You have a checking account and a savings account at a credit union. Your checking account has aconstant balance of $500. The table shows the total balance of the accounts over time.TotalYear, tbalance$25001$25402$2580.80$2622.424$2664.86$2708.16a. Write a function m that represents the balance of your savings account after t years.m(t)b. Write a function B that represents the total balance of the two accounts after t years.B(t) =

The saving function gives a mathematical equation by representing relationship between fixed amount…

You have a checking account and a savings account at a credit union. Your checking account has a constant balance of $500. The table shows the total balance of the accounts over time. Total Year, t balance $2500 $2540 1 $2580.80 $2622.42 2 3 4 $2664.86 $2708.16 a. Write a function m that represents the balance of your savings account after t years. m(t) = b. Write a function B that represents the total balance of the two accounts after t years. B(t) =

You have a checking account and a savings account at a credit union. Your checking account has a constant balance of $500. The table shows the total balance of the accounts over time. Total Year, t balance $2500 $2540 1 $2580.80 $2622.42 2 3 4 $2664.86 $2708.16 a. Write a function m that represents the balance of your savings account after t years. m(t) = b. Write a function B that represents the total balance of the two accounts after t years. B(t) =

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Use the information from the attached image to answer questions 10 – 14. This is Mason's monthly bank statement and check register. What is the ending balance on the statement? Answers A. $1,352.61 B. $1,257.23 C. $1,241.66 D. $747.61 Question11. What is the total of the outstanding deposits? Answers A. $20 B. $625 C. $605 D. $8 Question12. What is the total of the outstanding withdrawals? Answers A. $130.95 B. $87.38 C. $8.00 D. $43.57 Question13. What is the revised statement balance? Answers A. $1,241.66 B. $1,277.23 C. $1,233.66 D. $1,352.61 Question14. What is the revised balance of the check register? Answers A. $1,198.09 B. $1,257.23 C. $1,233.66 D. $1,291.66
2a) You have an account at Bank A. Your last balance statement, which you can see on your bank account page, shows an ending balance of $520. This month you deposit $3120 in your account and withdrew $750. Then you had 3 withdrawals (from bills that were paid automatically) scheduled from your checking account, 3 of which clears. The amount that that have cleared totals $2300. The remaining transfer from checking account will total $180. You will pay a $35 monthly maintenance fee to the bank that month. What is the adjusted bank balance amount (accounting for the unclear transfers from checking as well)? Show work. 2b) What is the difference between a bank balance and an adjusted bank balance?
can you please do this question that is about the bank balance sheet to do assets and liabilities and income statement? please if you can do it per 1 hour?
The following is a partial balance table for a simple interest account that deposits the interest every year in the image. Find B(18). Round your answer to the nearest penny. Do not input the dollar sign. Input just the number. For example: 1524.32
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2. Use the checkbook and bank statement below to balance the checkbook. What is the total amount of the deposits that have not cleared the account yet? Number Date Description of Transaction Electric Company 988 7/18 989 990 991 992 7/20 7/21 7/21 7/20 7/24 7/21 7/21 7/22 7/24 7/26 Date CHECKING ACCOUNT: Monthly Statement Transaction O $0.00 Jake's Lawn Care $400.00 Deposit O$565.00 O$950.00 Flanders Restaurant Super Saver Food Gas Deposit Check Deposit Check Check Payment/Debit √ 89 96 50 49 127 26 00 87 45 78 . Amount Deposit/Credit 565 00 400 00 50.00 565.00 49.87 26.78 Balance 947 82 -89 96 857 86 -50 00 807 86 00 86 -49 87 1,322 99 -127 45 1,195 54 78 -26 1,168 76 +100 00 1,568 76 +565 1,372 Account Number: 40782634 Balance 947.82 897.82 1,462.82 1,412.95 1,386.17 CO