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alexgriva [62]
3 years ago
9

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines

s on June 30, its Cash account shows a debit balance of $62,709. Easton's June bank statement shows $60,349 on deposit in the bank. Determine the adjusted cash balance using the following information:
Deposit in transit Outstanding checks Check printing fee, not yet recorded by company Interest earned on account, not yet recorded by the company $ 35 $4, 550 $2,175 $ 20 The adjusted cash balance should be:__________.
a) $62,689
b) $62,744
c) $64,899
Business
1 answer:
dangina [55]3 years ago
7 0

Answer:

it would be 64,899

Explanation:

i did the test :D

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How might a customer react to a salesperson's<br> weak handshake?
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A school is watching students as they enter the football game for students who are
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The probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

<h3>What is probability?</h3>

Probability refers to the chance that an outcome occurs given the possibility of many outcomes.

As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.

<h3>Data and Calculations:</h3>

Estimated proportion of students dressed inappropriately = 7%

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Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).

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2 years ago
Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions involve transaction
Stolb23 [73]

Answer: B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.

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8 0
3 years ago
arter Company sells merchandise on account for $4,000 to Hannah Company with credit terms of 2/10, n/30. Hannah Company returns
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Answer:

The answers are:

  • Cr Accounts receivable $4,000
  • Dr $3,332 Cash
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Explanation:

The credit terms of 2/10, n/30 means that if Hannah Company pays within ten days, they will get a 2% discount, or they have thirty days to pay the full receipt.

Hannah's check should be for:

($4,000 - $600) x 0.98% = $3,400 x 0.98% = $3,332  

Arter Company should record the following entries:

Cr Accounts receivable $4,000

Dr $3,332 Cash

Dr $68 Sales discount

Dr $600 returned merchandise (damaged)

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