The first step in posting either a debit or a credit entry from the journal to the ledger is to transfer the

a. amount.

c. account number.

b. explanation.

d. date.

If a bank has a required reserve ratio of 30 percent, excess reserves of $45,000,000, and deposits of $100,000,000, how much can the bank lend out? A. $13,500,000 B. $30,000,000 C. $43,500,000 D. $45,000,000 E. $145,000,000

What is marginal cost? total revenue plus total cost the cost of producing one more unit of a good the difference between fixed and variable costs total revenue minus total cost

Are there different laws for individuals and businesses?

A statistical model applicable when product demand or any other variable is not known but can be specified by means of a probability distribution is referred as

Consider the closed (no exports or imports) Latverian economy in which the consumption function is C = 300 + 0.75DI (where DI = Y - T is Disposable Income) and investment (I) is always $900.

Which program is not a cash-transfer program?

Parties more interested in managerial accounting data than in financial accounting data include

A researcher conducts a survey of people who use anxiety medications, recruited through an advertisement in the local paper. the researcher promises confidentiality, but accidentally leaves a folder of signed consent forms at a cyber cafe.

Osborn Manufacturing uses a predetermined overhead rate of $19.40 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $256,080 of total manufacturing overhead for an estimated activity level of 13,200 direct

A corporation has 44,904 shares of $26 par value stock outstanding that has a current market value of $238 per share. If the corporation issues a 5-for-1 stock split, determine the number of shares outstanding. Select the correct answer.