Reference no: EM131714583
Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the month of August 2016.
As of August 31, the bank statement shows a balance of $10,625. The August 31 unadjusted balance in the Cash account of Hall's Cards is $7,322. A review of the bank statement revealed the following information:
1.A deposit of $1,630 on August 31, 2016, does not appear on the August bank statement.2.It was discovered that a check to pay for baseball cards was correctly written and paid by the bank for $2,450 but was recorded on the books as $3,350.
3.When checks written during the month were compared with those paid by the bank, three checks amounting to $4,115 were found to be outstanding.
4.A debit memo for $82 was included in the bank statement for the purchase of a new supply of checks.
|
Determine corrected net incomes
: Give the entry to bring the books of the company up to date in 2015, assuming that the books have been closed for 2014
|
|
What would be the amount applied to paying
: What would be the amount applied to paying of the principal balance for the 3rd payment
|
|
Create an overview of a specific topic area
: Identify the ways delivery of sport psychology services may be evolving given the availability of modern technology and alternative types of communication.
|
|
Do you agree or disagree with friedman claim
: Do you agree or disagree with Friedman’s claim that the only social responsibility of businesses is to generate profits? Why or why not?
|
|
Discuss when checks written during the month were compared
: When checks written during the month were compared with those paid by the bank, three checks amounting to $4,115 were found to be outstanding
|
|
How hipaa privacy and security rules benefit the integrity
: Explain how HIPAA Privacy and Security Rules benefit and support the integrity of the healthcare industry, patient, and physician.
|
|
What elements could be included in the essay
: How to write a good application essay that you can show your interest on architecture? What elements could be included in the essay?
|
|
Determining the environmental considerations
: Planning and designing, space and ambience to reflect functional, technical, and social, and environmental considerations are part of?
|
|
Identify problem as a test of independence
: "Snake eyes," a local gambler, let a group of sophomores know they would be welcome in a dice game. After 3 hours the sophomores went home broke.
|