Refer to the following bank reconciliation:



Journalize the adjusting entry for the third reconciling item: NSF check. Omit explanation


Business

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For each of the items below, determine whether the items are temporary differences or permanent differences. Also, for each temporary difference, determine whether a deferred tax asset or deferred tax liability is created by the temporary difference described. Assume that each of the temporary differences described is an originating difference. Municipal bond interest 

Accrued warranty expense  Sales revenues received in advance  Prepaid insurance where the tax deduction in future years will be less than the book expense  Tax depreciation expense exceeds GAAP (book) depreciation expense  Accrued bad debt expense  The dividends received deduction  Sales revenue recognized currently for GAAP, recognized for tax purposes in future years)  Life insurance payments for executives for which the company is the beneficiary  Fines paid for law violations  What will be an ideal response?

Business

Retailers are increasingly using a technique known as efficient consumer response (ECR) in an effort to work more closely with vendors on stock replenishment

Indicate whether the statement is true or false

Business

Sally was recently assigned to an important advertising campaign for WonderCorp’s new project. She is usually the leader of cash operations and has not done any major advertising since she graduated from college three years ago. Sally is scared she might ruin the advertisement and create a bad name for the company. What is Sally’s reason for resisting change?

a. learning anxiety b. self-interest c. fear of loss d. uncertainty

Business

A unique activity that adds value, expends resources, has beginning and end dates, and has constraints and requirements that include scope, cost, schedule performance, resources and value best defines

A) project. B) task. C) activity. D) job.

Business