Business, 06.11.2019 23:31 bob8638

The following information pertains to blossom company. 1. cash balance per books, august 31, $7,424. 2. cash balance per bank, august 31, $7,388. 3. outstanding checks, august 31, $699. 4. august bank service charge not recorded by the depositor $51. 5. deposits in transit, august 31, $3,260. in addition, $2,576 collected for blossom company in august by the bank through electronic funds transfer. the accounts receivable collection has not been recorded blossom company. prepare a bank reconciliation at august 31, 2022. (list items that increase balance as per bank & books first.) blossom company bank reconciliation journalize the adjusting entries at august 31 on the books of blossom company. (credit account titles indent manually.) date account titles and explanation debit credit july 31 (to record electronic funds transfer received by bank) july 31 (to record bank service charge)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 02:30, maddielr17

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

Answers: 1

continue

Business, 22.06.2019 04:50, smeeden

Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.

Answers: 1

continue

Business, 22.06.2019 15:40, brashley

Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?

Answers: 2

continue

Business, 22.06.2019 21:10, kmacho9726

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Answers: 3

continue

You know the right answer?

The following information pertains to blossom company. 1. cash balance per books, august 31, $7,424....