Balance per books at october 31, $119,266.37; receipts $494,543.14; disbursements $469,946.59. balance per bank statement november 30, $160,381.47.

the following checks were outstanding at november 30.

1224 $4,660.58
1230 7,034.66
1232 6,056.68
1233 1,374.18

included with the november bank statement and not recorded by the company were a bank debit memo for $78.09 covering bank charges for the month, a debit memo for $1,060.57 for a customer’s check returned and marked nsf, and a credit memo for $3,990.00 representing bond interest collected by the bank in the name of indigo inc. cash on hand at november 30 recorded and awaiting deposit amounted to $5,458.89.

balance per books at october 31, $119,266.37; receipts $494,543.14; disbursements $469,946.59. balance per bank statement november 30, $160,381.47.

Which of the following statements is incorrect? select one: a. personal creditors have first claim on partnership assets. b. partnerships are subject to dual taxation. c. no law requires partners to create a written partnership agreement, but it's smart to do so. d. partnership has limited life and unlimited liability.

Me this has caused me stress and my head hurts

Ultravision inc. anticipates sales of $280,000 from january through april. materials will represent 50 percent of sales, and because of level production, material purchases will be equal for each month during the four months of january, february, march, and april. materials are paid for one month after the month purchased. materials purchased in december of last year were $24,000 (half of $48,000 in sales). labor costs for each of the four months are slightly different due to a provision in the labor contract in which bonuses are paid in february and april. the labor figures are: january $14,000 february 17,000 march 14,000 april 19,000 fixed overhead is $10,000 per month. prepare a schedule of cash payments for january through april. (assume the $280,000 of sales occur equally over the four months of january through april, i. e. monthly sales = $280,000 / 4.)