Answer:
A, D, E , F
Explanation:
Just finished the assignment.
You need to modify your questions
Answer: $746
Explanation:
Scarlet Co.
Bank Reconciliation
Cash balance per books $842
Add:
Outstanding check #643 $642 Outstanding check #651 $57
Interest received from $33
Less:
Bank service charges. $39
Deposits in transit $330
Customer check returned $90
Balance as per bank $1,115
The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:
$1,115 + $330 - ($642 + $57) = $746
Answer:
a loss of $3650
Explanation:
Book value at the time of the sale = purchase price - accumulated depreciation
$34,250 - 12,000 = $22,450
the sales price is less than the book price, thus it is sold at a loss
22,450 - 18600 = 3650
Answer:
A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations. In modern economies, the central bank is usually responsible for the formulation of monetary policy and the regulation of member banks.