subject
Business, 25.10.2019 00:43 victoriahuntley12148

Anew accountant at tamarisk, inc. is trying to identify which of the amounts shown below should be reported as the current asset "cash and cash equivalents" in the year- end balance sheet, as of april 30, 2017.1. $66 of currency and coin in a locked box used for incidental cash transactions.2. a $10,900 u. s. treasury bill, due may 31, 2017.3. $290 of april-dated checks that tamarisk has received from customers but not yet deposited.4. an $92 check received from a customer in payment of its april account, but postdated to may 1.5. $2,890 in the company's checking account.6. $7,290 in its savings account.7. $66 of prepaid postage in its postage meter.8. a $36 iou from the company receptionist. what balance should tamarisk report as its "cash and cash equivalents" balance at april 30, 2017?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 15:00, natalie2sheffield
Landon mars, the company bookkeeper, recorded the $10,000 purchase of land as rent expense by decreasing cash and decreasing shareholders' equity. what is the effect of this error on the accounting equation
Answers: 2
image
Business, 22.06.2019 03:40, lexybellx3
Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production
Answers: 3
image
Business, 22.06.2019 09:40, nessross1018
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
image
Business, 22.06.2019 16:00, hany90
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
You know the right answer?
Anew accountant at tamarisk, inc. is trying to identify which of the amounts shown below should be r...

Questions in other subjects:

Konu
Mathematics, 29.08.2019 21:50