Business, 16.11.2019 06:31 briannasineiro7937

The cash account for santiago co. on may 31 indicated a balance of $20,915. the march bank statement indicated an ending balance of $25,645. comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items:
a. checks outstanding totaled $5,975.
b. a deposit of $3,796 had been made too late to appear on the bank statement.
c. a check for $1,482 returned with the statement had been incorrectly recorded by the company as $482. the check was originally issued to pay on account.
d. the bank collected $4,515 on a note left for collection of which $515 was interest revenue.
e. bank service charges for may amounted to $70.
f. a check for $894 was returned by the bank because of insufficient funds.
required :
prepare a bank reconciliation as of may 31. journalize the necessary entries.

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Answer from: erickcastillo9124

See attached picture

Explanation:

Bank statement is a statement prepared by bank. The company also, maintains its own records. This is the reason the cash balance per bank and cash balance per books seldom agree.

Bank reconciliation is the statement prepared by companies to remove disagreement between cash balance per bank and cash balance per books.

In here we are to calculate bank reconciliation for Satiango co.

Below are the attached picture. But, in this case the adjusted balance as per bank is not equal to the adjusted balance per books.

The cash account for santiago co. on may 31 indicated a balance of $20,915. the march bank statement

Answer from: Quest

sound is invisible, but sometimes we can feel it. when a kettle-drum is thumped with a stick that time the tight drum skin moving up and down very quickly for some time and then it pumped sound waves into the air. loudspeakers also work in a similar manner.

components of a speaker:

electromagnet

in order to translate an electrical signal into an audible sound, an electromagnet is used in looudspeakers

suspension

suspension is used to center the voice coil in the gap of the magnet and it exerts a restoring force to keep it there. suspension is used to limits the maximum mechanical excursion of the diaphragm and voice coil.

voice coil

voice coil is a coil of wire which is attached to the apex of a loudspeaker cone. it provides the motive force to the cone by the reaction of a magnetic field to the current passing through it.

cone

in a loudspeaker, a thin, semi-rigid membrane attached to the voice coil, which moves in a magnetic gap due to which it vibrates and produced sound. it is known as diaphragm and it can also be called a cone, though not all speaker diaphragms are cone-shaped.

surround

surround is also known as front suspension. surround is used to join the cone to the chassis. together with the suspension it controls the cone excursion, and it is also used to determine how energy which is travelling through the cone is absorbed, and how the speaker limits when it reaches the ends of its travel.

dustcap

dustcap is used to protect the voice coil from dust and dirt. it is a part of the cone.

how speaker work

the outer part of the cone is fastened to the outer part of the loudspeaker's circular metal rim. the inner part is fixed to voice coil that sits just in front of a permanent magnet . when loudspeaker is hooked up to a stereo, electrical signals feed through the speaker cables into the coil. it will convert the coil into an electromagnet magnet . when electricity flows back and forth in the cables, the electromagnet either repels or attract the permanent magnet. this moves the coil back and forth, and it pull and push the loudspeaker cone. like a drum skin vibrating back and forth, the moving cone pumps sounds out into the air.in this way loudspeakers works.

Answer from: Quest

False according to edgenuity

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The cash account for santiago co. on may 31 indicated a balance of $20,915. the march bank statement...