What did this cost you

Assignment Help Financial Accounting
Reference no: EM132830617

Question - You forgot to balance your checking account, and you added a check to your register instead of subtracting the check from your balance. This would typically lead to three separate overdraft charges of $32 each. However, your bank has your checking account set up so that money is transferred from your savings account to your checking account for a $1.70 fee to cover any overages. You had two separate transfers to cover your checks. What did this cost you?

Reference no: EM132830617

Questions Cloud

Explain concept of market efficiency in stock exchange : Explain the concept of market efficiency in stock exchange? Explain the different sorts of risk to the financial intuitions.
Provide factors that could influence media buying decisions : A) Provide factors that could influence Media buying decisions B) Develop the scorecard of this organisation to evaluate the performance of media implementation
Discuss specific items the auditors must communicate : Access AS 1301 Communication with Audit Committees. Discuss specific items the auditors must communicate with the audit committee before the audit begins.
Project management important in operations management : How is Project Management important in Operations Management? How is using PM tools beneficial in a professional life?
What did this cost you : This would typically lead to three separate overdraft charges of $32 each. What did this cost you
Analyze the importance of warehouses : Analyze the importance of warehouses and how to increase its productivity?
Calculate the required sample size : Calculate the required sample size. Adam William wishes to use mean-per-unit sampling to evaluate the reasonableness of the book value
Investigate the types of research methods used in the papers : Find research papers in your chosen professional field and investigate the types of research methods used in the papers. What questions are the studies.
Discuss importance of contracts in international management : What steps must a manager take to ensure a valid and enforceable contract?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find what is stock price according to the constant growth

2.82 percent, and the required rate of return on this stock is 8.13 percent. What is the stock price according to the constant growth dividend model?

  Identify any principles of internal control

Identify any principles of internal control that may be violated, your recommendations to increase controls (both receipts, disbursements, and general)

  Compute company net business income for tax purpose for year

Compute company's net business income for tax purposes for year ending December 31, 2019 before the consideration of CCA. It is NOT necessary

  Calculating the total withholding deposit

CycloCorp is calculating the total withholding deposit for all its employees at the end of its pay period. CycloCorp has $3,455.00 of federal withholdings for its employees. It also has a total of $231.54 of Medicare withholdings and $988.72 in Socia..

  Determine the total depreciation expense for the three years

Determine the total depreciation expense for the three years by each method. Round the final answers for each year to the nearest whole dollar.

  What amount should the note payable be reported in december

At what amount should the note payable be reported in Roth's December 31, year 1 balance sheet?

  Determine how financial statements are impacted under ifrs

Review and discuss what the general rules are under US GAAP (ASC 718) and under IFRS (IFRS 2) for stock options that are granted with a "repurchase feature".

  What were the benefits of implementing an edw at isle

What were the benefits of implementing an EDW at Isle? Can you think of other potential benefits that were not listed in the case?

  How would you reply to your coworker consider the following

how would you reply to your coworker? consider the following items in your discussion1.do the tools help only in

  What interest rate would need to be earned

What interest rate would you need to be earned in order to accumulate a total of $1,000,000 in 30 years, by adding $8,000 annually?

  Determine the book value of the liability

The bond will have a face value of $10,882,257.24, Determine the book value of the liability associated with the two financing alternatives on January 1, 2021

  Prepare the accounting entries to record the issue

Prepare the accounting entries, including narrations, to record the issue of convertible notes on 30 June 2018 and the interest payment on 30 June 2019

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd