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Perlas Co. maintains a checking account at the Union Bank. The bank provides a bank statement along with the canceled checks on the last day of each month. The July bank statement included the following information:
Balance, July 1 275,000 Deposits 900,000
Checks processed 700,000 Service charge 15,000
NSF Check 60,000 Monthly automatic loan payment deduction by bank 50,000
Question 1: What is the balance per bank on July 31?
Option 1: 475,000
Option 2: Answer not given
Option 3: 275,000
Option 4: 400,000
Option 5: 350,000
Pardee Company plans to sell 12,000 units during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month..
Refer to the financial statements and notes of the company
Mountaineers expects to sell 4,000 pairs of shoes for $165 each in January, Prepare the sales budget for January and February
Provide a brief explanation as to why the situation constitutes an audit risk
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Zulu, Inc., is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit.
All earnings are subject to 7.65% FICA taxes, 5.4% state unemployment taxes and, .8% Federal unemployment taxes. Journalize the employer's payroll taxes
lunn company makes and sells lawn mowers for which it currently makes the engines. it has an opportunity to purchase
The cost of direct materials is $4 per pound. Calculate the total cost of direct materials to be purchased in July
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shown below is a segmented income statement for holmgren-mulchan during the current month profit centers
The average remaining service period for the employees to receive benefits is 15 years. What is the amount of amortization to pension expense for the year
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