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lozanna [386]
3 years ago
8

Determining the true cash balance, starting with the unadjusted book balance

Business
1 answer:
Law Incorporation [45]3 years ago
3 0

Answer:

True Cash Balance $7,688

Explanation:

The computation of the true cash balance is shown below:

Unadjusted Cash Balance as of May 31 $7,176

Add: Interest Earned   $14

Note Collected by Bank $600

Less: NSF check ($67)

Less Bank charges ($35)

True Cash Balance $7,688

Hence, the true cash balance is $7,688 and the same is to be considered

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In the case of ________, it was determined that a test for promotion of firefighters to certify test scores was discarded becaus
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Answer:

Ricci vs. DeStefano

Explanation:

This case is a US labor law case that occurred in 2009, where twenty (20) firefighters at the New Haven Fire Department claimed to be discriminated against because they were refused promotion despite the fact that they passed the test.

More noticeably, no blacks and a very small number of Hispanics qualified for the promotion.

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Every year, Shawna Stuart, the Director of Sustainability at Academic University, sees students throwing away perfectly good fur
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2 years ago
1.People who make the best mystery shoppers have usually prepared themselves by: Reading Passing Certification Courses Researchi
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8 0
3 years ago
On October 1, 2020 Bonita Industries issued 5%, 10-year bonds with a face value of $8090000 at 103. Interest is paid on October
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a credit of $242700 to Premium on Bonds Payable

Explanation:

Based on the information given The journal entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable which is calculated as:

Premium on Bonds Payable=[($8090000*103%)-$8090000

Premium on Bonds Payable=8,332,700-$8090000

Premium on Bonds Payable=$242700

Therefore The entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable

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2 years ago
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