In preparing a monthly bank reconciliation, a business follows several steps. Place the selected steps below in the correct order of occurrence.

Answers

Answer 1

The correct order to reconcile a monthly bank statement is:

1. Identify the bank statment balance then add any deposits in transit and subtract any outstanding checks.2. Compute the adjusted bank balance.3. Identify the company's book balance.4. Add any unrecorded credit memoranda from the bank, interest earned, and errors understating the book balance.5. Identify and list any unrecorded debit memoranda form the bank, service charges, and errors overstating the book balance.6. Compute the adjusted book balance and compare it to the adjusted bank balace to verify equality.

What is a Bank Statement?

This refers to the financial record that contains the transactions in a bank account over a period of time.

Hence, we can see that a business owner must follow different steps when preparing a monthly bank reconciliation and they are shown above.

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Related Questions

The girl with blue hat sits next to the tree



no change



The girl sits next to the tree with blue hat



With blue hat the girl sits next to the tree

Answers

is that a question or because i am a little confused

Ummm this doesn’t make sense

help me!!!
pllssss
thankk​

Answers

Answer:

which part of the question would u like help with and I can answer it for you. ask in different way

The function p is defined by p(h) = 2h+h. If
k>-2 and p(k)= P(-2), what is the value of k?
A) -1
B) 0
C)1
D) 2

Answers

Answer:

it's D

Explanation:

basta D di ako sure

(1) Farmer Ben has only ducks and cows 21 in total. He can’t remember how many of each he has. He knows
that the animals have a total of 52 legs. Assuming that each animal has all legs intact and no extra
limbs, how many of each animal does farmer Ben have? Draw a clear diagram to answer this question.

(2) On a merry-go-round, 12 horses are evenly spaced on the outside perimeter. Abe is opposite to the first
horse. It takes 4 seconds for the fourth horse to reach Abe. How long will it take the merry-go-round to
go around once? Draw a clear diagram to answer this question. Make a Diagram and solve this problem.


(3) Charmin’s daughter has $6.00 she wants to spend on a comic books and superhero cards. Comic books
cost 75 cents each, and deluxe packages of superhero cards cost $1.50 each. List all the ways she can
spend all of her money on comic books, superhero cards , or both.

(4) In how many ways can one add only three positive even numbers and get 22? Make a systematic list
and show all the possibilities.

THIS IS MY EXAM FOUR QUESTIONS CAN SOMEBODY PLZZ HELP ME AN SHOW THE WORK FROM THE BOTTOM OF MY HEART PLZZ

Answers

Answer:

Answer of question 1 :

Explanation:

Let x be the legs of ducks

And y be the legs of cows

According to the question,

2x + 4y = 52...…..(i) ( as ducks ahs two legs and as cows has 4 legs)

As he has 21 animals in total so,

x + y = 21...…..(ii)

We have make the equation. We will solve them by eliminatory method or substitution method. Here, I'll go for substitution method.

From equation (ii)

x = 21 - y....…..(iii)

Putting the value of x in equation (i),

2x + 4y = 52

2( 21 - y ) + 4y = 52

42 - 2y + 4y = 52

2y = 52 - 42

y = 10/2

y = 5 ( He has 2 cows)

putting the value of y in equation (ii)

x + y = 21

x + 5 = 21

x = 21 -5

x = 16 ( He has 16 ducks)

Mary and Keisha run with the same constant speed but in opposite directions. The girls have: A. The same position B. Different accelerations C. Different speeds D. Different velocities

Answers

Answer:

D

Explanation:

Mary and Keisha run with the same constant speed but in opposite directions. The girls have different velocities. Hence option D is correct.

What is velocity?

According to a particular point of view and a particular unit of time, velocity is the rate at which an object changes position while travelling in one direction. Velocity is a vector quantity. It has both a magnitude and a direction. Therefore, it alters whenever either the speed or the direction do. The meter per second is the accepted unit of magnitude for velocity.

One might refer to an object as accelerating if either the magnitude or direction of the velocity vector changes. An object moving in a circle at a constant speed can be said to accelerate because the direction of the velocity changes.  Although the object is moving at a constant speed, its velocity is changing. As a vector, velocity has a fixed magnitude but a fluctuating direction.

Thus, Mary and Keisha run with the same constant speed but in opposite directions. The girls have different velocities. Hence option D is correct.

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Bramble Corp. manufactures a product with a standard direct labor cost of two hours at $17 per hour. During July, 1100 units were produced using 2400 hours at $17.3 per hour. The labor price variance was $4120 F. $4120 U. $720 U. $3400 U.

Answers

Based on the standard price, the actual price and the actual hours, the labor rate variance for Bramble Corp. is $720 Unfavorable.

What is the labor rate variance?

Labor rate variance refers to the difference between the amount that a company budgeted to pay workers and the amount it will actually pay them.

The labor rate variance can be found as:

= (Standard price - Actual price) x Actual hours

Solving for labor rate variance gives:

= (17 - 17.30) x 2,400 hours

= 0.3 x 2,400

=  $720 Unfavorable

The Variance is unfavorable because standard price is less than actual price.

This means that the company incurred more costs with the labor than they anticipated and so the budgeted income will be less than the actual income thanks to the higher labor expenses.

In conclusion, the labor price variance for Bramble Corp. is $720 Unfavorable.

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Marisol is selling snacks at her school’s soccer games to raise money for a service project. She buys nuts in cases that contain 24 bags and granola bars in cases that contain 20 packages. She sells the nuts for $1.25 a bag and the granola bars for $1.75 a package. If she raised $160 and sold 112 items, how many cases of granola bars did Marisol buy?

Answers

Answer:

2 cases of granola bars

Explanation:

This is a classic system of equations type question.

24n + 20gb = 112 as she can only buy the items in these quantities and this is how many she bought in total

30n + 35gb = 160 as this is how much money she earns per case

I like to solve using elimination when possible. So we can multiply the first equation by 1.25

30n + 25gb = 140 then subtract this from the second equation

10 gb = 20 then divide by 10

gb = 2

U-U * i must say :O REEEeeeeeeeeee *gets thrown of window * levi: :P ha now stop texting -__- * * T^T am hiding for the love of god .....i hate meh bro

Answers

The advancement of uwueuwu is the correct answer

Answer:

h

Explanation:

You are assigned to teach a movement activity. How can you prepare for this? in early childhood education

Answers

Answer:

you can prepare by stretching and if your also setting up then you can put the stuff in place

rose are _____ viliot are ____


a. red and blue
B. apple and red

Answers

Answer= a (red and blue)

I hope this helps.

Uh a? Red and blue ye

Jackson has scores of 80, 90, 83, and 81 on four Math quizzes. What is the score he needs on the next quiz to achieve an average above 85?

Answers

I think his score on his math test is going to need to be in the range of 79-84 which will get him there.
Hope this helps sorry if I’m wrong and be safe out there!!

help help help help help esp​

Answers

I don’t know this language , sorryyyyy

PART A: Which of the following identifies the central idea of the text?
A. Studies show that motherhood does not get easier as soon as many believe, due to stress and feelings of dissatisfaction mothers often experience during the middle school years.
B. Studies show that the satisfaction of mothers is at an all-time low in the years following the birth of their child due to feelings of exhaustion.
C. Studies support the belief that mothers’ feelings of exhaustion and dissatisfaction improve greatly when their child matures during puberty.
D. Studies show how the experience of motherhood greatly varies from mother to mother, and therefore the most difficult time of motherhood cannot be determined.

2. PART B: Which section from the text best supports the answer to Part A?
A. “In the early years, when motherhood is often portrayed as especially demanding, mothers reported high levels of parenting ‘overload.’” (Paragraph 6)
B. “By the time children reached adulthood, mothers reported significantly lower levels of parenting overload and guilt but maintained relatively high levels of parenting satisfaction.” (Paragraph 7)
C. “It was between these two periods that mothers reported the highest levels of dissatisfaction with parenting, with mothers of middle-school children representing the peak.” (Paragraph 8)
D. “Importantly, these trends reflected group averages; there was considerable variation in the experiences of individual mothers.” (Paragraph 9)

3. PART A: What is the meaning of “rosy” in paragraph 1?
A. knowledgeable
B. unrealistic
C. validating
D. optimistic

4. PART B: Which detail from the text best supports the answer to Part A?
A. “from more than one slightly more-seasoned mom” (Paragraph 1)
B. “It’s a message of hope and encouragement” (Paragraph 2)
C. “a recognition of how hard some aspects of early motherhood can be”
(Paragraph 2)
D. “But according to new research, it might also be wrong.” (Paragraph 2)

Answers

Answer:

1. A

Explanation:

Common lit

Studies show that motherhood does not get easier as soon as many believe, due to stress and feelings of dissatisfaction mothers often experience during the middle school years. The correct options are A, C, D, and D respectively.

What is central idea?

The central idea is the story's central, unifying element, which connects all of the other elements of fiction used by the author to tell the story.

The central idea is best described as the story's dominant impression or the universal, generic truth.

The section “It was between these two periods that mothers reported the highest levels of dissatisfaction with parenting, with mothers of middle-school children representing the peak” best supports the answer to Part A.

The meaning of “rosy” in paragraph 1 is optimistic.

The detail from the text best supports the answer to Part A is “But according to new research, it might also be wrong.”

Thus, the correct options are A, C, D, and D respectively.

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What do the arrows at point 3 indicate

Answers

There is no picture in the question you asked but the answer is cool air is above water

Answer:

air cool

Explanation:

im taking the test

Refer to Table 7-3. If you have a ticket that you sell to the group in an auction, what will be the selling price

Answers

If I have a ticket that I sell to the group in an auction, what will be the selling price slightly above $50.

What Is auctioning?

An auctioning is the selling   whereby  buyers compete for an asset by placing bids.

In the  Auctioning process are been  conducted both live and online, for instance, in the the sale of a company the bidders  will  compete with each other to win.

Hence,  If I have a ticket that I sell to the group in an auction, what will be the selling price slightly above $50.

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C=5/9 (F−32)

The equation above shows how temperature F, measured in degrees Fahrenheit, relates to a temperature C, measured in degrees Celsius. Based on the equation, which of the following must be true?

A temperature increase of 1 degree Fahrenheit is equivalent to a temperature increase of
5
9
degree Celsius.
A temperature increase of 1 degree Celsius is equivalent to a temperature increase of 1.8 degrees Fahrenheit.
A temperature increase of
5
9
degree Fahrenheit is equivalent to a temperature increase of 1 degree Celsius.
A) I only
B) II only
C) III only
D) I and II only

Answers

Answer:

the answer is d

Explanation:

Answer:

I think is c

Explanation:

hope this helps

An HR manager of a chain of daycare centers needs to hire a new regional manager. As part of the recruitment process, he is reviewing his campany's skill bank and the performance appraisals of the managers of serveral local centers. The HR manager's actions suggest he is considering
A hiring internally
B hiring externaly
C outsourcing the position
D resourcing the position

What could be the opinion of employees if their employers hires externally while downsizing?
A this company doesn't care about its employees.
b this company is very competitive in the market
C this company is braking the law
D this company should have hired an employment agency

A (n) consists of the total number of individual who have applied for a certain job

A employee inventory
B PPO
C applicant pool
D value chain

You are an HR consultant. Which of the following would likely be one of your suggestions for measuring the effectiveness and success of a company's recruitment plan?

A judge the general atmosphere in the work environment
B evaluate the HR managers
C determine the ratio of managers to non
D assess the results of various recruitment strategies used

Optimum Tech i looking to hire a manager for its research and development. One of the major requirements for this position is that the person hired is able to fully assume job responsibility day 1 without too much orientation. Which of the following would probably be the best HR decision?
They should seek an external candidate for the position
They should seek an internal candidate for the position
they should conduct a hiring analysis

A company is hiring for several positions, Predict what would happen if they offered potential employees the opportunity to work a flexible schedule.
More qualified employees would apply
more single parents would apply
Less internal candidates would apply
less external candidates would apply

Speedy trand is developing a personnel recruitment plan. The human resource department has forecasted the company's personnel needs, built an impressive pool of internal and external candidates, and developed an application to begin screening those applicants, The first thing they check for is an applicants age, since they dont want people who would be close to retirement. What could likely result from their process?
They could be sued for failing to comply with employment laws
they could be mandated to create an electronic application
they could have trouble identifying applicants with criminal record
they could have to outsource jobs.

Which of the following should a company do before analyzing its competency gaps
Forecast future staffing needs
outsource less critical positions
determine the skills of its current employees
consult an employment law expert

Answers

What types of labor service did Cabeza de Vaca provide for the Indians? What does this reveal about the Indian economy?

a norm is a set of expected behaviors for a particular position

Answers

The statement 'a norm is a set of expected behaviors for a particular position' is False.

What is a norm?

A norm is a specific value and/or ideal adopted by society as true and established in its culture and costumes.

Norms are fundamental for the healthy functioning of a society and allows to establish parameters of development.

The true statement here is 'a ROLE is a set of expected behaviors for a particular position'.

In conclusion, the statement 'a norm is a set of expected behaviors for a particular position' is False.

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what force is a contact force?

Answers

A contact force is any force that requires contact to occur. ... Contact forces are often decomposed into orthogonal components, one perpendicular to the surface(s) in contact called the normal force, and one parallel to the surface(s) in contact, called the friction force. Hope this helps you

Answer:

It is any force that requires contact to happen. There is frictional force, applied force, and normal force.

1/12x-1/12y=13
1/3x-1/6y=20

Answers

Answer:

Explanation:

X=-36 and y is -192

How do the results of each of these analyses inform an organization's strategic plan

Answers

The subject of this exercise "Internal and external analysis in strategic planning"

What are the differences between internal analysis and external analysis?

Internal analysis refers to the identification and evaluation of different factors from within the business and how they can affect a business from meeting its set objectives.

On the other hand, external analysis is the identification and evaluation of different factors from outside a business that can hinder or help contribute to its success.

What do organizations typically analyze as part of an internal analysis, and why?

A few of the factors that entities analyze as part of their internal analysis include the ability of the organization's employees to be competent and competitive in acquiring markets for its products, as well as the costs that all of this will necessitate because these are variables from within the establishment.

What do organizations typically analyze as part of an external analysis, and why?

Providers, distribution companies, and consumers of the company's products and resources are some of the things that companies analyze as part of an environmental analysis because they are part of the outside world that gives an organization both possibilities to enhance output as well as threats that lag them behind.

How do the results of each of these analyses inform an organization’s strategic plan?

The outcomes of both internal and external analysis help a company's key plan by identifying its abilities as well as its weaknesses, opportunities, and threats through the SWOT analysis, so that an entity can seize opportunities to ensure their plans are met or deal with risks to guarantee their strategic plans are met.

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Full Question:

Discuss the differences between an internal analysis and an external analysis with respect to strategic planning.

What do organizations typically analyze as part of an internal analysis, and why?

What do organizations typically analyze as part of an external analysis, and why?

How do the results of each of these analyses inform an organization’s strategic

If a semi-circle was rotated about the y-axis, like the one shown below, what would be the resulting three-dimensional shape

Answers

If a semi-circle was rotated about the y-axis, like the one shown below, a sphere would be the resulting three-dimensional shape.

This is further explained below.

What is a sphere?

Generally, an object that has the shape of a ball, as well as a figure is formed in such a way that every point on its surface is the same distance from its center.

In conclusion, A sphere would be formed if a semi-circle was rotated around the y-axis like the one seen below.

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The complete question is attached below

whats Tommy's favorite color is his dads is green and moms is yellow
A. lime green
B. yellow snow
C. red
D. naruto​

Answers

Dattebayooo is the answer

How can you take a screenshot on an HP computer?

Answers

Answer:

hi! Its easy!

Explanation:

You have to press the Windows key and then press the prt sc press them at the same time

Answer:ou hit ctrl+shift+ a picture that looks like a rectangle with two lines next to it. Or you can hit ctrl+alt+ the picture again.

Explanation:

which of the following can lead to a distracted teen driver who engages in reckless driving

Answers

Answer:

texting and driving or not keeping your hands on the wheel at all times

Explanation:

Adam's income was increased by 5 percent in may. If he received 1102.50 in may, find his income in april

Answers

1050


Let’s call his April income y.
An increase of 5% is equal to 1.05.
y x 1.05 = 1102.5
y = 1102.5/1.05 = 1050

Which of the following is not included in a net worth statement

Answers

A statement or item which is not included in a net worth statement is: B. $50 per month for a gym membership.

What is a net worth statement?

A net worth statement is also referred to as a balance sheet and it can be defined as a type of financial tool that is designed and developed to show an individual's or business firm's financial position at a specific period of time.

This ultimately implies that, a net worth statement typically provides information about the financial position (dollar value) of what an individual or business firm own (assets) and what they owe such as liabilities or debts.

In Economics, the net worth of an individual or business firm can be calculated by using this formula:

Net Worth = Assets – Liabilities.

In conclusion, we can infer and logically deduce that "$50 per month for a gym membership" is a statement or item which is not included in a net worth statement.

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Complete Question:

Which of the following is not included in a net worth statement?

A.$300 in a checking account.

B. $50 per month for a gym membership

C. Balances on credit cards total $15,000.

D.$400 per month for school loans; the current balance is $25,000.

Psychology What is one source error associated with self-report inventories, and what is one of its solutions?

Answers

Answer:

one source error associated with self-report inventories is that some people aren't very self-aware or may jump to conclusions about their systems or disorders without taking a step back and assessing all of the possibilities. a solution to this would be having the assessment taker speak to a professional, or trying to make them report their symptoms as objectively as possible.

Explanation:

Answer:

One source error is deliberate deception, and one of its solutions is having a lie scale inserted into the assessment. Another source error is social desirability, and one of its solutions is locating questions sensitive to bias and changing or dropping them. Another source error is response set, and two of its solutions are using word variations and writing questions on the assessment in different ways.

Explanation:

sample answer on edge ;)

How do the result of Albert bandura’s experiment support zumbareis theories about immoral behavior

Answers

The results of Albert Bandura's experiment support Zimbardo's theories about immoral behavior because in his experiment he found out that people's aggression and evilness increased when they think they are anonymous and unidentifiable.

If there are fifteen crows on the fence and the farmer shoots a third of them, how many are left?

Answers

Answer:

i think its 10?

Explanation:

because 1/3 of 15 is 5 so 15-5=10

Other Questions
For the borax solution at 50 degrees C, no solid borax is present in the beaker. Five milliliters (5 mL) is transferred to the corresponding Erlenmeyer flask, and subsequently titrated with the standardized hydrochloric acid solution. How will this oversight in technique affect the reported Ksp of borax at 50 degrees C: too high, too low, or unaffected? Explain. Which of the following statements regarding mood symptoms is true?A. Symptoms related to reduced positive affect are hypothetically linked to serotonergic (and noradrenergic) dysfunctionB. Symptoms related to increased negative affect are hypothetically linked to dopaminergic (and noradrenergic) dysfunctionC. Symptoms related to reduced positive affect are hypothetically linked to dopaminergic (and serotonergic) dysfunctionD. Symptoms related to increased negative affect are hypothetically linked to serotonergic (and noradrenergic) dysfunction A cost-volume-profit (CVP) analysis models short-term profit (?B) as a function of all of the following variables except: Variable costs. Fixed costs. Output level. Gross margin. Sales volume. How much work is done by friction as the block crosses the rough spot? HELP!!!Match the descriptions below to the appropriate parts of the Constitution: Read the passage from a book about the United States flag.The flag of the United States is a horizontally positioned rectangular banner. Thirteen equal horizontal red and white stripes that begin and end in red adorn the flag and represent the 13 British colonies that declared independence from Great Britain in the 18th century. In the upper left-hand corner is a blue rectangle dotted with 50 white stars in nine rowsthe first and last of which hold six stars, with those in between consisting of five stars each. Each star represents one of the 50 states that currently makes up the union.What organizational pattern does the passage follow?descriptioncause and effectchronologicalcomparison and contrast various use and occupant conditions listed in the international building code and nfpa model codes require the installation of the fire alarm systems to be tied to: identify the equation that expresses the deflection at the free end. multiple choice yb=m0l24ei yb=m0l24ei yb=m0l22ei yb=m0l22ei A recent study has investigated the relationship between exercise and multiple sclerosis (MS). Results indicated that exercise produceda. less pain and fatigueb. poorer sexual functioningc. higher levels of energy and vigord. a and be. a and c T/F The cantaloupe-like terrain of Triton is tectonic in origin, much like the grooved terrain of Ganymede and Enceladus. A customer asked to see an expensive watch in a jewelry store. In conversation with the clerk, the customer falsely claimed to be the son of the mayor. When handed the watch, he asked if he could put it on, walk around a bit so he could see how it felt on his wrist, and then briefly step outside to observe it in natural light. The clerk agreed, saying, "I know I can trust someone like you with the merchandise." The customer walked out of the store wearing the watch and never returned. A week later, the clerk was at a gathering when she spotted the customer wearing the watch. She told him that he must either pay for the watch or give it back. He hissed, "You'll be sorry if you mess with me." Intimidated, the clerk backed off. The following list of crimes is in descending order of seriousness. What is the most serious crime the customer committed? Exercise 16-9 Cash flows from financing activities LO P3 a. Net Income was $479,000. b. Issued common stock for $71,000 cash. C. Pald cash dividend of $18,000. d. Pald $125.000 cash to settle a note payable at its $125.000 maturity value. e. Pald $125.000 cash to acquire its treasury stock. f. Purchased equipment for $95.000 cash. Use the above Information to determine cash flows from financing activities. (Amounts to be deducted should be Indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities Cash paid for equipment Issued common stock Net income Paid cash dividend Purchased treasury stock Exercise 16.9 Cash flows from financing activities LO P3 a. Net Income was $479,000. b. Issued common stock for $71.000 cash. C. Pald cash dividend of $18,000. d. Paid $125.000 cash to settle a note payable at its $125.000 maturity value. e. Pald $125.000 cash to acquire its treasury stock. f. Purchased equipment for $95.000 cash. Use the above Information to determine cash flows from financing activities. (Amounts to be deducted should be Indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities Net income Paid cash dividend Purchased treasury stock Repaid note payable Sale of treasury stock a rising rate of market interest would have which of the following impacts on a mortgage pass-through security? FILL IN THE BLANK a ________ is a systematic tendency to use, ignore, or interpret information about a target in a particular way that results in inaccurate perceptions. Individual reward systems encourage cooperation, joint efforts, and the sharing of information and expertise.(A) True(B) False Atom A donates an electron to atom B. Both atoms are now...Question 7 options:UsefulMetallicSafeCharged after prolonged and unpredictable stressful events, cortisol levels ____ and the feedback systems that control hormone levels in the brain may become ____ barry rich invested $5,000 of his personal income into his sole proprietorship, rich's farm. the effect of this transaction on rich's farm includes a(n) blank . (check all that apply.) multiple select question. decrease in owner's equity under the requirements for a statement of cash flow, what sections must be included in the statement? What is the value of c?