The cash account for Collegiate Sports Co. on November 1, 20Y9, indicated a balance of $13,070. During November, the total cash deposited was $72,560 and checks written totaled $67,370. The bank statement indicated a balance of $24,600 on November 30, 20Y9. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: Checks outstanding totaled $10,960. A deposit of $8,920, representing receipts of November 30, had been made too late to appear on the bank statement. A check for $720 had been incorrectly charged by the bank as $270. A check for $250 returned with the statement had been recorded by Collegiate Sports Co. as $520. The check was for the payment of an obligation to Ramirez Co. on account. The bank had collected for Collegiate Sports Co. $4,720 on a note left for collection. The face of the note was $4,350. Bank service charges for November amounted to $50. A check for $1,090 from Hallen Academy was returned by the bank because of insufficient funds.

Required:
Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash.

When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.