The following information pertains to family video

Assignment Help Accounting Basics
Reference no: EM13578737

The following information pertains to Family Video Company.

  1. Cash balance per bank, July 31, $7,865.83.
  2. July bank service charge not recorded by the depositor $30.32.
  3. Cash balance per books, July 31, $7,888.57.
  4. Deposits in transit, July 31, $1,624.50.
  5. Bank collected $974.70 note for Family in July, plus interest $38.99, less fee $21.66. The collection has not been recorded by Family, and no interest has been accrued.
  6. Outstanding checks, July 31, $640.05.

Reference no: EM13578737

Questions Cloud

Construct fishers ideal index for the given information and : construct fishers ideal index for the given information and check whether fishersformula satisfies time reversal and
Party time inc buys plain mylar ballons and prints diffrent : party time inc buys plain mylar ballons and prints diffrent designs on them for variouse occaisions it imports the
Which of the following would be most useful in deciding : 1 the total asset turnover ratio measuresa. how well a firm uses its assets to produce salesb. the rate of return on a
In a report on high school graduation it was stated that 85 : in a report on high school graduation it was stated that 85 of high school students graduate. suppose 3 high school
The following information pertains to family video : the following information pertains to family video company. cash balance per bank july 31 7865.83. july bank service
Salaries payable increased from 2007 to 2008 using the : 1. collections of cash from the sale of land would be reported in the following section of the statement of cash
Find the probabilities ofe4 and e5b if pe1 3pe2 03 find : a sample space consists of five simple events e1 e2 e3 e4 and e5.a if pe1 pe2 0.15 pe3 0.4 and pe4 2pe5 find the
The emergency room at hsi serves patients who arrive : the emergency room at hsi serves patients who arrive according to a poisson distribution at the rate of 9 per hour.
In 2008 sales revenue was 120 and net income was 12 1108 : in 2008 sales revenue was 120 and net income was 12. 1108 balances were current assets 20 long-term assets 70 current

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is ellen self-employed health insurance deduction

Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 on health insurance for her family.

  Robin sold the following assets business equipment for a

robin sold the following assets business equipment for a 6000 loss stock investment for a 15000 loss and her principal

  Statement of financial accounting standards

As of the beginning of each reporting entitys rst scal year that begins after November 15, 2007; this Statement should not be applied retrospectively to scal years beginning prior to the effective date, except as permitted in paragraph 30 for earl..

  Net sales for the month are 800000 and bad debts are

net sales for the month are 800000 and bad debts are expected to be 1.5 of net sales. the company uses the

  Toms company purchased a van at a total cost of 55000 at

toms company purchased a van at a total cost of 55000. at the end of its useful life of 5 years the van should have a

  Determining break-even price in a reduce-or-expand decision

determining break-even price in a reduce-or-expand decision. quickcare is a health care franchise that functions as a

  With the rise of the knowledge economy the traditional

with the rise of the knowledge economy the traditional valuation of an enterprise as consisting solely of measurable

  Prepare the entry to record the gross profit realized

Curiosity Company provided the following financial information for its installment-sales for the current year.

  1 explain the basic accounting equation how does the double

1. explain the basic accounting equation. how does the double entry accounting system work?2. what is the

  what will be the transfer price?

Evergreen Corp. has two divisions, Fern and Bark. Fern produces a widget that Bark could use in the production of units that cost $175 in variable costs, plus the cost of the widget, to manufacture.

  In washburns factory what is the break-even point for the

in washburns factory what is the break-even point for the new line of guitars if the retail price isa 349b 389 andc

  Safety stock reorder point eoq economic order

ABC Hardware store is open for business 350 days a year. Annual demand for a power cutter at this store is 700 units. Replenishment cost is $15 per order and annual inventory holding cost is 10% of the inventory value.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd