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Question - An organization is reconciling its bank statement with its internal records. The cash balance per bank statement is P 12,000 while the cash balance per company books is P 10,800. There are P1,200 of bank charges that are not yet recorded, 1,800 of outstanding checks, P 3,000 of deposits in transit, and P 3,600 of bank credits and collections not yet recorded in the company's books. If there are no bank or book errors, what is the correct cash balance?
PepsiCo's financial statements are presented in Appendix A. Coca-Cola's financial statements are presented in Appendix B.
During the year, assets increased by $40,000 and liabilities decreased by $15,000. What is the owner's equity at the end of 2019
Your recommendation for any company who processes the ordering technology relates to Accounting Information System. Specifically discuss internal controls.
Evergreen Industries operates a chain of lumber stores. For 2010, how did the lumber retail stores perform relative to their industry norms
Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.
Record the events under an accounting equation. Prepare an income statement, balance sheet, and statement of cash flows for the 2016 accounting period.
Napoli Manufacturing has old equipment that cost $52,000. What entry would Napoli make to record the sale of the equipment for $26,000 cash
gorgeous georgie pty ltd is a private company with many strategic investments. the finance director is concerned that
Do an argument for additional regulation as a preventative measure against businesses being hacked. Provide support for your argument
On December 1 of the current year Cerulean distributed cash of 90,000 each to Magnus and Eloise. What are the tax issues
Note that Ermler Department Store uses a periodic system. Prepare an income statement through gross profit for the year ended November 30, 2014
What factors should management consider in determining if borrowing funds is a visable solution
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