Reference no: EM13930196
Determine whether the following items in India Imports bank reconciliation require adjusting or correcting entries on India Imports books. When an entry is required, record it in general journal format.
a. The bank statement indicated that India Imports earned $60 of interest revenue.
b. India Imports accountant mistakenly recorded a $430 check that was written to purchase supplies as $350.
c. Bank service charges for the month were $45.
d. The bank reconciliation disclosed that $800 had been stolen from India Imports business.
e. Outstanding checks amounted to $2,600.
f. The bank collected $4,000 of India Imports accounts receivable. India Imports had instructed its customers to send their payments directly to the bank.
g. The bank mistakenly gave Imports Inc. credit for a $800 deposit made by India Imports.
h. Deposits in transit were $6,200.
i. India Imports bank statement contained a $525 NSF check. India Imports had received the check from a customer and had included it in one of its bank deposits.
|
Maintain an internal growth rate-total asset turnover
: A firm wishes to maintain an internal growth rate of 9 percent and a dividend payout ratio of 40 percent. The current profit margin is 6.2 percent and the firm uses no external financing sources. What must total asset turnover be?
|
|
Difference between risk assessment and mental status exam
: What is the difference between a Risk Assessment (RA) and Mental Status Exam (MSE)-what are they?. What issues or concerns exist when it comes to using these assessments, along with the information that could be received.
|
|
Emergence of the virus and methods of control
: Please note the focus of the essay is to study material related to the emergence of the virus and methods of control. very brief introduction to the virus discuss modes of transmission and what the known vectors for transmitting Chikungunya virus ..
|
|
Do you think communication is more important to leaders
: Do you think communication is more important to leaders now thanit was in Hitler's and FDR's time? Explain why you think so or whyyou disagree. Who is a more current charismatic leader that youknow of, and how are they similar to Hitler or FDR in the..
|
|
India imports bank statement contained
: India Imports bank statement contained a $525 NSF check. India Imports had received the check from a customer and had included it in one of its bank deposits.
|
|
External influence on organizational buyer behavior
: Which of the following is an external influence on organizational buyer behavior? A) organizational values B) motives
|
|
Calculate the best-case and worst-case NPV figures
: We are evaluating a project that costs $1,160,000, has a five-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 87,700 units per year. Price per unit is $34.60,..
|
|
Traditional methodologies and maldi-tof ms
: The essay should cover the following points; 1- Advantages and disadvantages of both traditional methodologies and MALDI-TOF MS 2- Give a very brief overview of the MALDI-TOF MS technique 3- Be limited to bacterial pathogens - not viruses
|
|
Programming language for a new point-of-sale system
: You are the lead programmer for a new software project and have been assigned to choose the programming language for a new point-of-sale system
|