This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the normal operation of business, you receive a check from a customer and deposit it into your ... (Read 117 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jul 5, 2018
In the normal operation of business, you receive a check from a customer and deposit it into your checking account.With your bank statement you are advised that this check for 775 is NSF.. The bank also informs you that due tothe amount of activity on your business account the monthly service charge is 75 . During a bank reconciliation,you will
 a. subtract both values from balance according to bank
  b. add both values to balance according to books
  c. add both values to balance according to bank
  d. subtract both values from balance according to books

Question 2

Retained earnings is the amount owners have invested in a corporation.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vish98

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

FALSE


SO00

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Maintenance of normal blood glucose levels. Maintenance of normal blood glucose levels.
Appendicitis. (a) A normal appendix. (b) An inflamed appendix in appendicitis. Appendicitis. (a) A normal appendix. (b) An inflamed appendix in appendicitis.
Mitosis + Check Points 3 of 5 Mitosis + Check Points 3 of 5
Double-check for any oil or vacuum leaks after starting the engine. Double-check for any oil or vacuum leaks after starting the engine.
This image shows a normal third-trimester fetal brain This image shows a normal third-trimester fetal brain
People with normal color vision see the number 29 in the chart; however, those who are color-blind c People with normal color vision see the number 29 in the chart; however, those who are color-blind c
Video: Hemoglobin's affinity with oxygen - carbon dioxide, temperature and bisphosphoglycerate (BPG)

For a complete list of videos, visit our video library