What is involved in the process of reconciliation?
1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.
2) Make a list of deposits and credits, if any, that were made after the closing date on the statement or which have not cleared as of the statement date.
3) If the bank has paid interest to the account or taken out fees, record them in the register and check them off.
4) List outstanding withdrawals including checks, debits, and ATM transactions that have not cleared.
Answers: 3
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Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.
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Which steps would you take to determine how much an employee should be paid? select all that apply. determine the number of hours the employee was scheduled to work. determine the number of hours the employee worked. determine whether the employee worked overtime hours. determine whether any of the days worked are holidays that receive holiday overtime payment rates. determine the hourly rate this employee earns. determine whether this is a new employee.
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Business, 23.06.2019 08:00
If consumers start to believe they need a product, what is likely to happen? a. the demand becomes less elastic. b. the demand becomes more elastic. c. the supply decreases. d. the price decreases.
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What is involved in the process of reconciliation?
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