The following data were gathered to use in reconciling the bank account of Reddan Company:

Balance Per Bank $25,750
Balance Per company records $19,140
Bank Service charges $45
Deposit in transit $2,300
Note collected by bank with $200 interest $5,200
Outstanding checks $3,755

a) What is the adjusted balance on the bank reconciliation?
b) Journalize any necessary entries for Reddan Company based on the bank reconciliation.

Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 .     c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.

What is used by accountant to analyze transactions ?

Which of the following has the largest impact on opportunity cost