Q 7.13: a(n)________ requires a journal entry by the depositor.

Answers

Answer 1
A BANK SERVICE CHARGE requires a journal entry by the depositor.
On the other hand, the bank errors do not require a journal entry by the depositor.
A journal entry refers to an entry made inside a journal (a bank record). The bank service charge is always shown on the bank statement and on the last date of the bank statement.

Related Questions

Leaders should pay attention to the _____ more so than structural positions in leading organizational change.​

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Leaders should pay attention to the informal social networks more so than structural positions in leading organizational changeOrganizational structure is a formal system of task and reporting relationships that coordinates and motivate an organization's members so that they can work together to achieve the organization's goals.

When a firm's managerial resources are insufficient to take advantage of its new product and service opportunities, the subsequent bottleneck is referred to as the ________ problem?

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It's a Managerial Capacity problem (: 


Hope it helped!

As similar case studies, the cheyenne and the comanche are best depicted as examples of:

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The answer is convergent adaptation
convergent adaptation refers to a situation when individuals from different lineages  develop a similar feature for the purpose of survival. For the most part, this phenomenon is caused ecause both individuals are also exposed to similar external stimulus

The hospital where jack works has a step-by-step process for treating heart attack victims. this is an example of a(n) psychology

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The hospital where jack works has a step-by-step process for treating heart attack victims. This is an example of psychology algorithm.
We can define an algorithm as a set of procedures or steps that will solve a specific problem or if we follow these steps or procedures correctly we will complete a specific task.

At a particular store, candy bars are normally priced at $1.00 each. last week, the store offered a promotion under which customers purchasing one candy bar at full price could purchase a second candy bar for $0.50. a third candy bar would cost $1.00, a fourth would cost $0.50, and so on. if, in a single transaction during the promotion, rajiv spent d dollars on n candy bars, where d and n are integers, is n even?

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1 candy cost 1 2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer) 3 candies cost 1.50 +1 =2.50 4 candies cost 2.50+.50= 3 5 candies cost 3+1= 4 6 candies cost 4+.50= 4.50 7 candies cost 4.50+1=5.50 8 candies cost 5.50.+.50= 6 9 candies cost 6+1= 7 ..... 13 candies cost =10 (i) D is prime D=3 and N=4 (N is even) D=7 N=9 (N is odd ) not sufficient (ii) D is not Divisible by 3 D=1 N=1 D=4 N =5 D=7 N=9 D=10 N=13 so we see if D is not divisible 3 then N is always odd.

Expected benefits, which will result from implementation of the project and define success, establish

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Expected benefits, which will result from implementation of the project and define accomplishment, establishes that why the project is being done. The project objective should be within reach, precise and computable. The objective is usually defined with respect to end product or deliverables, plan and investment.

Alicia Keyes Company began the year with owner's equity of $280,000. During the year, the company recorded revenues of $375,000, expenses of $265,000, and had owner drawings of $30,000. What was Alicia Keyes' owner's equity at the end of the year?

Answers

Owner's equity = starting equity + revenues - expenses - withdrawals 

$280,000 + $375,000 - $265,000 - $30,000

Owner's equity is $360,000.

The owner's equity of Alicia Keyes' at the end of the year if company began the year with owner's equity of $280,000, revenue in the company is $375,000, expenses of $265,000 and owner drawings is of $30,000 is $3,60,000.

What is equity?

Equity is ownership of assets that may have debts or other liabilities attached to them.

What is revenue?

Revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.

What is expense?

An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs.

What are drawings?

Drawing refers to the action of taking funds from an account or company holdings for individual use.

Equity at the beginning [tex]=\$280,000[/tex]

Revenue [tex]=\$375,000[/tex]

Expenses [tex]=\$265,000[/tex]

Drawings [tex]=\$30,000[/tex]

The equity of the owner at the end of the year

[tex]=(\$280,000+\$375,000)-(\$265,000+\$30,000)\\=\$655,000-\$295,000\\=\$360,000[/tex]

Hence, the equity of the owner at the end of the year is [tex]\$360,000[/tex]

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The market rate is the rate used to calculate the actual cash payments made to bondholders.

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It is false that the market rate is used to calculate the actual cash payments made to bondholders rather it is the economic price for goods and services that is offered for them in free market or market place. It is also called a going rate, the market value or market price are equal only under conditions of market equilibrium and rational expectation.

True or false: gross domestic product (gdp) cannot be used to measure the economy’s income. true

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The answer in the given statement above is false because Gross Domestic Product has the capability of providing measurement when it comes to the economy’s income. It measures the goods that are produced and the services that are given in the course of one year where in it is concluded that it has the capability of measuring the economy’s income.

What is the Internal Revenue Service?

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The Internal Revenue Service is the nation's tax collection agency and administers the Internal Revenue Code enacted by Congress.



as a market moves from a single seller to a competitive one, a product's price _____.
A:stays the same
B:increases
C:decreases

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decreases i just answered this 

"the challenged law must be necessary to the fulfillment of a compelling government purpose." this is laid down for the:

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"the challenged law must be necessary to the fulfillment of a compelling government purpose." this is laid down for the full strict scrutiny.
Strict scrutiny is a type of legal or judicial review that courts use to decide the defendability of specific laws. The legislature must have passed the law to further a "compelling governmental interest," and must have narrowly tailored the law to accomplish that interest to pass this strict scrutiny.

Magnira corp., a manufacturer of hygiene and personal care products, launches a new toothpaste "tidy" that is more effective in maintaining oral hygiene than other brands. the advertisements of tidy provide highly valid research information. this is an example of _____.

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The advertisement of the new toothpaste "tidy" that provides highly valid research information is an example of scientific execution style. It is a type of marketing style that uses research or scientific evidence to give a brand superiority over competitors. The consumer gets scientific information about the product.

Zoey is just learning to read. it takes a lot of work for her to read even one sentence because she needs to sound out every word. after a while zoey will be able to read without thinking about the words. she will then be able to concentrate on the concepts of the text. _____ allows zoey to become a more skilled reader.

Answers

Automatization allows Zoey to become a more skilled reader. It literally means that the ability to read and understand words becomes automatic and she does not have to think hard in order for the action to happen.

Answer:

Automatization allows Zoey to become a more skilled reader. It literally means that the ability to read and understand words becomes automatic and she does not have to think hard in order for the action to happen.

Explanation:

What does mark musgrove enjoy about being a funeral director?

Answers

To inspire students to become involved in their government

Inmates who attain sufficient reading and writing skills for functional literacy may increase the possibility of:

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it may increase possibility of parole 

The first item appearing on the statement of retained earnings is what?

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the beginning balance of retained earnings

Assume the mpc is 2/3. if government spending decreases by $6 billion, equilibrium gdp will:

Answers

To calculate the decrease in the GPD, we will have to multiply the decline in the government's spending by the multiplier.

Since the MPC is 2/3, therefore, the multiplier in this case is 3.

Therefore:
if government spending decreases by $6 billion, equilibrium gdp will decrease by 3*$6 billion = $18 billion

Which of the following is the fee structure of Lots a Loot Bank?

Answers

i need to see all of it sorry for taking points but put all of the ? on there and ill do it

Answer:apex answer is: A monthly service fee of $.50 and a per-check fee of $.50

Explanation:

Which is an example of a short-term investment?

Answers

Examples of short-term investment are money market funds , savings accounts,treasury bill and  certificates of deposit (CD),.
An investment could be considered as a short-term investment if it is anticipated to be expired within the period of one year.
In most cases, short-term investment usually offer lower risk but the return wouldn't be as big as other form of investment

Based on the concept of investment, an example of a short-term investment is a certificate of deposit (CD).

What is a Certificate of Deposit?

Certificate of Deposit is a term that is used to describe the financial product offered by banks and credit unions where you deposit a fixed amount of a specific period typically ranging from a few months to a few years.

General, the Certificate of Deposit During earning interest on the deposit. Thus, the Certificate of Deposit reaches maturity which the owner can withdraw the initial deposit and the interest earned.

Hence, in this case, it is concluded that certificates of Deposit are considered short-term investments because they have a relatively short-time frontier compared to other investment options like stocks or real estate.

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What is the "raisin cake model" intended to explain?

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The raisin cake model was a design intended to explain the expansion of the universe based on the analogy of a raisin cake is cooked. The model is comparing to make the concept of the expansion of the universe easier to understand. As the raisin cake is baked, the cake expands, and the raisin is pushed farther apart. The cake is provided in fantastic proportions; the expansion looks similar no matter which raisin the observer sits on. Same goes for the expansion of the universe; the universe looks the same from every galaxy.

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As the raisin bread expands the raisins that are furthest from the local raisin became farther from the local raisin at a faster velocity than the raisins closer to the local raisin. This relates to how the universe is expanding and connects to Hubble's theory because Hubble discovered that galaxies are moving away from ours at a speed that is proportional to their distance from us. Basically the farther a galaxy is away the faster it moves away from our galaxies just like the raisins in the animation.  

The farthest raisin started off at 3cm away and after an hour was 9cm away. We can relate this to galaxies that are very distant to us for they are moving at a very fast velocity away from our galaxy.

Walmart has a lot of power and exerts strong influence on the suppliers they buy from. this channel power is an example of​ a(n) __________ vertical marketing system​ (vms).\

Answers

Answer: Administered Explanation: Of the three types of vertical marketing system; Corporate, Contractual and administered, the type used of by Walmart is due to its sheer size and they dictate the terms and conditions to the companies in an informal manner.

Neural networks have been used to distinguish between valid and fraudulent credit purchases because they can

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Neural networks have been used to ..................................... because they can DISTINGUISH BETWEEN VALID AND FRAUDULENT PURCHASES.
Neural networks is a computer system modeled on the human brain and the nervous system and which has been trained to distinguish between purchases. The network uses pattern from data to construct layer of logic which are hidden. This hidden layer is used to classify inputs based on the experience of the model. 

The _____ provides a board of directors to oversee the primary text-based newsgroups. big 6 management board big 12 management board big 10 management board big 8 management board

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The answer is the Big 8 Management Board. The former moderators of news.announce.newgroups (n.a.n.) formed the Board to make recommendations about how to go over the management of the Big-8 newsgroup hierarchies. They are a group of newsgroup hierarchies recognized after the Great Renaming during the rearrangement of Usenet that happened in 1987. Groups are added over a procedure of recommendation, debate, and voting. They are formerly known as the Big 7.

The Big 8 Management Board is responsible for overseeing the primary text-based newsgroups, mirroring the important oversight role of a corporate board of directors in representing shareholder interests.

The Big 8 Management Board provides a board of directors to oversee the primary text-based newsgroups. In the context of corporate governance, the role of the board of directors is crucial as they ensure that a firm is run in the interests of the true owners, the shareholders. Despite this, top executives often have a significant influence on selecting the board of directors, which can impact the effectiveness of corporate governance.

However, few shareholders have enough knowledge or personal incentive to nominate alternative candidates, which could lead to a lack of true oversight. The board is meant to be a safeguard that the company operates faithfully towards its investors' interests.

In south carolina, within how many days does the free-look provision allow the insured the right to return an individual insurance policy for full premium?

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Free-look provisions, as they are normally known, permit you to inspect an insurance policy after you've purchased it. If you don't like what you perceive, you can return it for a whole refund — as if you not ever purchased the insurance. These policies you can do this with differ by state, as does the total of time you have to pull out. In case of South Carolina, the length of time to return an individual life policy is 10 days and if sent by mail, it would be 30 days.

how does the concept of a balanced budget apply to state government?

A: Only the capital budget must be balanced
B: Only the operating budget must be balanced.
C: Both the operating budget and the capital budget must be balanced.
D: Neither the operating budget nor the capital budget must be balanced.

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Answer: only the operating budget must be balanced.

Answer:

only the operating budget must be balanced.

The total on the __________ should match the total on the bank deposit slip

Answers

Final answer:

The total on the cash receipts journal should match the total on the bank deposit slip, ensuring that numbers recorded in financial records align with the actual bank deposits for accurate accounting.

Explanation:

The total on the cash receipts journal should match the total on the bank deposit slip. When doing accounting or bookkeeping, it is important to ensure that the numbers recorded in your books align with the actual amounts being deposited in the bank. This step is part of reconciling your accounts, which is necessary for accurate financial reporting.

To reconcile, you would follow a process similar to this: sum up your columns for Exports, Imports, and Balance. The final balance number you arrive at is the current account balance. This should match the first number under Balance in your books. If these numbers do not match, you'll need to review your entries for any inaccuracies or discrepancies and correct them to ensure that your cash receipts journal reflects all transactions accurately.

Kristi sells purses. her cost is $35 per purse. on a certain day, she sells 12 purses, and her producer surplus for that day amounts to $180. kristi sold each purse for

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For a producer surplus of $180 coming from sales of 12 units, this would be the result from (180 / 12), or $15 per purse. Taking the cost she has to pay for each unit, $35, and adding the $15 surplus to each, this leads to a sale price of (35 + 15), or $50 per purse.

True or false fdr was eager to use deficit spending to end the economic crisis.

Answers

the answer would have to be true

The ability of a government to exert control over a person or corporation is called _____.

Answers

It is called a jurisdiction.
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