Alexa had a negative balance in her checking account before depositing a $47.00 check. What is the new balance of Alexa's checking account?

Complete the adjusted trial balance.

Pixel Copies recorded a cash collection on account by debiting Cash and crediting Accounts payable. What will the trial balance show for this error? a. Too much for cash b. Too much for liabilities c. Too much for expenses d. The trial balance will not balance

a. How do you determine the balance of an account? b. The following information is for the Cash in Bank account on a single day. What is the balance of Cash in Bank at the end of the day? Beginning balance: $3,000 debit Transactions:$450 credit, $1,275 credit.$1,800 debit

Zero-balance account Union Company is considering establishment of a zero-balance account. The firm currently maintains an average balance of $420,000 in its disbursement account. As compensation to the bank for maintaining the zero-balance account, the firm will have to pay a monthly fee of$1,000 and maintain a $300,000 non–interest-earning deposit in the bank. The firm currently has no other deposits in the bank. Evaluate the proposed zero-balance account, and make a recommendation to the firm, assuming that it has a 12% opportunity cost.

John has a balance of $3000 on his credit card that charges 1% interest per month on any unpaid balance. John can afford to pay$100 toward the balance each month. His balance each month after making a $100 payment is given by the recursively defined sequence $$ B_0= $3000,\quad B_n=1.01B_{n-1}-100 $$ (a) Determine John’s balance after making the first payment. That is, determine $B_1$. (b) Using a graphing utility, determine when John’s balance will be below $2000. How many payments of$100 have been made? (c) Using a graphing utility, determine when John will pay off the balance. What is the total of all the payments? (d) What was John’s interest expense?

Credit Card Debt John has a balance of $3000 on his Discover card that charges 1% interest per month on any unpaid balance. John can afford to pay$100 toward the balance each month. His balance each month after making a $100 payment is given by the recursively defined sequence$B_{0}=$3000 \quad B_{n}=1.01 B_{n-1}-100$ Determine John's balance after making the first payment. That is, determine $B_{1}$.

What is the balance sheet identity?

ou and your friend want to balance a teeter-totter, but your friend is much heavier than you. How can you balance it?

If you had some money to invest, what stock would you choose? Why? Explain how you would make your stock choice(s). In other words, what criteria would you use to evaluate a potential stock purchase?

Which characteristics are the criteria for diagnosing borderline personality disorder? Select all that apply.

A. Periods of manic behavior
B. Recurrent suicidal behavior
C. Chronic feelings of emptiness
D. Compulsively performing ritualistic behaviors
E. A pattern of unstable and intense personal relationships

As of January 1, Retained Earnings had a credit balance of $314,000. During the year, dividends totaled$10,000, and the business incurred a net loss of $320,000.

b. Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance? Explain

Assume $x is deposited into a savings account. Blank Bank offers an annual rate of r% for y years. Thank Bank offers a rate of ry% for one year. Which earns more interest?

As of January 1, Terrace Waters, Capital, had a credit balance of $314,000. During the year, withdrawals totaled$10,000, and the business incurred a net loss of $320,000.

b. Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance? Explain.