Answer: A $37.280.
Explanation:
Adjusted book balance will include those transactions made or charged by the bank for/to the company so will include;
= Balance per books - Insufficient funds check - Utility bill paid by bank - Check printing charge
= 40,000 - 1,400 - 1,240 - 80
= $37,280
Answer:
E. You should accept the $200,000 because the payments are only worth $195,413 to you today
Explanation:
We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate
C 1,400.00
time 240 (20 years x 12 month per year)
rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)
PV $195,413.0804
This involves bookkeeper obligation, carelessness – or neglecting to distinguish material oversights, and the treatment of bookkeepers acting in compliance with common decency and following the sound accounting standards. The essential inquiry is regardless of whether Shuebke can be held subject expecting she had acted in compliance with common decency and adjusted to the sound accounting standards. To start, sound accounting standards can be characterized as the traditions, guidelines, and methodology used to depict what the worthy bookkeeping standards are at a particular time. They likewise diagram the level of aptitude expected of bookkeepers and the level of care that they should practice in playing out their administrations.
Answer:
$1,200
Explanation:
Calculation to determine what the amount of ending inventory appearing on the balance sheet will be:
First step is to determine the units in ending inventory
Units in ending inventory=500 units + 600 units – 800 units sold
Units in ending inventory= 300
Now let determine the Ending inventory
Ending inventory=300 units x $4.00
Ending inventory = $1,200
Therefore the amount of ending inventory appearing on the balance sheet will be:$1,200