Which of the errors should the appropriate amount be added

Assignment Help Accounting Basics
Reference no: EM132699316

Problem 1: For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliation?

Select one:

1. cheque for $28 recorded as $82 by the depositor
2. deposit of $300 recorded by the bank as $30
3. a paid cheque for $600 recorded by the bank as $60
4. cheque for $86 recorded as $68 by the depositor Clear my choice

Reference no: EM132699316

Questions Cloud

What changes in the city budgeting : What changes in the city's budgeting and accounting structure would overcome these limitations? What additional problems might these changes cause?
What is the value of the total assets : A firm has debt of $1,490 and a debt-equity ratio of .34. What is the value of the total assets?
Describe how the nursing process is utilized : Describe how the nursing process is utilized to assist in identifying health issues (local or global in nature) and in creating an appropriate intervention.
How much should pacific record as amortization expense : Pacific Company bought a patent for P300,000. How much should Pacific record as amortization expense for this patent for the year ending December 31, 2004?
Which of the errors should the appropriate amount be added : For which of the errors should the appropriate amount be added to the balance per bank on a bank reconciliation? cheque for $28 recorded as $82 by the depositor
What is the present worth-rj millworks : RJ Millworks is planning on purchasing a large resawing band saw for $30,000. The saw has a useable timespan estimated to be seven years
What type of observational epidemiologic study design : Investigate an exposure/outcome association of your choice. Per the grant funding agency, your study must be observational and must involve direct subject
Which statement is incorrect concerning presentation : Which statement is incorrect concerning presentation of noncurrent asset or disposal group classified as held for sale? An entity shall present a noncurrent
How does the case still affect you and your practice : How does this case still affect you and your practice? What steps have you taken to overcome the stress of this event? (Remember to protect patient privacy).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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