A check register shows a balance of $247.20 before writing three checks for $63.24, $31.54, and $86.50 . Compute the new cash balance shown in the check register
$65.92
You might also like to view...
Michael Porter identifies five different threats of competition for any business. Which of the following choices is not one of Michael Porter's five threats?
A. Substitutes B. Investors C. Rivals D. Suppliers
On a website advertising its LSAT preparation classes, The Princeton Review includes this sentence: Since 1998, more than 99% of our surveyed students have said they would recommend Law Preview to entering law students. This persuasive technique relies on ________
A) indirect benefits to the reader B) expert opinion C) facts and statistics D) problem description
Match the term with its definition. Some terms may not be used.
A. B. Per-unit savings gained from repeated production of the same product C. Allowing a company in another country to purchase the rights to manufacture and sell a company's products in international markets D. Selling a standard package of products, systems, and management services to a company in another country E. A strategy that involves accessing foreign labor through contracts with independent providers F. A combination of efforts and/or assets of companies in different countries for the sake of pooling resources and sharing risks G. Insights gained from experience that lead to improved work performance H. The company buying licensing rights I. The company selling licensing rights
At the end of the fiscal year, the usual adjusting entry to recognize accrued revenues was omitted. Which of the following is true?
A. total assets will be understated at the end of the current year B. the balance sheet and income statement will be misstated but the statement of stockholders' equity will be correct for the current year C. net income will be overstated for the current year D. total liabilities will be understated