What are some of googles resources

Nolan Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close

algol13

Answer:

Balance as per cash book $ 20,621

Less: Debit memorandum $ ( 22)

Add: Interest earned on bank balance $ 34

Add: Correction of error $ 9

Adjusted balance per cash book $ 20,642

Balance as per bank statement $ 19,791

Add: Deposits in Transit $ 3,333

Less: Outstanding checks $ ( 2,482)

Adjusted balance per bank statement $ 20,642

Explanation:

The debit memorandum from the bank has to be adjusted from the cash book. This is only known from the bank statement

The interest earned on the bank balance is only known from the bank statement and has to be adjusted in the cash book

The correction of error needs to be corrected in the cash book.

The deposits in transit have been recorded in the cash book so no adjustment is needed there. The money has not been deposited so the bank statement balance has to be added thereto,

The checks issued by the Company, have been properly recorded in the cash book, however, since the checks have not been encashed the bank balance needs to be reduced to reconcile the balance.

3 0

3 years ago

The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It

grin007 [14]

Answer:

There are several question

Explanation:

You do not provide the equipment adquisition value.

I will help you with this incomplete question, by giving you the procedure to reach the answers of your problem:

The information about concerts is not useful to determinate the straight-line depreciation, so you will ignore that part, on striaght-line you must focus on the espected life of the long-term asset, the adquisition value and the salvage value.

For depreciation expense for year 1.

You will do (adquisition value - salvage value ($2,000)) /4 years

The first part means, the ammount from which the band purchase the equipment, less the ammount they can sell it at the end of his useful life. This will be the ammount subject to depreciation.

Last part will be to divide this by the useful life in year.

Book value at the moment of revision will be:

book value = adquisition value - acumulated depreciation

Were the acumulated depreciation will be sum of the depreciation expense over the years. In this case we only have 1 depreciation so it will be

acumulated depreciation: dep expense year 1

Remaining depreciable cost at year 1 will be:

amount subject to depreciation - acumulated depreciation

remember that amount subject to depreciation will be:

adquisition value - salvage value

and the acumulated depreciation is the sum of the depreication of each year.

For depreciation expense for year 2

Then you will do (adquisition value - salvage value) / 3 years

Because the expected life decrease this value will be higher than year 1

7 0

3 years ago

The Herfindahl-Hirschman Index is a measure of market power that focuses on:

professor190 [17]

Answer:

C

Explanation:

Measures concentration by adding market shares squared

7 0

3 years ago

Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu

gogolik [260]

A(4billion)

Because I 4-(5-22)-2

7 0

3 years ago

A client reporting recent right eye discomfort is diagnosed with chalazion of the right eye. The nurse reinforces instructions t

STatiana [176]

Answer:

"I should apply warm packs to my eye"

Explanation:

First and foremost what kind of infection is a Chalazion

A chalazion represents a cyst or lump usually found to be growing slowly within one's eyelid. The characteristic of this cyst is that it does not last for long, usually goes away after a few weeks and it is not usually accompanied by pain. Although there are occasions where it would warrant more urgent measures and treatments

One very effective way of treating or caring for the eye during the infection is to apply warm compresses to it. To do this the person should put a cloth into a bowl of warm water, wring out the water from the cloth and then apply it over the eye for a 10 to 15 minutes period.

Therefore, an understanding of the need to apply warm packs to the eye indicates an understanding of the necessary measures to be taken by the client.

5 0

3 years ago