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
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

You might be interested in
Harrods PLC has a market value of £136 million and 4 million shares outstanding. Selfridge Department Store has a market value o
Lisa [10]

Answer:

the stock price after the acquisition is $37.30

Explanation:

The computation of the stock price after the acquisition is given below:

= Worth of combined synergy ÷ (outstanding shares = harrods shares)

= £194 million ÷ (4 million + 1.2 million)

= £194 million ÷ 5.2 million shares

= $37.30 per share

hence, the stock price after the acquisition is $37.30

We simply applied the above formula so that the correct answer could come

5 0
3 years ago
Shannon signs a contract with tevin, an unlicensed contractor, to build a deck and gazebo at the rear of her house. this contrac
Bingel [31]

The answer is noone.

8 0
3 years ago
A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou
Delvig [45]

If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

#SPJ4

6 0
1 year ago
During autumn​ months, passenger railroads across the globe deal with a condition called slippery rail. It results from a combin
Dafna11 [192]

Answer:

A) This is an example of a fixed cost because the cost​ doesn't vary with the number of trains.

Explanation:

A fixed cost is a cost that does not vary as the total output varies. In this case, the number of trains using the tracks would be the total output, and the tracks need to bee cleaned regardless of how many trains will use them. Since the costs do not vary depending on the number of trains that will use the tracks, it is considered a fixed cost.

3 0
3 years ago
Martin received a nonstatutory stock option from his employer on January 1, 2018. The option gives him the right to purchase 100
Ksju [112]

Answer:

Correct answer is option A

$0

Explanation:

In case of non-statutory stock option, income which is fair market value less any cost incurred for stock options, is included when the stock options are exercised.

5 0
3 years ago
Other questions:
  • "________ is an area that allows member states to freely move components of production such as capital and labor across borders"
    15·1 answer
  • Sheridan Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that
    7·1 answer
  • If earnings are expected to grow at a constant rate over time of 0.03 and investors' rate of discount is constant at 0.04, and i
    14·1 answer
  • Average fixed costs for a given level of output can be determined graphically by:
    7·1 answer
  • A diverse team will almost always have _____ than a homogeneous team. more extensive external contacts lesser cognitive resource
    12·1 answer
  • Which of the following statements about a company’s realized strategy is true? A company’s realized strategy is usually kept sec
    10·1 answer
  • The HR manager of SuperGlam, an online discount fashion retailer, wanted to redesign the workflow in customer service, order ful
    7·1 answer
  • Lease or Sell Casper Company owns a equipment with a cost of $366,000 and accumulated depreciation of $53,200 that can be sold f
    12·1 answer
  • A prosecutor convened a grand jury to bring criminal charges against a pharmaceutical corporation. The charges were related to a
    5·1 answer
  • Market failure describes a situation in which the market itself ________ in a way that balances social costs and benefits.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!