how to work out opening balance?​

Answers

Answer 1

Answer:

...

Explanation:

Answer 2

Answer:

Opening Balance (what you have in bank at the start) plus Total Income (what money comes in) minus Total Expenses (what money goes out) equals Closing Balance (what money you have left). The Opening Balance is the amount of cash at the beginning of the month (1st day of month).


Related Questions

who needs help with your work? if you need help just tell me in the thang blow.

Answers

Answer:

Not me.

Explanation:

Have a nice day.

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons

Answers

Answer: See explanation

Explanation:

Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:

1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.

2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.

3. Trade restrictions is vital on order to protect the strategic indutries.

4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.

Under the allowance method of accounting for uncollectible accounts, Group of answer choices the cash realizable value of accounts receivable is greater before an account is written off than after it is written off. Bad Debt Expense is debited when a specific account is written off as uncollectible. is debited when a specific account is written off as uncollectible. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off. Allowance for Doubtful Accounts is closed each year to Income Summary.

Answers

Answer:

how are the answer choices seperated

To determine what the customers of a clothing store think about the variety of clothing sold in the store, a manager hands out a survey to 100 teenagers chosen at random who visited the store.
Which of the following could affect the outcome of the survey?
A. The survey is biased because the manager did not give the survey to teenagers at other stores.
B. The results could be flawed because the sample population was too large.
C. The results could be flawed because the sample is not a good representation of the store's customers.
D. The results could be flawed because the teenagers were randomly chosen

Answers

Answer:

C. The results could be flawed because the sample is not a good representation of the store's customers.

Explanation:

I just took the quiz, I hope this helps (:

The results could be flawed because the sample is not a good representation of the store's customers because it onlu says only  a manager hands out a survey to 100 teenagers chosen at random who visited the store.

What do you mean by Sample?

A sample is an unbiased visual value taken from humans. In simple terms, a population is the total number of observations (i.e., people, animals, objects, data, etc.) contained in a particular group or context.

Thus, Option C is the correct statement that is The results could be flawed because the sample is not a good representation of the store's customers.

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Leadership effectiveness should be evaluated according to which of the following characteristics?

Does the leader keep the discussion focused on the issues?
Does the leader encourage critical thinking?
How well does the leader manage conflict in the group?
all of the above

Answers

Answer:all of the above

Explanation:

Hi, I'm Rashid. I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.

Namibia is a big country geographically, but in terms of population, it's very, very small. To put it in perspective, it has about one-fifth as many people as New Jersey, but it's 40 times larger. And, unlike New Jersey, it's very dry, and there are a lot of goats—a lot of goats.

One day, I was sitting in my house, in Namibia, reading a U.S. newspaper on my cell phone.

Oh, I should backtrack for a minute here. Yes, Africa has cell phones. In fact, every Peace Corps volunteer in Namibia has a cell phone, as well as every adult Namibian I knew, and most teenagers. Cell phone coverage reaches every major town in Namibia, and most of the minor ones, as well—even small villages.

And this isn't only Namibia. Cell phones are everywhere in Africa and even though one in four Africans has a cell phone, you rarely see anyone talking on them—you see, it's simply too expensive. Instead, everyone is text messaging. Text messaging, you see, is very cheap. For $10 U.S. dollars you can walk into a shop in Namibia, and walk out with a cell phone—not a very nice one, mind you, but a fully functional one—that has enough prepaid credit to send 100 text messages a day for three months.

–“A Story of a Peace Corps Volunteer in Namibia,”
Rashid Khan

Which key sentence from the passage identifies this text as a primary source?

A. “I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.”
B. “In fact, every Peace Corps volunteer in Namibia has a cell phone, as well as every adult Namibian I knew, and most teenagers.”
C. “Cell phone coverage reaches every major town in Namibia, and most of the minor ones, as well—even small villages.”
D. “For $10 U.S. dollars you can walk into a shop in Namibia, and walk out with a cell phone—not a very nice one, mind you, but a fully functional.”

Answers

Answer:

the correct answer is “I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.”

Explanation:

I took that quiz

The  key sentence from the passage that identifies this text as a primary source is “I served in the Peace Corps as an Information and Communication Technology Volunteer in the southern African nation of Namibia.”Thus the correct option is A.

What is Primary Source?

A primary source is referred to as the source from where the information obtained is first-hand or original. These sources have a direct connection with any event that took place important role in information.

The information given in the primary source is based on someone's real-life experience or someone who has faced the occurrence from very close so that they can provide accurate information about It.

The significance of primary sources is they are accurate and considered reliable and credible for any research as it closely associated with any event.

In option A, the pronoun used as "I" which is indicating that someone is sharing a life incident or information that is actually connected to him which is a trait of a primary source.

Therefore, option A is appropriate.

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What are the location factors of coca-cola? (Give me 2-4 factors)

Answers

Answer:

Labor Productivity: ...

Exchange rates and Currency Risk: ...

Costs: ...

Political Risk, Values and Culture: ...

Proximity to Markets: ...

Proximity to Competitor:

Which type of borrowing option would most likely result in the borrower
paying the highest amount of interest?
A. A card with a high compound interest rate
OB. A card with a low simple interest rate
ООО O
C. A card with a low compound interest rate
D. A card with a high simple interest rate

Answers

Answer:

A. A card with a high compound interest rate

Explanation:

it is most likely to result in the borrower

The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of _______________ skills valued by employers.
a. Trade
b. Technical
c. Critical
d. Automatic

Answers

Your answers should be B. Technical

Answer:

b. Technical

Explanation:

The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of technical skills valued by employers.

Match the action needed to increase profits with the reason a business might fail.
A small company, especially a store, usually has a better chance of succeeding if it is in an area with other businesses because it can draw in new customers.

A) poor management

B) competition

C) bad location

D) finances

Answers

Answer:

C, bad location

Explanation:

Competition is needed for a successful company otherwise monopolies rise and so can potential prices. The reason a business might fail is bad location so to counter this they can move to a more densely populated area.

Bad location is the action needed to increase profits with the reason a business might fail. The correct is option C.

Why is the location of a store important?

It's a popular belief that finding a decent location is essential for drawing clients. Supply and distribution are also made simpler at a conveniently positioned store. The ability of a retailer to sell itself and contend with the competition it faces from other businesses can be influenced by location.

The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the ideal work-life balance. A company's performance over the long run can be considerably improved by wise location choices. Poor ones can cost millions in lost capital, talent, and production.

Thus, the ideal option is C.

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During a performance evaluation, what should be discussed?"
Future goals and plans
The training process
The menu
Company mission and vision statements
Other:

Answers

Future goals and plans

In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover

Answers

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value.  Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.

which known factor affects prices in the financial markets?

current taxes
media speculation
gov’t policy
foreign countries

Answers

Current taxed if they are taxed more they can raise the price more

Answer:

I think it's government policy.

Explanation:

By the time I am answering the person who asked the question has already gotten a score. So could you please say what is the correct answer? thanks.

what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior

Answers

Answer:

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What is integrity

[tex]\color{Blue}\huge\boxed{Answer} [/tex]

C.The ability to come up with new plans or ideas

The cash price for a stereo system is $900. You choose to buy it on credit and give a $100 down payment, and the balance due is 24 equal payments of $42. Installment Total= $Total of Payments + Down Payment What is the total installment price?

Answers

Answer:

$ 1108 is the total installment price

Explanation:

Cash price for a stereo system = $900

Down payment made to buy stereo on credit = $ 100

Remaining amount after paying down payment = $900 - $100 = $ 800

Installment Total= $Total of Payments + Down Payment

Installment Total= $ 100 + 24 * $42 =$ 1108

Which of the following are examples of discretionary fiscal​ policy? ​(Check all that​ apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.

Answers

Answer:

The government provides stimulus funds to repair roads and bridges to increase spending in the economy

The president and congress reduce tax rates to increase the amount of investment spending

Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate

Explanation:

The following are examples of discretionary fiscal​ policy.

The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.

The correct options are A, C, and D.

What is discretionary and nondiscretionary fiscal policy?

Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.

These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.

Thus, the ideal selection is options A, C, and D.

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On January 1, 2018, Dexter, Inc. signs a 10-year noncancelable lease agreement to lease manufacturing equipment from Garr. (a) The agreement requires equal rental payments at the end of each year. (b) The fair value of the equipment on January 1, 2018 is $3,000,000. (c) The equipment has an estimated economic life of 10 years. Dexter depreciates similar equipment on the straight-line method. (d) At the termination of the lease, the title to the equipment will be transferred to the lessee. (e) Garr Co. set the annual rental to insure a 10% rate of return. (f) The yearly rental payment includes $10,000 of executory costs related to taxes on the property. From the lessee's viewpoint, what type of lease exists in this case? Question 13 options: Sales type lease Sales-leaseback Capital lease Operating lease

Answers

Answer:

This is a Sales type lease from the lessee's viewpoint.

Explanation:

A sales type lease from the lessee's viewpoint can be described as finance lease in which the title to the asset under lease will be transferred to the lessee at end of the lease.

From the question, it is stated in point (d) that at the termination of the lease, the title to the equipment will be transferred to the lessee.

This therefore indicates that this is a Sales type lease from the lessee's viewpoint.

John Park lives in Anytown, Missouri. He rents an apartment on Broad Street. He has one credit card with National Bank. He pays the balance on this every month, and he always stays within his $400 spending budget. In addition, he has one student loan, which he defers, since he is a full-time student. He has recently applied for a job at Happy Hamburgers.

Based on John’s profile, what information should he expect to find on his credit report? Check all that apply.

1. inquiries from his lenders, the apartment complex, and Happy Hamburgers
2. a note about delinquency from National Bank
3. a current account for his student loan
4. a current account with National Bank
5. a current account with Happy Hamburgers

Answers

Answer:

its 1,3,4,6

Explanation:

just told me on edg

A factory can produce cars and trucks. If the price of cars increases, then the supply of trucks will


stay the same
decrease
Increase

Answers

Answer:

decrease

Explanation:

repost because it got lost in a sea of questions)


The Wang sheng Funeral harbor had received coffins from their supplier. The director, Hu Tao decides to advertise them. Is this a good choice?

Answers

Answer:

No

Explanation:

If Hu Tao advertises them, then people will do their own funeral preperations and buy straight from the supplier, as will other companies. Then they won't make as much mora and who will pay Zhongli?

Wait...

Just remembered Childe exists, Zhongli will be fine.

hi thereeeeeeeeeeeeeeeeeeee

Answers

Answer: Hello nice to meet you!!!!!

Explanation:

Answer:

Periotttt yasss queen!!!

Explanation:

A master franchisee, in addition to having the right to open and operate a specific number of locations in a particular area, also has the right to ________. Group of answer choices stop making royalty payments if its sales decline offer and sell the franchise to other people in its area use its own operating manuals to run its franchise outlets stop making royalty payments if it is losing money sell products made by companies other than the franchisor

Answers

Answer: Use its own operating manuals to run its franchise outlets stop making royalty payments if it is losing money

Explanation:

A franchisee is a business owner who runs a franchise. The franchisee has some rights to carry out some activities. Some of those activities include using his own ideas to run the franchise although he still has to follow the original blueprint the franchise runs on.

Also, when things begin to get bad and there is a drastic reduction in sales he can slow down remitting money to the franchisor.

You drink 19 beers to celebrate the end of your risk management and insurance class, then have an accident while driving home from the bar. The police charge you with drunk driving, and with hitting another automobile from behind. What will your automobile insurer do when you file a claim for the damage to your car, and, what will it do when the injured people in the other car file claims to have their bodily injuries paid for

Answers

Answer: The insurer will pay for claims that was insured for or that which the insurance package covers.

Explanation:

Insurance could be described simply as a cover for damages done either in the present or future to be able to curb losses. Insurance companies offer various packages or insurance covers to the client, ranging from house, to cars and other various insurance cover. The insurance company will pay the claim for the accidents but this would be based on the particular claim that was insured for because the Insurance company won't pay for claim that wasn't insured, it would be a loss on their side

The overriding aim in building a management team should be to: A. select people who are committed to decentralizing decision making and empowering employees. B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution. C. choose managers experienced in controlling costs and flattening the organization structure. D. select people who have similar management styles, leadership approaches, business philosophies, and personalities. E. choose managers who believe in having a strong corporate culture and deeply ingrained core values.

Answers

Answer:

B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution.

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

Generally, the overriding aim in building a management team is to assemble a critical mass of talented managers who are able to typically function as agents of change while furthering the cause of first-rate strategy execution for the growth and development of a business firm or organization.

The House manufacturers two different skateboard models. The company produces products using standardized production runs. The company does very little product customization. The House uses what type of technology structure? Question 10 options: Service production Mass production Large-batch production Small-batch production Continuous process production

Answers

Answer: Mass production

Explanation:

Since the products produced by the company uses standardized production runs and very little product customization, the type of technology structure used is mass production.

Mass production refers to production of of large quantities of products which are standardized usually by using automation technology or assembly lines. Mass production brings about the efficient production of a huge amount of similar products.

What is the role of business in a global economy?

Answers

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

A free trade zone is an area where Group of answer choices black market trade is carried out under government supervision the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry ideas are exchanged in an academic setting to increase the academic activity of the country large open markets are set up in poor countries for the exchange of international currencies people bring agricultural products for trade and barter

Answers

Answer:

the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry

Explanation:

A free trade zone area is an area where goods are imported or exported without being subjected to the normal trade laws such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry.

the aim of a free trade zone is to increase and stimulate foreign trade

Advantages of a free trade zone area

1. it increases efficiency

2. it encourages competition. As a result of not restricting import, domestic product have to compete with foreign goods

3. it allows countries to specialise in the production of goods for which they have a comparative advantage

G Brown has the following items in her balance sheet as on 30 April 20X8: Capital £18,400;

Creditors £2,100; Fixtures £2,800; Car £3,900; Stock of goods £4,550; Debtors £2,780; Cash at bank

£6,250; Cash in hand £220.

During the first week of May 20X8

(a) She bought extra stock for goods £400 on credit.

(b) One of the debtors paid her £920 by cheque.

(c) She bought a computer by cheque £850.​

Answers

Answer:

b

Explanation:

A women sells a bead bracelet she made. She sold it to her sister.

Answers

Answer:

Is that the question????

Explanation:

If your asking a question a can you put the whole question.

Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."

What is the meaning of Money?

Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.

Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.

Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.

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how come ethics impact on psychology

Answers

Answer:

Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.

Explanation:

Discuss intellectual property frankly.

Be conscious of multiple roles.

Follow informed-consent rules.

Respect confidentiality and privacy.

Tap into ethics resources

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