In the process of reconciling its bank statement for april, donahue enterprises' accountant compiles the following information: cash balance per company books on april 30 $ 6,195 deposits in transit at month-end $ 1,460 outstanding checks at month-end $ 780 bank charge for printing new checks $ 125 note receivable and interest collected by bank on donahue’s behalf $ 610 a check paid to donahue during the month by a customer is returned by the bank as nsf $ 640 the adjusted cash balance per the books on april 30 is:

Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by bridgeport corporation. 1. bridgeport developed a new manufacturing process, incurring research and development costs of $195,600. the company also purchased a patent for $45,200. in early january, bridgeport capitalized $240,800 as the cost of the patents. patent amortization expense of $12,040 was recorded based on a 20-year useful life. 2. on july 1, 2017, bridgeport purchased a small company and as a result recorded goodwill of $52,000. bridgeport recorded a half-year’s amortization in 2017, based on a 20-year life ($1,300 amortization). the goodwill has an indefinite life. prepare all journal entries necessary to correct any errors made during 2017. assume the books have not yet been closed for 2017.