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
Anvisha [2.4K]
3 years ago
7

Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per

books, 8/31 $19,500 Deposits in transit 900 Notes receivable and interest collected by bank 4,800 Bank charge for check printing 120 Outstanding checks 12,000 NSF check 1,020 The adjusted cash balance per books on August 31 is
a. $11,160.
b. $12,060.
c. $23,160.
d. $24,060.
Business
1 answer:
Alchen [17]3 years ago
6 0

Answer:

c. $23,160

Explanation:

Adjusted cash balance per books as at August 31

Cash balance per book $19,500

Add Notes receivable and interest collected by bank $4,800

($19,500+$4800) $24,300

Less:(Deposits in transit $900

-NSF check 1,020) ($120)

NSF check (1,020)

Cash balance per books $23,160

You might be interested in
On January 1, 2013, Warfield Co. purchased a $600,000 machine, with a five-year useful life and no salvage value. The machine wa
natulia [17]

Answer:

$0

Explanation:

In the case when the depreciation method is changed so it should be treated propectively. The past year depreciation amount remains the same. So the starting year of change having no difference should be produced but the beginning to the closing year of change the deferred tax liability should be recorded the difference occured in the future that lies between the book and tax depreciation

So, it should be zero

4 0
3 years ago
Platforms often store personal data subject to security clauses in data protection regulations such as GDPR or the Data Protecti
storchak [24]

Answer: by keeping regular backup of collected data in case of data loss.

Explanation:

Platforms often store personal data subject to security clauses in data protection regulations such as GDPR or the Data Protection Act.

It should be noted that when this type of sensitive data is hosted on a platform, an organization account for these considerations by keeping regular backup of the data collected. This is essential in a situation where there's data loss so that the day can be gotten from the backup.

7 0
3 years ago
Creating a favorable impression and building trust with prospective customers is a critical part of the __________ step of perso
AnnyKZ [126]

Answer:

Approach

Explanation:

Personal selling in the domain of finance involves the process in which customer are able to convinced about a products to buy them, it is usually utilized by sales person and it involves many steps . It should be noted that Creating a favorable impression and building trust with prospective customers is a critical part of the approach step of personal selling.

3 0
4 years ago
In 2020, Neighbor Co-Op Inc. sells 1,000 beverages in glass bottles and receives a $1.00 deposit for each returnable bottle sold
strojnjashka [21]

Answer:

a.

Date                      Account Title                                    Debit                Credit

Dec, 31. 2020       Cash                                              $1,000

                             Customer Deposits                                                  $1,000

b.

Date                      Account Title                                    Debit                Credit

Dec, 31. 2020       Customer deposits                          $800

                             Cash                                                                         $800

c.

Date                      Account Title                                    Debit                Credit

Dec, 31. 2020       Customer deposits                          $120

                             Breakage Revenue                                                   $120

                            Cost of goods sold(0.8 * 120)         $  96

                            Inventory                                                                   $  96

7 0
3 years ago
A problem with creating team incentive plans is that:
Leni [432]

Answer:

The answer is (B) not all teams are created alike.

Explanation:

This is important since different teams might be composed of differently skilled individuals which might impact their ability to complete the target tasks assigned. When teams that are composed of different skill levels are given similar incentive regardless, it does not reward individual effort and create a stagnant condition.

7 0
4 years ago
Other questions:
  • Joshua is a highly accomplished soccer player and a successful coach. he is often hired by other coaches to run soccer clinics a
    5·1 answer
  • Which of the following is the number one method of financing for most new businesses​
    7·1 answer
  • Bookkeeping refers to the process of ____ the accounting transactions of a firm.
    9·1 answer
  • "A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average numbe
    15·1 answer
  • The intrinsic value of CSR sees it as an opportunity that can maximize core competencies and identify new competitive ______.
    10·1 answer
  • Simplify (7^5)^3 <br><br>A)(1/7)^15<br>B)35^3<br>C)7^15<br>D)7^8
    15·2 answers
  • Central Systems desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt of 4.8 percent
    13·1 answer
  • N Florida, any driver less than 21 years of age who is stopped by law enforcement and has a breath or blood alcohol level of .02
    12·1 answer
  • One exabyte = 1,000 <br>A. petabytes <br>B.megabytes <br>C. gigabytes <br>D. nanobytes​
    6·1 answer
  • All else being equal, a decrease in ________ would shift the long-run aggregate supply curve (lras) to the left.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!