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pickupchik [31]
3 years ago
9

Great Southeast ​Company's Cash account shows an ending balance of $ 660. The bank statement shows a $ 27 service charge and an

NSF check for $ 130. A $ 270 deposit is in​ transit, and outstanding checks total $ 310. What is Great Southeast​'s adjusted cash​ balance?
Business
1 answer:
Harman [31]3 years ago
4 0

Answer:

$503

Explanation:

The computation of the adjusted cash balance is shown below:

As we know that

Adjusted cash balance is = Cash ending balance - NSF Checks - Service charge

= $660 - $130 - $27

= $503

And we do not considered the other two items as they are not impact the cash balance

Basically we applied the above formula

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24%

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For the taxes due on April 2020 (current year taxes):

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If no deductions were available, they would owe $188,000 x 24% = $45,120 in taxes.

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A welder who quits his job and moves from Pittsburgh to Madison to try to get a better welding job is said to be:Group of answer
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2 years ago
Lowe's is the second-largest home improvement retailer in the world, with 2,002 stores. During its fiscal year ended in February
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The financial statement effects template records Lowe's purchases for the fiscal year ended February 28, 2019 as follows:

Transaction        Assets                       =   Liabilities   +   Equity

Purchases          $0       +   $49,569    =   $49,569     +    $0

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The accounts equally affected by the purchases on account are the Inventory and the Accounts Payable.

Data Analysis:

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Related question on the financial statement effects at brainly.com/question/16362041

4 0
2 years ago
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3 years ago
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