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Problem 1: During the year, the bank reported credits of P10,000,000. Included in it is deposit in transit for the previous month of P1,000,000, note collection with interest of P510,000, bank loan proceeds of P2,850,000, and an adjustment of an error of a check belonging to another client of P500,000. The book debits amounted to P6,800,000 net of all adjustments for the previous month. How much is the deposit in transit?
the following information relates to action sign company for 20x2insurance expense4350prepaid insurance december 31
Compute cost of goods available for sale and the number of units available for sale.
Construct a cash budget for Mario and tell me how much cash Mario will have at the end of: February, March, and April
Wilma pays only $2,500 for the computer because she receives a $200 discount, What is Wilma's basis in the new computer
Using double declining balance depreciation, Ned calculated the value of the machine at the end of year two as $
Par Four Issues $1,700,000 of 10%, 10-year bonds dated January 1, 2011, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $1,505,001.
computation and evaluation of activity ratios. the following data relate to alaska products inc 19x519x4 net credit
A manufacturing business
Question - Journalize the September transactions. On September 1, Pina Office Supply had an inventory of 35 calculators at a cost of $12 each
You expect to earn 12% annually on the account. How many years will it take to reach your goal
Prepare a partial work sheet consisting of the first six columns (similar to the one shown in Exhibit 5B.1) that includes the unadjusted trial balance
In 2013, Merrill's net income was $630,000.
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