subject
Business, 13.04.2021 03:30 ronaldo22

The following data were accumulated for use in reconciling the bank account of Nakajima Co. for July: Cash balance according to the company's records at July 31, $18,410.
Cash balance according to the bank statement at July 31, $19,540.
Checks outstanding, $3,740.
Deposit in transit, not recorded by bank, $3,000.
A check for $270 issued in payment of an account was erroneously recorded in the check register as $720. Bank debit memo for service charges, $60.
A. Prepare a bank reconciliation.
B. If the balance sheet is prepared for Mathers Co. on July 31, what amount should be reported for cash?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 16:30, makaylapink8167
Calculate the required rate of return for an asset that has a beta of 1.73, given a risk-free rate of 5.3% and a market return of 9.9%. b. if investors have become more risk-averse due to recent geopolitical events, and the market return rises to 12.7%, what is the required rate of return for the same asset?
Answers: 2
image
Business, 22.06.2019 13:10, princessgabbee8452
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
image
Business, 22.06.2019 20:50, payshencec21
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
Answers: 2
image
Business, 23.06.2019 03:30, lailabirdiemae
Sub to "j h" yt channel to be entered in a giveaway $50 visa
Answers: 1
You know the right answer?
The following data were accumulated for use in reconciling the bank account of Nakajima Co. for July...

Questions in other subjects:

Konu
Mathematics, 11.03.2020 06:57
Konu
Mathematics, 11.03.2020 06:59
Konu
Mathematics, 11.03.2020 06:59
Konu
History, 11.03.2020 07:00