Business
Business, 10.03.2020 22:37, Roro7522

On May 31, Money Corporation's Cash account showed a balance of $11,500 before the bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items:

Checks outstanding $2,250
Deposits outstanding 3,500
NSF check 280
Service Charges 70
Error: Money Corp. wrote a check for $100 but recorded it incorrectly for $1,000.

What is the amount of cash that should be reported in the company's balance sheet as of May 31?

a.$10,410.

b.$9,650.

c.$9,860.

d.$ 10,130.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 07:40, kanajahbunn
The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $
Answers: 1
image
Business, 22.06.2019 14:10, ashtonbillups
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
image
Business, 22.06.2019 19:50, hdkdkdbx
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
image
Business, 22.06.2019 21:30, mjstew00763
An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?
Answers: 1
Do you know the correct answer?
On May 31, Money Corporation's Cash account showed a balance of $11,500 before the bank reconciliati...

Questions in other subjects:

Konu
History, 19.08.2019 03:10