User Account

All Pages

Determine the journal entry necessary to adjust

Assignment Help Accounting Basics
Reference no: EM131755187

Given the following information for Steve & Company, determine the journal entry necessary to adjust the Cash Account. Answer to nearest whole dollar without any commas or decimal points eg. 1000 not 1,000.00 Enter a negative number as -10 not (10).

Balance per bank statement, October 31

$15,929

Balance per Cash account in ledger, October 31

16,699

Outstanding checks at October 31

3,569

Deposit in transit dated October 31

1,278

Bank service charges for October

58

Check from a customer returned by bank marked NSF

795

 

Reference no: EM131755187

Questions Cloud

Show histograms of the salary distributions : Paying for championships Does paying high salaries lead to more victories in professional sports? The New York Yankees have long been known for having Major.
Timeline for the history of public health and epidemiology : Provide a detailed description for each significant date and event you add to the timeline.
Determine the amount of cash that should be reported : determine the amount of cash that should be reported in the balance sheet
Describe the pay scale appropriate for the each job : Describe the pay scale appropriate for the each job (local vs. regional vs. national) and why the pay scale is appropriate to ensure market competiveness.
Determine the journal entry necessary to adjust : Given the following information for Steve & Company, determine the journal entry necessary to adjust the Cash Account
What action do you recommend with respect to the lawsuit : Explore types of principal-agency relationships. What course of action do you recommend with respect to the lawsuit and Carcamo's employment?
Show the marginal distributions of gender : The following partially complete two-way table shows the marginal distributions of gender and handedness for a sample of 100 high school students.
Discuss company report for its net bond liability balance : what would the company report for its net bond liability balance after its first interest payment on March 31, 2017
Determine when a witness should be present : Determine when a witness should be present. Outline the different sequences and progressive levels of discipline that an employee can receive.

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