Why do corporations merge into conglomerates

Graham, Inc.'s April bank statement shows an April 30 balance of $5,120. Prior to reconciliation, its books show a cash balance

Mars2501 [29]

Answer:

$5,570

Explanation:

The purpose of a bank reconciliation statement is to reconcile the difference between Cash Book balance and Bank Statement balance. Also it is used to check accuracy of Cash Book and the accuracy of Bank Statement.

Graham, Inc.'s April bank reconciliation statement is prepared as :

Graham, Inc.

Bank reconciliation statement as at April 30

Balance as per Bank Statement $5,120

Add outstanding lodgments $800

Add back error at the bank $115

Less unpresented checks ($465)

Balance as per Cash Book $5,570

therefore,

The reconciled cash balance at April 30 on the bank reconciliation should be $5,570.

4 0

2 years ago

Romain Surgical Hospital uses the direct method to allocate service department costs to operating departments. The hospital has

xenn [34]

Answer:

Romain Surgical Hospital

The total Surgery Department cost after service department allocations is closest to:

$ 565,970

Explanation:

a) Data and Calculations:

Service Department Operating Department

Information Technology Administration Surgery Recovery

Departmental costs $ 36,294 $ 36,282 $ 522,320 $ 720,360

Computer workstations 43 20 74 64

Employees 39 25 94 47

Information Technology costs allocated based on the Computer workstations $36,294/138 = $263 per workstation

Administration costs allocated based on the number of employees:

$36,282/141 = $257.32

Direct Allocation of Service Departments' Costs:

Service Department Operating Department

Information Technology Administration Surgery Recovery

Departmental costs $ 36,294 $ 36,282 $ 522,320 $ 720,360

Information Techn. (36,294) 0 19,462 16,832

Administration 0 (36,282) 24,188 12,094

Total costs 0 0 $ 565,970 $ 749,286

8 0

3 years ago

Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freez

vladimir1956 [14]

The correct answer is a I a, typing to get the answer right

6 0

2 years ago

Jay and jim spears own a lawn irrigation system business. they perform installations and maintenance of these systems. several o

Stells [14]

Jay and Jim does not only take a chance that a bigger problem may occur, since they foresee that there is a risk if they permit an illegal worker to drive a truck and has an accident on the job but they are also indirectly setting the ethics code for their firm.

8 0

3 years ago

When you use multiple worksheets in Excel and you retrieve information from one to go to into another

scoundrel [369]

Answer:

A. Start by using the = in the cell where you wish to put the information.

Explanation:

Click the cell you want to place the information, then enter the " = " sign in it. Move the cursor to the sheet from which you want to retrieve information and click the cell with the information you want to retrieve. Automatically excel displays that information on the first sheet.

3 0

2 years ago