Business, 06.03.2020 23:36 Briza19

The accounting department prepares a bank reconciliation at the end of each month. The following Tableau Dashboard is provided to assist in our reconciliation for the month of November.

Bank Balance is $15000 at 31th Oct.. Bank Balance is $9700 at 15th November. Bank Balance is $16028 at 30th November.

Book Balance is $15000 at 31th Oct. Book Balance is $9100 at 15th November. Book Balance is $16127 at 30th November.

Cash interest received on Bank Balance: Augugst $31 September $24 October $22 November $37

Total Deposits in Transit November 30: $250

Outstanding Checks at Nov.30: Check#1203 : $100 Check#1278 : $78

November Bank Fees: Check Printing Fees:$35 Service Fees:$15 Wire Transfer Fees:$14

1. Determine the company's (a) bank balance and (b) book balance on November 30 before the bank reconciliation.

2. What is the amount of cash interest received in the month of November?

3. Which of the bank fees is the largest of those charged to the company in November?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 19:30

How does knowing about supply and demand

Answers: 1

Answer

Business, 21.06.2019 23:30

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

Answers: 2

Answer

Business, 22.06.2019 10:10

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

Answers: 2

Answer

Business, 22.06.2019 11:10

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.

Answers: 1

Answer

You know the right answer?

The accounting department prepares a bank reconciliation at the end of each month. The following Tab...

Questions