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inessss
18 days ago
15

In a _______ organization lower-level managers are empowered to make decisions which can ________ motivation and job satisfactio

n.
A) decentralized, decrease
B) decentralized, increase
C) centralized, increase
D) centralized, decrease
Business
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On October 31, 2018, Damon Company’s general ledger shows a checking account balance of $8,397. The company’s cash receipts for
Nady [3600]

Answer:

1.                                Damon Company

                     Bank Reconciliation Statement

                               October 31, 2018

Bank Balance                        

                                                                        Amount$

Bank cash balance as per statement             11,725

Add: Adjustment

       Deposits outstanding                               3,025

       (74,320 - 71,295)

       Bank error                                                  300

Less: Adjustment

         Check outstanding                                  1,485

         (72,467 - 70,983)

Bank balance as per Reconciliation              $13,567

Company's Cash balance

                                                                                   Amount$

Company's Cash balance as per General Ledger    8,397

Add: Adjustment

         Interest earned                                                    320

         Note collected                                                      5,000

Less: Adjustment

         Bank service fees                                                 150

Company's Cash balance as per Reconciliation         13,567

Thus, the accurate cash balance as of December 31, 2016 is $13,567

2. Required entries to modify the cash balance.

Date      Account Title and Explanation               Debit     Credit

31 Oct   Cash                                                            $5,320

                   Notes Receivables                                              $500

                    Interest revenue                                                 $320

              (For recording cash increase)

Date   Account Title and Explanation               Debit     Credit

31 Oct  Service charges                                        $150

                  Cash                                                                  $150

            (For recording cash decreases)

8 0
2 months ago
The United States Bureau of Labor Statistics (BLS) conducts the Quarterly Census of Employment and Wages (QCEW) and reports a va
stepan [3596]

Answer:

The answer to the question:

The United States Bureau of Labor Statistics (BLS) performs the Quarterly Census of Employment and Wages (QCEW) and provides extensive data for each county across America. For the third quarter of 2016, the QCEW shared the total taxable earnings, in millions, of all wage earners across 3222 counties in the U.S.[

contained in the attached document.

Explanation:

7 0
3 months ago
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