David has a savings account and a home mortgage with a financial institution. Each year, this institution sends him a dividend check based on his accounts. Which of the following financial institutions is David using here?
a. commercial bank
b. savings institution
c. credit union
d. savings and loan association
e. mutual savings bank
e. mutual savings bank
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An advertising objective is a specific communications task and achievement level to be accomplished with a specific audience in a specific period of time
Indicate whether the statement is true or false
Which of the following is(are) examples of product mix depth?
A) hamburger and cheeseburger B) hamburger and apple pie C) Coke and Diet Coke D) A and C E) all of the above
Franklin Company's bank reconciliation as of August 31 is shown below. Bank balance $14,237 Book balance $13,162 + Deposit in transit 4,500 Bank service fees -50 - Outstanding checks -3,900 Note collected 1,725 Adjusted bank balance $14,837 Adjusted book balance $14,837 The adjusting journal entries that Clayborn must record as a result of the bank reconciliation include:
A. Debit Cash $4,500; credit Sales $4,500. B. Debit Misc. Expense $3,900; credit Cash $3,900. C. Debit Cash $1,725; credit Notes Receivable $1,725. D. Debit Notes Receivable $1,725; credit Cash $1,725. E. Debit Cash $50; credit Bank Service Fee Expense $50.
The following information is needed to reconcile the cash balance for Johnson Catering Services
" ¢ A deposit of $5,800 is in transit. " ¢ Outstanding checks total $1,100. " ¢ The book balance is $6,000 at February 28, 2017 • The bookkeeper recorded a $1,700 check as $17,300 in payment of the current month's rent. • The bank balance at February 28, 2017 was $17,230. • A deposit of $400 was credited by the bank for $4,000. • A customer's check for $3,200 was returned for nonsufficient funds. • The bank service charge is $70. What was the adjusted book balance? A) $18,400 B) $18,330 C) $18,470 D) $17,300