What is a deposit in transit?How does a deposit in transit affect a bank reconciliation?
What will be an ideal response?
Companies frequently leave deposits in the bank's night depository or make them on the day following the receipt of cash. Such deposits are called deposits in transit. Because these deposits have been recorded in the depositor's accounting records but have not yet been added to the depositor's account by the bank, they must be added to the unadjusted bank balance.
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During the close, how do you bolster the audience's confidence in you and your message one last time?
A) With a final introduction B) Using strong final remarks C) Ending with clarity and confidence D) Restating your main points E) By announcing the presentation close
One of the requirements to acquire property by adverse possession is intent to do so
Indicate whether the statement is true or false
A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit
What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year?
Last season, the local football team won 8 games and lost 2 and tied 1. What percent of the games did they win? (Round to the nearest whole percent)
What will be an ideal response?