answer:
add $36 to the book's balance.
Explanation:
Since in the question it is given that the check amount is $648 which is to be paid by the bank is recorded incorrectly in the company books for $684
So the difference of $36 would be added to the company book balance and no adjustment would be made in the bank balance
This addition would balance the both book balance and the bank balance.
I think that the answer is 24.69. i hope it helped :)
