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adoni [48]
3 years ago
14

Prepare a bank reconciliation as of October 31 from the following information:

Business
1 answer:
kakasveta [241]3 years ago
3 0

Answer:

              Bank Reconciliation Statement as of October 31

Particulars                       Amount    Particulars                     Amount

Balance as per bank          $350      Balance as per books    $806

Add: Late deposit               $433      Less: Returned checks   $80

Less: Outstanding check    $66       Less: Error recordings    $9

          ($24+$42)                                           ($65-$56)

Reconciled Balance           $717        Reconciled Balance       $717

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expeople1 [14]

Answer:

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8 0
3 years ago
If the economy were encountering a severe recession, proper monetary and fiscal policies would call for:
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4 0
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4 0
1 year ago
Tower Inc. owns 30% of Yale Co. and applies the equity method. During the current year, Tower bought inventory costing $66,000 a
Murrr4er [49]

Answer:

the amount deferred by tower as intra-entity gross profit: 3,240

Explanation:

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remains at year-end:

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gross profit: 24,000 - 13,200 = 10,800

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4 0
3 years ago
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Bingel [31]

Answer:

D works for a company and produces resources to make a prpduct

7 0
3 years ago
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