On December 3, Union Manufacturing Company received a bank statement dated November 30. Review the following information obtained from the bank statement and from the records of the business. Bank statement balance $3,425.00 Outstanding check No. 290, $187.50 Outstanding check No. 294, $67.50 Bank service charge $4.50 Outstanding deposit November 29, $300.00 Outstanding deposit November 30, $400.00 Checkbook balance on check stub No. 296 $3,874.50 Based on the information provided, what is the adjusted checkbook balance
Answers: 3
Business, 21.06.2019 20:20
After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.
Answers: 1
Business, 22.06.2019 01:00
Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?
Answers: 3
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
On December 3, Union Manufacturing Company received a bank statement dated November 30. Review the f...
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