Business, 20.11.2019 23:31 trintrin227

Del gato clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. at the close of business on june 30, 2017, its cash account shows an $11,589 debit balance. del gato clinic's june 30 bank statement shows $10,555 on deposit in the bank. outstanding checks as of june 30 total $1,829.the june 30 bank statement lists a $16 service charge. check no. 919, listed with the canceled checks, was correctly drawn for $467 in payment of a utility bill on june 15. del gato clinic mistakenly recorded it with a debit to utilities expense and a credit to cash in the amount of $476.the june 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not recorded on the june 30 bank statement. prepare the adjusting journal entries that del gato clinic must record as a result of preparing the bank reconciliation.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:40, aidanfbussiness

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a. they set the prime rateob. they monitor functioning of banks in their through onsite and offsite reviewsc. they assess taxes in their destnictd. they write fiscal policies

Answers: 1

continue

Business, 22.06.2019 08:00, truthqmatic16

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

Answers: 2

continue

Business, 22.06.2019 10:00, dtaylor7755

How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.

Answers: 1

continue

Business, 22.06.2019 16:00, leo4687

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?

Answers: 3

continue

You know the right answer?

Del gato clinic deposits all cash receipts on the day when they are received and it makes all cash p...