This topic contains a solution. Click here to go to the answer

Author Question: In the normal operation of business, you receive a check from a customer and deposit it into your ... (Read 128 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
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
Answer to Question 1

d

Answer to Question 2

FALSE




SO00

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
:D TYSM


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library