Answer:
See below
Explanation:
With regards to the above information, the adjusted cash balance at April 30, 2017 is computed as shown below;
Book balance
$46,200
Add:
Interest earned on checking account
$50
Less:
Customer's NSF check returned by the bank
($500)
Add:
Error in recording customer's check
($510 - $150)
$360
Add:
Outstanding checks
$1,100
Adjusted cash book balance
$47,210
Companies that produce a continuous mass of like units through series of operations or process
Answer:
$244.8
Explanation:
Calculation for how much is withheld for FICA tax each month
FICA tax =($3200 per month*Social Security 6.2%)+($3200 per month*Medicare 1.45%)
FICA tax =$198.4+$46.4
FICA tax =$244.8
Therefore how much is withheld for FICA tax each month is $244.8
Answer:
The correct answer is option B.
Explanation:
The maturity value of the bond is $700,000.
The bond is issued for $715,000.
The life of the bond is 10 years.
The interest rate is 10%.
The total life expense will be
= 
= 
= $700,000 - $15,000
= $685,000
