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

True or False: You may contribute as much of your earnings as you choose to your employer-sponsored retirement plan
each year.
a) True
b) False

Answers

Answer:

Its false

Explanation:

because when I clicked true I got it wrong.

It is not true that we may contribute as much of our earnings as we choose to our employer-sponsored retirement plan each year. The correct option is b.

What is an employer-sponsored retirement plan?

An employer-sponsored plan refers to a type of benefit plan offered to employees at no or relatively low cost. These plans, such as a 401(k) or HSA, cover an array of services including retirement savings and healthcare. Employees who enrol in such programs capitalize on the benefit of receiving discounted services.

On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees. Sponsorship does not mean that an employer contributes funds to the plans, though they may match certain employee contributions.

In order to attract and retain workers as well as receive tax breaks and other incentives employers install these benefit plans.

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16. A type of card that allows the card holder to spend a certain amount of money without ever having to pay it back?

Answers

Answer:

Debit card

Explanation:

The nature of a company and its goals and products are defined by
O A. its vision, mission, and values statements
B. its annual report to stockholders
C. its brand image
D. its strategic and historical plan

Answers

Answer:

The Awnser is A

Explanation:

A companies goals and products are defined by its vision, mission, and values statements. Goals are achieved by having a organized plan (vision).

three goods or services provided by the government​

Answers

Answer:

public education, fire protection, police services,

Answer: Public Education, Interstate Highways, Postal Service

Carl's monthly take-home pay is $2,000 and his monthly rent is $500 if both his monthly take-home pay in his rent increase $100 what percentage of Carl's take-h...

Answers

Answer: 28.6%

Explanation:

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:

WILL GIVE BRAINLIEST! Why would someone choose to start a company as a Franchise rather than a Sole Trader or Partnership?

Answers

Answer:

Explanation:

The franchisee has the advantage of having an established brand that potential customers easily can recognize. On the other hand, the sole proprietor must develop his own brand and promote it through extensive, and possibly expensive, marketing campaigns.

You have three electricians. Electrician #1 works 20 hours and installs 30 lights. Electrician #2 works 30 hours and installs 35 lights. Electrician #3 works 40 hours and installs 40 lights. Which electrician is the most efficient in installing lights?

Answers

Answer:

electricians 1

Explanation:

This covers both the installation of new electrical systems and the modification of existing ones. These include installing new lighting fixtures, so a licensed contractor is required.

What is the role of electricians in installing lights?

To ensure that the light fixture will stay in place, they must make sure that it is securely fastened to the wall or ceiling.

In order for the light fixture to have the electricity it needs to function, they will also need to connect the electrical wiring to it.

Unless you have prior electrical experience, you should always hire a licensed electrician for any electrical installation, including installing a light fixture.

Therefore, Electrician #1 works 20 hours and installs 30 lights. Electrician is the most efficient in installing lights.

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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

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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A company purchased a machine for $190,000. The machine has an estimated useful life of 8 years and a salvage value of $10,000. It is estimated that the machine could produce 75,000 parts over its useful life. In the first year, 15,000 parts were produced. In the second year, 19,000 parts were produced. Using the units-of-activity/production method, what is the net book value of the machine at the end of the second year

Answers

Answer:

$108,400

Explanation:

The computation of the net book value of the machine at the end of the second year is shown below:

But before that the accumulated depreciation would be determined

For first year, the depreciation expense is

= ($190,000 - $10,000) × 15,000 ÷ 75,000

= $36,000

For the second year, the depreciation expense is

= ($190,000 - $10,000) × 19,000 ÷ 75,000

= $45,600

Now the net book value is

= $190,000 - $36,000 - $45,600

= $108,400

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.

A very low rate of inflation during a recession can lead to: A. a liquidity trap which makes fiscal policy more effective. B. a liquidity trap, which makes monetary policy ineffective. C. government budget deficits. D. a liquidity trap, which makes monetary policy effective. E. government budget surpluses.

Answers

Answer:

C. government budget deficits.

Explanation:

In the case when there is a very less inflation rate at the time of recession period so it would be considered as a government budget deficit as the revenue would be reduced during the recession time and at the same time the cost would be rised

Therefore as per the given situation, the option c is correct

And, the rest of the options would be considered as incorrect

14 Select the correct answer. Which marketing strategy is the most effective in the modern era? O A relationship marketing B. marketing mix OC. relationship marketing combined with the marketing mix D. considering the short-term Interests of society E. customer service Reset Next​

Answers

Answer:

the modern era? A. relationship marketing B. marketing mix C. relationship … ... mix. D. considering the short-term interests of society. E. customer service. 2.

Rick works off commission. He earns 10 percent of all manufacturing equipment he sells. If he made a sale of $9,000, how much was his commission?

$100
$90
$900
$9,000

Answers

Answer:

C. $900

Explanation:

Divide your 9000 by 10 and theres your answer 900

1. Give one example of professional behavior in a salon and how a cosmetologist could
demonstrate it."

Answers

Answer:

Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.

What kind of lights can be used to highlight merchandise while leaving the rest of the display space dimly lit or dark? _______ can be used to highlight merchandise while leaving the rest of the display space dimly lit or dark.

Answers

Answer:

Accent light can be used to highlight merchandise whilst keeping other space dark.

Explanation:

Answer:

Spotlights

Explanation:

Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $500 and her savings account is worth $900. She owns her own home that has a market value of $98,000. She has furniture and appliances worth $12,000 and a home computer and laptop worth $3,300. She has a car worth $12,500. She has recently purchased an annuity worth $5,500 and she has a retirement account worth $38,550. What is the value of her liquid assets

Answers

Answer:

$1,400

Explanation:

Calculation to determine the value of her liquid assets

Using this formula

Liquid Assets value =Checking account worth +Savings account worth

Let plug in the formula

Liquid Assets value=$500+$900

Liquid Assets value=$1,400

Therefore the value of her liquid assets is $1,400

Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software

Answers

Answer:

Ability to work well with a project team

Explanation:

Suppose Rob, an avid golfer, spent a total of $3000 on green fees for the 100 rounds of golf he played in 2018 and a total of $2800 on green fees for the 100 rounds of golf he played (on the same courses) in 2019. Rob's nominal consumption of golf in 2019 was _____ his nominal consumption level in 2018 and his real consumption of golf in 2019 was _____ his real consumption level in 2018.

Answers

Answer: less than; thesame as

Explanation:

Nominal values refers to the current prices for goods and inflation isn't considered in this case. Real values take inflation into consideration, and in this case adjustments are made for price changes.

Based on the information given, Rob's nominal consumption of golf in 2019 will be lower than his nominal consumption level in 2018 because he spent $2800 in 2019 and $3000 in 2018.

Also, his real consumption of golf in 2019 was thesame as his real consumption level in 2018 because played 100 rounds of golf in both years.

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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"Match the following terms with their definitions. Group of answer choices

Mission

A future-oriented declaration of the organization’s purpose and aspirations.

Vision

The beliefs of an individual or group, and in this case the organization, in which they are emotionally invested.

Values

The beliefs of an individual or group, and in this case the organization, in which they are emotionally invested"

Answers

Answer:

1. Vision

2. Values.

Explanation:

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

1. Vision: a future-oriented declaration of the organization’s purpose and aspirations. It's a path that guides an organization into achieving a certain height in the future.

2. Values: the beliefs of an individual or group, and in this case the organization, in which they are emotionally invested. It's simply the strength of an organization.

Additionally, a balance scorecard can be defined as a performance metrics used for measuring and assessing the quality of performance of a company. The four (4) performance metrics of a balance scorecard includes the following; customer, learning and growth, internal business processes, and financial.

Hence, this balance scorecard should be used to determine whether or not the operations of a business is in synchronization with its vision statement and values.

Submit Test 2 Select the correct answer. Martha has recently Jolned a finance firm. She barely requires any supervision or help to perform her work efficiently. Which expectation of her employer does Martha fulfill in the given scenario? ΟΑ. she malntalns professional decorum OB. she is self-motivated she is a team player OD she is reliable​

Answers

Answer: She is self-motivated

Explanation: Right on Plato

Answer:

B. She is self-motivated

Explanation:

got it right on plato

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve for yen shifts to the right. c. the demand curves for both yen and dollars remain constant. d. the demand curve for dollars shifts to the right.

Answers

Answer:

a

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

When inflation increases , the value of currency falls

As a result of the inflation, the value of japans currency would fall.

As a result, it would become more expensive to purchase dollars by those in japan. Thus the demand for dollar would reduce and it would shift to the left

You should write down everything a speaker says when you take notes. Please select the best answer from the choices provided T F

Answers

Answer:

the answer is false

Explanation:

it's tedious to copy everything a speaker says. you should paraphrase in your notes, and get the most important points.

Answer:

false

Explanation:

What is the difference between a co-payment and co-insurance?
(please write full complete sentences)

Answers

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

How much notice does the Worker Adjustment and Retraining Notification
(WARN) Act require employers give their employees when a facility is
closing?
A. 120 days
B. 90 days
C. 60 days
D. 30 days

Answers

Answer:60 days

Explanation:

ap3x

Answer:

The question may also ask:

The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of how many days before reducing a workforce?

The answer is still 60 days

Explanation:

a) From a one-way street, you USUALLY make a left turn from: the left curb lane. b) any lane if it is safe to do so. c) the two lanes closest to the left curb.​

Answers

Answer:

c

Explanation:

Careers in the Public Service cluster can help make a difference in the world but they can be tough careers to work in. Describe what a person who would love working in this field may be like.

Answers

Answer:

Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual

Explanation:

Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.

A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.

Henry wrote 24 checks in April. The bank charges $0.15 a check.
The monthly service charge for the checking account is $5. What
is the total of the fees Henry pays in April on his checking
account?

Answers

Answer: $8.60

Explanation:

Since Henry wrote 24 checks in April and the bank charges $0.15 a check, the amount paid on the check will be:

= 24 × $0.15

= $3.60

Furthermore, since the monthly service charge for the checking account is $5, the total of the fees Henry pays in April on his checking account will be:

= $5 + $3.60

= $8.60

Therefore, the total amount that Henry will pay will be $8.60.

Other Questions
Compare and contrast the frog's external anatomy with that of a mammal. State design advantages is has for its lifestyle. THE GIVER, PLZ HURRY, IM TIMED, WILL MARK BRAILIEST!!!* True or Folge: Mark T for True and F for False 1. The Ceremony of Ten involves haircuts T/F 2. Jonas' mother gives him a pill to stop his Stirrings. T/F 3 Gabriel will be released from the community T/F 4. Fritz, Jonas' neighbor, has a reputation of being very talented T/F 5 Members of Jonas' community get to choose their spouses T/F Escoge los hispanohablantes que son famosos por los deportes. (Choose ALL that apply.)Diego RiveraRafael NadalFrida KahloPablo NerudaRoberto Clemente I have a Question about something Which of the following best explains why Texas joined the Confederacy? aCotton was a major cash crop and slavery was legal in Texas bTexas was closer to Mexico and ranching was important to Texas cThere was a large German settlement in the Hill Country dThe Texas ports were blockaded by Union ships Which of the following is a run-on sentence?Michelle tried out for the track team every year; she didnt make the squad as a junior she did get chosen her senior year.Football is a team sport, yet no man on earth is lonelier than the guy who drops the ball in the end zone.He is such a great hockey player that you expect him to score whenever he takes a shot at the net.I wanted to be a gymnast but fearing heights, falling, and broken bones, I gave it up. What emergency powers has Congress given to the president in times of crisis HURRY A sphere and a cylinder have the same radius and height. The volume of the cylinder is 8 meters cubed. Yolanda found the volume of the sphere. A sphere with height h and radius r. A cylinder with height h and radius r. Her work is shown below. V = four-thirds (8) cubed. V = four-thirds (512). V = StartFraction 2,048 Over 3 EndFraction meters cubed. What is Yolandas error?Yolanda should have found the volume by multiplying 8 by Two-thirds.Yolanda should have found the volume by multiplying 8 by Four-thirds.Yolanda should have found the volume with the formula V = two-thirds pi (8) cubed.Yolanda should have found the volume with the formula V = two-thirds (8) cubed. Please help quickly! Find the area of the figure. THIS IS A THREE PART QUESTION IF YOU CAN HELP IT WOULD BE REALLY APPRECIATED SO I DONT FAIL. 1. If I add 2.65L of water to 245 grams of sodium acetate, what is the molarity of the NaC2H3O2 solution?A. 10.8 mB. 1.13 mC. 1.08 mD. 92.4 m2. If I add 2.65 L of water to 245 grams of sodium acetate, what is the % by mass of NaC2H3O2 in this solution? A. 8.46%B.1.12%C.10.8%D.9.25%3. If I add 2.65 L of water to 245 grams of sodium acetate, what is the mol fraction of NaC2H3O2 in this solution?A. 0.203B. 0.0846C. 0.108D. 0.0199 Circumference (Level 2) 100 POINTS!! zapata junior high is considering changing its school colors. the results of a survey show that 20 of 36 students are in favor of the change. which is the best prediction for the number of students in the entire body of 1,200 students who are in favor of changing the school colors?A. 50B. 400C. 660D. 530 Briefly explain how ONE event or development in the period 1945 to 1980 that is not explicitly mentioned in the excerpts could be used to support Westads interpretation. Guys Label answer and say 2)... 3)... Please provide an explanation to your answer. Giving brainliest to whoever has the right answer A spinner is divided into 12 equal sections numbered 1-12. What is the probability of landing on a section with a number that is less than 5? Anthony is practicing kicking field goals for his high school football team. He knows that the field goal is 10 feet off the ground. Part A: If he stands 40 feet from the field goal, how far must he kick the ball in order to make the extra point? Part B: Explain how you arrived at your conclusion. Decide whether to use the imperfect or the preterite form of the verb in the blanks below.Anoche (estar) ________ cuando mi hermano (caerse) ________. El (llorar) _______ mucho porque (quebrarse) ________ la mano. Mi mam (gritar)______ y yo (correr)______ por toda la case sin saber que hacer. Mi pap nos (llevar)_______ al hospital para que curaran a mi hermano. En el hospital yo (dormir)______ por horas mientras esperbamos. Toda mi familia (llegar)_______ para visitar a mi hermano. Mis abuelos (ir) _________ a la cafetera y (comprar)______ muchos dulces para nosotros. Al final yo tambin (enfermarse) ______ del estmago. Garrett can complete four laps around the track in 7 minutes and 45 seconds. How many FULL LAPS can he complete in 1 hour?