Business, 16.11.2019 06:31 benjamenburton1
A company's bank statement balance is $ 3,400 and shows a service charge of $ 12, interest earned of $ 7, and an nsf check for $ 240. deposits in transit total $ 1,000; outstanding checks are $ 675. the company's bookkeeper erroneously recorded a check received from a customer as a $ 145 check when it was actually a $ 120 check. this created a book error of $ 25.
(1) what is the adjusted bank balance?
(2) what was the book balance of cash before the reconciliation?
Answers: 3
Business, 21.06.2019 13:00, Headahh9986
Fern corporation manufacturers a single product that has a selling price of $20.00 per unit. fixed expenses total $48,000 per year, and the company must sell 6,000 units to break even. if the company has a target profit of $14,000, sales in units must be:
Answers: 1
Business, 22.06.2019 11:50, adrianmelchor146
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
Business, 22.06.2019 15:00, WowOK417
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
A company's bank statement balance is $ 3,400 and shows a service charge of $ 12, interest earned of...
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