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RoseWind [281]
3 years ago
7

Cash balance per bank, July 31, $8,238. 2. July bank service charge not recorded by the depositor $58. 3. Cash balance per books

, July 31, $8,274. 4. Deposits in transit, July 31, $3,610. 5. $2,926 collected for Sunland Company in July by the bank through electronic funds transfer. The collection has not been recorded by Sunland Company. 6. Outstanding checks, July 31, $706
a. Prepare a bank reconciliation on July 31, 2017.
b. Journalize the adjusting entries for Sunland Company.
Business
1 answer:
IgorLugansk [536]3 years ago
4 0

Answer:

the adjusted cash balance is $ 11,142

service charge expense 58 debit

cash                             2868 debit

    accounts receivables        2926 credit

--to record bank reconciliation--

Explanation:

CASH

Balance               8274

Service Charge  -58

collection  <u>     2926</u>

Adjusted Balance 11,142

BANK

Balance                       8238

Outstanding Check -706

Deposit in transit     <u>    3610</u>

Adjusted Balance      11,142

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During the sensorimotor stage of cognitive development, the child:
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Answer:

The correct answer is d.

Explanation:

This stage extends from birth to the acquisition of the individual's language. Children build step-by-step knowledge and understanding of the world by coordinating experiences (such as sight and hearing) related to physical interaction with objects (such as grabbing and stepping).

The development of the permanence of the object is one of the characteristic achievements of this stage. Object permanence is the child's understanding that objects continue to exist even though he or she cannot perceive them.

Have a nice day!

4 0
2 years ago
Hot Shot Delivery Inc. provides the following year end data:
saw5 [17]

Answer:

27.3%

Explanation:

rate of retun on assets:

\frac{Income}{Assets} = $Assets rate of return

​where:

Net income:              112,000

2018 Assets:           410,000

\frac{112,000}{410,000} = $Assets rate of return

$Assets rate of return 0.2731707317073171‬ = 27.32%

During 2018 each dollar of assets generate 27.32 cents of income.

3 0
2 years ago
Lucas Diving Supplies Company, in its first year of business, had labor costs of $66,000, overhead costs of $98,000, materials p
bazaltina [42]

Answer:

the cost of goods manufactured is $183,000

Explanation:

The computation of the cost of goods manufactured is shown below:

Cost of goods manufactured = Labor cost + direct material purchased + overhead cost - ending balance of material - ending balance of work in process

= $66,000 + $22,000 + $98,000 - $1,000 - $2,000

= $183,000

Hence, the cost of goods manufactured is $183,000

6 0
2 years ago
Which component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order
Anni [7]

Answer:

E-commerce

Explanation:

Enterprise resource planning can be regarded as one that encompass

technologies as well as systems that is used by companies in managing and integrating their core business.

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can be regarded as E-commerce and can be explained as buying as well as selling of goods/services, it can as well be defined as transmitting of funds as well as data through electronic network, these could be the internet. These business transactions can appear as business-to-business (B2B), it can also be seen as business-to-consumer (B2C), it also be in form of

consumer-to-consumer as well as consumer-to-business.

It should be noted that E-commerce

component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order status and business-to-business (B2B) information related to suppliers and business partners

5 0
2 years ago
When conducting performance appraisals, Steve, an Operations Manager at Pucoy Inc., provides his team members with feedback abou
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The manager at Pucoy Inc. Steve is performing appraisal for the employees, he is performing appraisal using the development trait of the performance appraisal.

<h3>What is Appraisal? </h3>

Appraisal is the process of reviewing an employee's performance, this is usually conducted on a semi annual or annual period. The performance appraisal is usually conducted by the line manager and or a HR representative.

Steve is showing good qualities as he is appraising the employees, He is also providing feedback on the area of improvement and also discussing the future growth options and strategies for the employee in the organization. This trait is a development use of performance appraisal.

Performance appraisals are an important part in an organization as it encourages the employees to work hard and effective. The annual salary increments are also based on this performance appraisals.

Learn more about Appraisal at brainly.com/question/27335011

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7 0
1 year ago
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