User Account

All Pages

How much is the unadjusted bank balance

Assignment Help Accounting Basics
Reference no: EM132524870

Question - The company has an unadjusted book balance of P500,000. It has deposit in transit worth P59,000 and outstanding check worth P18,000. The bank statement received from the bank shows that interest income worth P14,000 was credited and a service charge of P9,000 was deducted.

Required -

a. How much is the adjusted cash balance for the period?

b. How much is the unadjusted bank balance?

Reference no: EM132524870

Questions Cloud

How much is the unadjusted book balance : The Company received the bank statement for the month with an unadjusted balance of P944,000. How much is the unadjusted book balance
The value of the geographical perspective : The value of the geographical perspective. Does location matter in the private sector? Locational attributes of Yorkdale Shopping Centre, Toronto, Canada
Essay on the working at wendys : Ready the book of the Norton reader and write two pages essay on the (Working at wendy`s) - Ready the book of the Norton reader
What product are going to make : What product are going to make? What are we going to charge, etc. Assume that considering going into business with Linda Wilson. Assume that Linda's accountant
How much is the unadjusted bank balance : The company has an unadjusted book balance of P500,000. It has deposit in transit worth P59,000. How much is the unadjusted bank balance
What is the net income for firm-wingfly inc : WingFly Inc.,Inc., has sales of $738,000, costs of $326,000, depreciation expense of $75,000, interest expense of $36,000, cash dividend of $30,000 and a tax ra
Communication and collective intelligence : Identify the possible causes of communication or decision-making failure in each example, and, drawing on the information presented in the chapter,
How much is the adjusted cash balance for the month : The company reported an unadjusted book balance of P842,000. How much is the adjusted cash balance for the month
Determine the total ordering and carrying costs : George Company buys 500 boxes of items X-100 every two months. Order costs are P380 per order; Determine the total ordering and carrying costs

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