A company's bank statement shows a cash balance of $4,230. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $3,880, deposits outstanding of $1,230, NSF check of $300, and service fee of $50. Calculate the correct balance of cash.
What will be an ideal response?
$1,580
$4,230 ? $3,880 + $1,230 = $1,580.
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Which of the following statements about undifferentiated selling is true?
A. The undifferentiated selling approach allows salespeople to streamline their pre-call preparation and thus is growing in popularity. B. The undifferentiated selling approach allows salespeople to devote time to customers in proportion to the customer's potential value. C. Many door-to-door salespeople use the undifferentiated approach. D. Undifferentiated selling cannot be used in conjunction with a stimulus-response presentation. E. The undifferentiated selling approach is only useful if customers are heterogeneous.
What is the most popular way for an exporter to finance its accounts receivable?
What will be an ideal response?
How many witnesses are required for a nuncupative will to be valid?
A. one B. two C. five D. seven