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Cloud [144]
3 years ago
14

A company's Cash account shows an ending balance of $4,200. Reconciling items included a bookkeeper error of $50 (a $550 check r

ecorded as $600), two outstanding checks totaling $810, a service charge of $25, a deposit in transit of $280, and interest revenue of $33. What is the adjusted book balance?
Business
1 answer:
hoa [83]3 years ago
6 0

Answer:

Adjusted book balance will be $4258

Explanation:

We have given ending book balance = $4200

Error in recording = $50

Interest revenue = $33

And service charge = $25

We have to find the adjusted book balance

Adjusted book balance is given by

Adjusted book balance = Ending book balance + error in recording + interest revenue - service charge = $4200+$50+$33-$25=$4258

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Suppose Ruston Company had the following results related to cash flows for 2020: Net Income of $9,100,000 Adjustments from Opera
elena-s [515]

Answer:

The Net Cash Flow is $9,300,000.

Explanation:

A statement of cash flows with amounts in thousands can be created to determine the Net Cash Flow as follows:

                             Ruston Company

                       Statement of Cash Flows

                              For the Year 2020

<u>Details                                                                    $'000    </u>

Net Income                                                            9,100

Adjustments from Operating Activities            <u>    1,100  </u>

Net Cash Flow from Operating Activities         10,200

Net Cash Flow from Investing Activities           (4,300)

Net Cash Flow from Financing Activities of   <u>    3,400  </u>

Net Cash Flow                                                <u>     9,300  </u>

Since the amount is in thousands, that implies that  the Net Cash Flow is $9,300,000.

7 0
3 years ago
Most jobs are handed down from parent to child in a:
lubasha [3.4K]

Answer:

traditional economy.

Explanation:

7 0
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How will knowing an organization’s culture help employees? By knowing an organization’s culture, employees will have an understa
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expectations about behavior and safety norms in the workplace.

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3 years ago
Read 2 more answers
When we physically encounter a three-dimensional form, the tactile sensation we experience is its ________. Two-dimensional imag
babymother [125]

Answer:

When we physically encounter a three-dimensional form, the tactile sensation we experience is its <u>ACTUAL TEXTURE</u>. Two-dimensional images, however, have <u>IMPLIED TEXTURE</u>, which means the artist creates an effect that reminds us of our tactile memory of a real-life surface. Artists who wish to contradict our previous tactile experiences employ <u>SUBVERSIVE TEXTURE</u> in order to make us reconsider our preconceptions about the world around us.

Explanation:

Actual texture is combination of how an artwork looks and how it actually feels when someone touches it. Even paintings have texture and different artists use different painting techniques to create that texture.

Implied or simulated texture means that the artist is creating a visual effect of texture.

When artists use subversive textures, they are inventing textures by adding alternate materials.

3 0
3 years ago
Rent collected in advance is: Multiple Choice A shareholders' equity account in the balance sheet. A temporary account, not in t
gulaghasi [49]

Answer:

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Explanation:

When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;

Debit Cash account

Credit Unearned/Deferred rental revenue

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As such, the collection of rent in advance is A liability account in the balance sheet.

3 0
3 years ago
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