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Western Flyers received its bank statement for the month of July with an ending balance of $11,065.00. Western Flyers determined that check #598 for $125.00 and check #601 for $375.00 were both outstanding. Also, a $7,500.00 deposit for July 30th was in transit as of the end of the month. Big Bucks Bank also collected a $5,000.00 notes receivable on July 1st that was issued January 1st at 12% annual interest. No interest revenue has been accrued on this note and Big Bucks Bank charged a $15.00 fee for the collection service.The company?s morning reports resulted in a bank service charge of $20.00 and a customer check for $75.00 was returned with the statement marked ?NSF?. The ending balance of the Western Flyers cash account is $12,875.00.Complete a bank/account reconciliation and write any necessary journal entries for the reconciliation.
describe and evaluate the internal control products delta airlines uses regarding financial reporting. descirbe the
what is the value of total contribution and net profit per unit in the case discussed below? sales units 100000 selling
Purchases made on Sonic Sales Company credit cards submit payments
A perpetual inventory system
The actual return on plan assets was $1 million although it was expected to be $6 million. On average, employees' remaining service life with the company is 18 years.
cajun corporation manufactures a labor-intensive product.the cost standards developed by cajun appear below.
ynga is a software developer and is considering a project that requires an initial investment of $200,000-The Net Present Value of the project is approximately
First Central Factors assesses a service charge of 3% of the amount of receivables sold. Prepare the journal entry that Calico Corners makes to record this sale.
schumann company manufactures two products hats and caps. the following information is available hats caps selling
in 2009 harry and mary purchased series ee bonds and in 2013 redeemed the bonds receiving 500 of interest and 1500 of
rob thorton is a member of the planning and analysis staff for thurston inc. an established manufacturer of frozen
the overhead allocation rate in franz companys job order cost accounting system applies overhead based on direct labor
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