A. The August 31 balance shown on the bank statement is $9,830. b. There is a deposit in transit of $1,280 at August 31.
c. Outstanding checks at August 31 totaled $1,871.
d. Interest credited to the account during August but not recorded on the company's books amounted to $99.
e. A bank charge of $39 for checks was made to the account during August. Although the company was expecting a charge, the amount was not known until the bank statement arrived.
f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $638 had been recorded as a disbursement of $371.
g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,446.

Required:
a. Prepare the adjusting journal entry that should be prepared to reflect the reconciling items.
b. What is the amount of cash to be included in the August 31 balance sheet for the bank account reconciled?

Suppose that xtel currently is selling at $40 per share. you buy 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. the rate on the margin loan is 8%. a. what is the percentage increase in the net worth of your brokerage account if the price of xtel immediately changes to (a) $44; (b) $40; (c) $36? (leave no cells blank - be certain to enter "0" wherever required. negative values should be indicated by a minus sign. round your answers to 2 decimal places.) b. if the maintenance margin is 25%, how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.) c. how would your answer to requirement 2 would change if you had financed the initial purchase with only $10,000 of your own money? (round your answer to 2 decimal places.) d. what is the rate of return on your margined position (assuming again that you invest $15,000 of your own money) if xtel is selling after one year at (a) $44; (b) $40; (c) $36? (negative values should be indicated by a minus sign. round your answers to 2 decimal places.) e. continue to assume that a year has passed. how low can xtel’s price fall before you get a margin call? (round your answer to 2 decimal places.)