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4 years ago

Bank Reconciliation

Business

1 answer:

Karo-lina-s [1.5K]4 years ago

5 0

Answer:

Cash balance according to the bank $23,557.98

+ deposits in transit $12,125.25

- outstanding check N⁰ 124 ($62)

- outstanding check N⁰ 125 ($42)

- outstanding check N⁰ 129 ($1,250)

adjusted bank balance = $34,329.23

Cash account balance $51,596.88

+ note collected by bank $15,250.75

- NSF check ($23,475.40)

- Bank fees ($250)

- Error in recording check N⁰ 125 ($9,000)

adjusted cash account balance = $34,122.23

two errors were detected:

outstanding check N⁰ 125 correct amount is ($24)
bank fees are $25

so the readjusted balances are:

adjusted bank balance = $34,329.23 + ($42 - $24) = $34,347.23

adjusted cash account balance = $34,122.23 + ($250 - $25) = $34,347.23

now both accounts are equal.

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3 years ago

The price that a company charged for a computer accessory is given by the equation mc013-1. Jpg where x is the number of accesso

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Question Completion:

The price that a company charged for a computer accessory is given by the equation 100-10x^2 where x is the number of accessories that are produced, in millions. It costs the company $10 to make each accessory. The company currently produces 2 million accessories and makes a profit of 100 million dollars. What other number of accessories produced yields approximately the same profit?

Answer Options:

A. 1.45 million

B. 3.45 million

C. 40 million

D. 48 million

Thus, the other number of accessories the company produced which yields approximately the same profit is A. 1.45 million.

Learn more about using the profit function to determine the production or sales quantity here: brainly.com/question/1456472 and brainly.com/question/25395113

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