User Account

All Pages

Calculate the correct cash balance

Assignment Help Accounting Basics
Reference no: EM132230420

Question - Bank reconciliation revealed cash per the bank statement of $1,484, cash per company records of $1,681, bank charges of $11, deposits in transit of $317, outstanding checks of $221, and NSF checks of $90. Calculate the correct cash balance?

$1,777

$1,479

$1,490

$1,580

Reference no: EM132230420

Questions Cloud

What is the projected addition to retained earnings : What is the projected addition to retained earnings (in $)? Assume costs vary with sales and the dividend payout ratio is constant
What will be the dollar balances in the accounts receivable : The current unadjusted Allowance for Uncollectable Accounts balance is a credit balance of $2,500. What will be the dollar balances in the Accounts Receivable
At what amount should the trading securities be reported : By year's end, it had decreased in value to $90,000. At what amount should the trading securities be reported on the year-end balance sheet
Brief description of a treatment plan for a diagnosis : PSY636 The overview should include a brief description of a treatment plan for a diagnosis of your choice and should indicate why this diagnosis could potential
Calculate the correct cash balance : Bank charges of $11, deposits in transit of $317, outstanding checks of $221, and NSF checks of $90. Calculate the correct cash balance
What is the correct adjusted ending cash balance : Alpha Company was preparing its month-end bank reconciliation. What is the correct adjusted ending cash balance
Why you think the given type of research is not available : PSY605 Consider the two articles your colleague chose and research the topic with the intent to find peer-reviewed articles that were published.
Critically explain the current level of financial returns : Propose and justify appropriate measures to the selected hospitality business in a variety of global sustainability contexts - Evaluate a range of CSR
What amount should City Y report : What amount should City Y report in 20X2 for claims and judgement expenditures? Current LIability @ 1/1/20X2 $100,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd