answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLEGan [10]
2 years ago
8

Malcolm has several receipts from recent transactions that he entered in his records. The receipts include an ATM receipt for an

$80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00. When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginning balance, what should his correct balance be?a. $624.50
b. $704.50
c. $755.50
d. $784.50
Business
1 answer:
Basile [38]2 years ago
6 0

Answer:

The answer is: B) $704.50

Explanation:

The ATM deposit and the paycheck deposit increase the account balance, while the grocery store receipt decreases the account balance.

Malcolm's initial account balance was                      $0

The ATM deposit adds                                             $80

The grocery store receipt deducts                  ($25.50)

<u>The paycheck deposit adds                                  $650 </u>

Account balance                                               $704.50

You might be interested in
For a honda accord, some factors shift demand left and others shift it right, as shown. classify each factor by how it shifts th
djverab [1.8K]

These are the factors by how it shifts the current demand curve to a new position:

Shifts left

- 2% rebate on a Toyota Camry, a substitute good  

- Big sale coming in three months  

Shifts right

- Free brake inspections

- Consumers' income increases by 10%

7 0
2 years ago
BBB Company has been a successful manufacturer of quality electronics products for the past 20 years. It is a publicly traded co
OverLord2011 [107]

Answer:

Answer 1.

Beneath referenced pointers show that organization arranged the liquidation for recent years or something like that.  

  • The way that there had been no interest in R&D for recent years which more likely than not brought about noteworthy cost putting something aside for the organization.  
  • BBB bought expanded size of stock on layaway from providers in recent years which is a warning.  
  • Indeed, even without bringing about any R&D cost for recent years, CFO of BBB moved toward the bank to expand the credit line of the organization and utilized all credit line without legitimate desk work.  
  • CFO erroneously guaranteed the brokers about new product offering so as to look for advances/increment credit line.  
  • Indeed, even with diminished deals, organization was indicating lower supply of stock. They more likely than not been offering the stock at cost to outsider or shrouded it at an undisclosed area to dupe the providers.  
  • With no interest in R&D and declining business possibilities, organization couldn't have given new offers for subsidizing  

Answer 2.

Yes, even if it is a fraudulent filing for bankruptcy, BBB organization despite everything can select to petition for financial protection or BBB can close the business through and through and escape with the reserve funds and continues from the offer of the stock. Indeed, even leasers and providers reserve the option to petition for automatic insolvency against the BBB in the event that BBB doesn't seek financial protection.  

It thoroughly relies upon the BBB Company, in the event that it selects to declare financial insolvency under section 7, or 11 of the liquidation code. Be that as it may, it is just under section 11 liquidation procedures of the chapter 11 court it very well may be set up that BBB's aim and untrustworthy strategic policies establishes to insolvency misrepresentation.

3 0
2 years ago
Elliot wants to open a checking account. He researched checking accounts at different banks near his house. List at least five b
Elena-2011 [213]
<h2>Five Benefits and Fees that may differ among account </h2>

As Elliot wants to open a checking account and is searching for best option at different bank which is near to his house. The possible benefits or fees that may differ among the checking accounts may include  

- A minimum amount of money to open an account.

- The cost/charges for a monthly statement.  

- Service charges for the local or international transaction.

- Monthly withdraw limitation, this may differ as per Elliot's age.

- An interest rate or overdraft fee charged from Elliot.

Once Elliot finds the best option he may open the checking account in the bank that suits him.

6 0
2 years ago
On Saturday, December 31, the company's owner provided ten hours of service to a customer. The company bills $100 per hour for s
Nikitich [7]

Answer:

Dr Account Receivable 1,000

Cr Service Revenue 1,000

Explanation:

Preparation of Journal Entry

Based on the information given we were been told the company's provided 10 hours of service to a customer in which they as well bills the customer the amount of $100 per hour for services they rendered on weekends and secondly we were told that the Payment made has not yet been received by the company and on December 31, the services were also not billed and recorded which means that the adjusting entry will be :

Dec. 31

Dr Account Receivable 1,000

Cr Service Revenue 1,000

(100 per hour x 10 hours of service)

7 0
2 years ago
An automobile manufacturing company has developed an electric car that uses sunlight to charge itself during movement. In the co
kaheart [24]

Answer:

c. technological

Explanation:

General environment of an organization refers to those facets of the environment which are not specific to just one organization but applicable to all, which affect an organization such as political factors, technological factors, economic factors, legal factors and cultural factors.

For example, political factors would relate to change in the political structure in which the organization operates. Legal factors would be change in laws and law amendments applicable to an organization.

Technological factors refer to changes in technology or technological advancements. Any invention would be categorized as a technological development as such aspects did not exist before.

Thus, this is a case of technological development.

6 0
2 years ago
Other questions:
  • Sandra has two credit cards, P and Q. Card P has a balance of $726.19 and an interest rate of 10.19%, compounded semiannually. C
    7·2 answers
  • In an election poll, 200 people were surveyed and 45% expressed their likelihood to vote for a particular candidate. the margin
    11·1 answer
  • BASICS OF CAPITAL BUDGETING You recently went to work for Allied Components Company, a supplier of auto repair parts used in the
    5·1 answer
  • If the price level doubled in a 23-year period, we can conclude that the average annual rate of inflation over that period was a
    5·1 answer
  • Rules of thumb rarely if ever lead to severe errors in the decision making process.a. Trueb. False
    6·1 answer
  • Rosalyn is a single mother with two children ages 3 and 5, and she lives paycheck to paycheck. She is trying to save money for a
    7·1 answer
  • Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $ 398 comma 930 due in 28 y
    11·1 answer
  • Oversight Inc.’s board of directors votes to empower corporate officers to make decisions regarding ordinary, daily corporate af
    14·1 answer
  • GMC is considering launching a new line of hybrid diesel-electric SUVs. The heavy advertising expenses associated with the new S
    6·1 answer
  • Perteet Corporation's relevant range of activity is 6,300 units to 12,500 units. When it produces and sells 9,400 units, its ave
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!