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Rufina [12.5K]
3 years ago
15

The Tanner Company's April 30 pre-reconciliation cash balance on its books was $35,000. While preparing the April 30 bank reconc

iliation, Tanner determined that outstanding checks total $11,000, deposits in transit total $7,000, and bank service charges are $50. How much was Tanner's April 30 cash balance per the bank statementa. $31,000.
b. $30,950.
c. $38,950.
d. $39,000.
Business
1 answer:
siniylev [52]3 years ago
4 0
C. $38,950 hope this helped stay safe
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Government spending refers to the total outflow of resources made by the govt. for the betterment of economy. However the decrease in tax will not directly be considered an outflow but it surely does increase their revenue leading to more demand in the economy.

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4 years ago
Which of the following statements is CORRECT?a. If the cost of capital declines, this lowers a project's NPV.b. The NPV method i
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