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
Anika [276]
3 years ago
6

Wildhorse Co. wrote checks totaling $41500 during October and $45321 during November. $39460 of these checks cleared the bank in

October, and $44275 cleared the bank in November. What was the amount of outstanding checks on November 30?
Business
1 answer:
Natalka [10]3 years ago
8 0

Answer: $3,086

Explanation:

Wrote checks totaling $41,500 in

October less $39,460 of these checks cleared in October

Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November

Balance of uncleared checks

In October is $41,500 - $39,460 = $2,040

In November is $45,321 - $44,275 = $1,046

Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086

You might be interested in
Bay City Company’s fixed budget performance report for July follows. The $440,000 budgeted total expenses include $300,000 var
vredina [299]

Answer:

Bay City Company

Flexible Budget Performance Report:

                                         Flexible Budget    Actual Results    Variances

Sales (in units)                            4,900                4,900

Sales (in dollars)                  $392,000          $431,200        $39,200 F

Total expenses:

Variable expenses                245,000           276,000           31,200 U

Fixed expenses                     140,000            130,000            10,000 F

Total expenses                     385,000           406,000            21,200 U

Income from operations        $7,000           $25,200          $18,200 U

Explanation:

a) Data and Calculations:

Variable expenses = $300,000

Fixed expenses =      $140,000

Budgeted total expenses = $440,000

Actual expenses:

Fixed expenses = $130,000

                                         Fixed Budget    Actual Results    Variances

Sales (in units)                            6,000                4,900

Sales (in dollars)                  $480,000          $431,200        $48,800 U

Total expenses                     440,000           406,000           34,000 F

Income from operations      $40,000           $25,200         $14,800 U

Flexing the budgets:

Sales revenue = $392,000 ($480,000/6,000 * 4,900)

Variable expenses = $245,000 ($300,000/6,000 * $4,900)

Actual variable expenses = $276,000 ($406,000 - $130,000)

6 0
2 years ago
On October 31, 20X5, West Company received a condemnation award of $450,000 as compensation for the forced sale of a warehouse.
Luba_88 [7]

Answer:

$175,000

Explanation:

Calculation to determine West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of

Using this formula

Gain on condemnation=Compensation for the forced sale-Book value

Let plug in the formula

Gain on condemnation=$450,000-$275,000

Gain on condemnation=$175,000

Therefore what should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of $175,000

6 0
2 years ago
There is only one accepted format for a formal business letter.<br><br> True<br> False
Dimas [21]

False, there are more than one accepted letter format.

Let's get further into learning this:

There are two basic groups, The Block Format and The Various Indented formats.

Stay Happy!

7 0
3 years ago
Companies transmit over the internet because the internet ________.
Lera25 [3.4K]
<span>the answer to the question is : is inexpensive</span>
8 0
3 years ago
An A-B design does not demonstrate a functional relationship between the treatment and the target behavior because there is no:
balandron [24]

Answer: REPLICATION

Explanation:An A-B design is a single case or a single subject design that deals with the study and analysis of both applied Behavior and Behaviors which concerns Human and non Human subjects. This type of design does not involve repetition of treatments which means it is a one case scenario, A-B design is a two phase design made up of a baseline known as ("A" phase) without change and a ("B" phase) known as a treatment phase. If during the experiment their is a change,it means the it means the treatment has an effect.

5 0
3 years ago
Other questions:
  • Economic regulation occurs when
    15·1 answer
  • Mcmurtry Corporation sells a product for $170 per unit. The product's current sales are 10,000 units and its break-even sales ar
    14·1 answer
  • Which of the following are correct concerning customer background and financial information, according to options exchange rules
    13·1 answer
  • The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta
    6·1 answer
  • Katrine works for a major audio components manufacturer. It is her job to plan and control how the raw materials used to make th
    9·1 answer
  • In an economy where planned aggregate spending is given by PAE = 5,500 + 0.6Y - 20,000r, the interest rate is currently 5 percen
    14·1 answer
  • Dan is excited to start marketing and selling his new indoor practice hockey tarps and would like to start today. He already has
    10·1 answer
  • Dr. Osorno was served with a malpractice lawsuit based on allegedly removing the wrong organ. Following discovery, it becomes cl
    12·1 answer
  • The reported net incomes for the first 2 years of Sarasota Products, Inc., were as follows: 2020, $155,500; 2021, $188,100. Earl
    5·1 answer
  • SEE
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!