Find the true cash balance of osborn

Assignment Help Accounting Basics

Reference no: EM131880783

Question: Osborn Company's unadjusted book balance at June 30, 2014 is $15,000. The company's bank statement reveals bank service charges of $75. Two credit memos are included in the bank statement: one for $1800 which represents a collection of an account receivable that the bank made for Osborn and one for $20 which represents the amount of interest that Osborn had earned on its interest-bearing checking account in June. Based on this information, Osborn's true cash balance is?

Reference no: EM131880783

Questions Cloud

Determine the amount of cost of goods sold : Determine the amount of cost of goods sold that would appear on the 2018 income statement. (Do not round intermediate calculations.)

Prepare a research paper about the topic of crime victim : Write a research paper on any topic related to the topic of Crime Victim.

Relationship between risk and return in investment : What is the relationship between risk and return in investment decision making? Give an example.

Calculate the total present value of the cash flows : ABC company will issue 6,000,000 in 6%, 10- year bonds when the market rate of interest is 8%. Interest is paid semiannually.

Find the true cash balance of osborn : Osborn Company's unadjusted book balance at June 30, 2014 is $15,000. The company's bank statement reveals bank service charges of $75.

Write a memo about the behavior of the perpetrator : The goal is to engage students in the real life work of criminologists in using all the information at hand to understand why crime occurs.

Probability of observing a random draw : What is the probability of observing a random draw greater than or equal to 1.18?

What is the probability of observing a random draw : What is the probability of observing a random draw greater than or equal to 273? Answer to three decimal place if necessary.

What is the expected value for random variable : What is the expected value for this random variable? Answer to one decimal place if necessary.

Reviews

Write a Review

Required(*) Message

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

User Account

All Pages