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Kipish [7]
3 years ago
10

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines

s on June 30, its Cash account shows a debit balance of $61,709. Easton's June bank statement shows $59,549 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit $ 4,250 Outstanding checks $ 2,075 Check printing fee, not yet recorded by company $ 18 Interest earned on account, not yet recorded by the company $ 33
Business
1 answer:
goblinko [34]3 years ago
8 0

Answer:

                                         ADJUSTED BOOK BALANCE

Bank balance              $59,549      Book balance         $61,709

+ Deposit in transit      $4,250        Interest earned          $33

- Outstanding checks  <u>$2,075</u>        Bank service fees      <u>$18</u>

Adjusted book             <u>$61,724</u>                                    <u>$61,724</u>

balance

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Answer:

The answer is "16 hours"

Explanation:

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4 0
3 years ago
A sewage treatment revenue bond issue is being underwritten on a negotiated basis. The offering consists of $50,000,000 par valu
Slav-nsk [51]

Answer:

The multiple choices are :

a.$8

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Explanation:

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Option D is wrong as well because $45 per bond is the spread  which is the extra yield to bondholders when compared to investment in government securities

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3 years ago
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Answer:

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3 years ago
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As per given data

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6 0
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Answer:

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Juanita should purchase the skirt at her local store because the total economic cost will be lowest ($125)

5 0
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