What Amount Is Missing from the Check Register A) $1,54539
B) $2,775

question 41

Multiple Choice

What amount is missing from the check register?

$\begin{array} { | l | l | l | l | l | l | } \hline \text { Check \# } & \text { Date } & \text { Description } & \begin{array} { c } \text { Amount of } \\\text { Check }\end{array} & \begin{array} { c } \text { Amount of } \\\text { Deposit }\end{array} & \begin{array} { l } \text { Balance } \\\$ 2,390.85\end{array} \\\hline 1189 & 2 / 14 / \cdot \cdot & \text { SuperGem } & \$ 95.46 & & \$ 95.46 \\\hline & & \text { groceries } & & & \$ 2295.39 \\\hline & 2 / 15 / \cdot \cdot & \text { Deposit } & & \$ 750.00 & \$ 750.00 \\\hline & & & & & ? \\\hline 1190 & 2 / 16 / \cdot \cdot & \text { Bill's Auto } & \$ 135.19 & & \$ 135.19 \\\hline & & \text { car repair } & & & \$ 2910.20 \\\hline\end{array}$

• A) $1,545.39
• B) $2,775.01
• C) $3,045.39
• D) $3,054.39

Grasp the concept and importance of econometrics in economics.

Recognize the core topics of macroeconomics and microeconomics.

Identify logical fallacies in economic reasoning.

Understand the role of government policy in achieving economic objectives such as equity and stability.

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Definitions:

Income Summary Account

An account used in the closing process that summarizes the revenues and expenses of a period, ultimately transferring the net income or loss to retained earnings.

Accounting Period

The time span for which financial statements are prepared, typically a year, a quarter, or a month.

Actual Manufacturing Overhead

The real expenses incurred during the manufacturing process, excluding direct labor and raw material costs, such as utilities, depreciation, and maintenance.

Incurred

Refers to costs or expenses that have been realized or consumed in the course of business operations.