1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
4vir4ik [10]
3 years ago
6

Trudy inc had the following bank reconciliation at march 31 2013 all reconciling items at march 31 2013 cleared the bank in apri

l outstanding checks at april 30 2013 totaled 6000 there were no deposits in transit at april 30 2013 what is the cash balance per books at april 30 2013?
Business
1 answer:
djverab [1.8K]3 years ago
7 0

Answer:

The cash balance per books at April 31, 2013 is $28,200.

Explanation:

It is required to compute the Balance per bank on 30, April:

Balance per bank on 30 April = Balance per bank statement + Deposits - Disbursement

= $37,200 + $46,700 - $49,700

= $83,900 - $49,700

= $34,200

The Cash balance per books on April 30, 2013 is computed as:

Cash balance per books on April 30, 2013 = Balance per bank on 30 April - Cleared the outstanding checks

= $34,200 - $6,000

= $28,200.

You might be interested in
Assembly department of Zahra Technologies had 200 units as work in process at the beginning of the month. These units were 45% c
Tomtit [17]

Answer:

Total equivalent units of material  = 900

Explanation:

<em>Equivalent units are notional whole units which represent incomplete works are used to allocate cost to work in progress and completed units</em>

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>

Equivalent unit = Degree of completion × units

Item                           units                                    Equivalent units

Completed units        600         100% × 600  =     600

Closing inventory        300        100%× 300  =      <u>300</u>

Total equivalent units of material                          <u>900</u>

Note simply because materials are added at the beginning of the process, it is assumed that all the quantity required would have been added. Hence the degree of completion for materials is 100% .

8 0
3 years ago
_____ occurs when an individual or business capitalizes on a price differential for a firm’s product between two countries by bu
Jlenok [28]

Answer: Arbitrage

Explanation:

5 0
3 years ago
Which of the following helps the USPS processes mail as fast as possible?
Olin [163]
All of the above all the above I've done it all
4 0
3 years ago
ABC Inc. has a dividend yield equal to 3 percent and is expected to grow at a 7 percent rate for the next seven years. What is A
denis-greek [22]

Answer:

option (A) 10 percent

Explanation:

Data provided in the question:

Dividend yield = 3 percent

Expected growth rate = 7 percent

Therefore,

The ABC's required return will be

= Dividend yield + Expected growth rate

or

The ABC's required return = 3% + 7%

or

The ABC's required return = 10%

Hence,

The ABC's required return is option (A) 10 percent

8 0
3 years ago
In the Baldrige assessment, _____ refers to how a company refines the approach through cycles of evaluation and improvement, enc
Elden [556K]

Answer: The correct answer is "Deployment".

Explanation: In the Baldrige assessment, deployment refers to how a company seeks to refine the approach with the implementation of evaluation and improvement cycles, promotes radical changes through innovation and shares these refinements with other units of work of great importance within the organization.

7 0
3 years ago
Other questions:
  • Which of the following describes a system in which suppliers deliver materials at the time they are needed and finished units ar
    14·1 answer
  • María works for 5 hours and 15 minutes. How should she write that on her time card?
    12·1 answer
  • The difference between the ________ and the ________ from the sale of a product is called producer surplus.
    10·1 answer
  • On November 30, capital balances are Roses $299000, Ellis $258000 and Gise $258000. The income ratios are 20%, 20% and 60%, resp
    5·1 answer
  • Secondary and trade schools are a likely source of
    13·1 answer
  • A customer pays a purchase price of $1,375 for a bond. This purchase price could also be referred to as​
    8·1 answer
  • Alpine Energy Corporation has 1,500,000 shares of $40 par common stock outstanding. On August 2, Alpine Energy declared a 4% sto
    7·1 answer
  • In order to explain human behavior or make valid predictions, organizational behavior (ob) concepts must reflect: _______.
    13·1 answer
  • The roi of a campaign, the value of a prospect, and the response rates in direct marketing are all examples of ____.
    13·1 answer
  • An increase in the expected inflation rate, other things remaining the same?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!