subject
Business, 26.03.2020 01:59 301235

E7-6 rachel sells is unable to reconcile the bank balance at january 31. rachel's reconciliation is shown here. identify internal control weak- nesses for cash disbursements and suggest improvements. (lo 2), e prepare bank reconciliation and adjusting entries. (lo 3), ap cash balance per bank add: nsf check less: bank service charge adjusted balance per bank cash balance per books less: deposits in transit add: outstanding checks adjusted balance per books $3,677.20 450.00 28.00 $4,099.20 $3,975.20 590.00 770.00 $4,155.20 determine outstanding checks. (lo 3), ap (a) what is the proper adjusted cash balance per bank

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:20
Avx home entertainment, inc., recently began a “no-hassles” return policy. a sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. on the basis of this information, make an inference about customer reaction to the new policy. (round your answers to 1 decimal place.)
Answers: 3
question
Business, 22.06.2019 14:20
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
question
Business, 22.06.2019 17:40
Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
Answers: 1
question
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
You know the right answer?
E7-6 rachel sells is unable to reconcile the bank balance at january 31. rachel's reconciliation is...
Questions
question
Mathematics, 23.12.2019 08:31
Questions on the website: 13722367