1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melamori03 [73]
3 years ago
15

Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

usiness on August 31, its Cash account shows a debit balance of $13,162. Franklin's August bank statement shows $14,237 on deposit in the bank. Determine the adjusted cash balance using the following information:
Business
1 answer:
OlgaM077 [116]3 years ago
8 0

Answer:

$14,837

Explanation:

Calculation for what The adjusted cash balance should be

Bank balance$14,237

Add Deposit in transit$4,500

Less Outstanding checks ($3,900)

Adjusted bank balance$14,837

($14,237+$4,500-$3,900)

Book balance$13,162

Less Bank service fees ($50)

Add Note collected $1,725

Adjusted book balance$14,837

($13,162-$50+$1,725)

Therefore The adjusted cash balance should be:

$14,837

You might be interested in
Horizontal analysis: Multiple Choice Evaluates financial data across industries. Is a method used to evaluate changes in financi
Anastasy [175]

Answer:

The correct answer is letter "B": Is a method used to evaluate changes in financial data across time.

Explanation:

Horizontal analysis compares the balance sheet or income statement of an entity over two or more periods. It is called horizontal analysis because it arranges numbers side by side to make direct comparisons so that improvements can be seen more easily.

4 0
3 years ago
Which of the following describes a situation in which a shortage occurs?
Dahasolnce [82]

Answer:

C. Consumers want more video game systems then the company can make.

6 0
3 years ago
Alicia really doesn’t like her new boss and is not happy with the new tasks she’s been assigned and the long hours she’s been wo
boyakko [2]

Answer:

E. low job satisfaction.

Explanation:

Low job satisfaction: It is one of the negative forces that drive the organization backward in achieving its objective as a team. Job dissatisfaction could lead to low productivity at the workplace, which will impact the growth of the team over a period of time. The organization needs to take note of these factors that affect its growth process. There are several reasons that cause a decline in job satisfaction:

  • Limited career growth.
  • Underpaid.
  • Poor management.
  • unsupportinve boss.
  • Lack of meaningful work.
  • Work and life balance.

Above are only few reason that cause low job satisfaction, there could be many. In the given case, Alicia is not satisfied with her job as she does not like boss, she is having long working hours and she is not enjoying new task, she is assigned.

3 0
4 years ago
Which change within the federal government results from the census that is taken every ten years?
andrezito [222]

Some states lose or gain members in the House of Representatives.

8 0
4 years ago
Fred Stone is an employee of Henrock Company. During the first part of the year, Stone earned $4,340 while working in State Q. F
lyudmila [28]

Answer:

$280

Explanation:

SUTA is a synonym for State Unemployment Tax paid by employers and employees , and used by the government to provide the insurance expenditures for the unemployed citizens

The reciprocal arrangement exempts the tax payer from his former country of work. H e will be taxed in the new country of work at the applicable rate

SUTA ceiling earning = $7000

SUTA rate = 4.0%

SUTA = $280

5 0
4 years ago
Other questions:
  • When performing a cma, what unit of comparison is used?
    11·1 answer
  • A method of selling in which a salesperson makes a telephone call or a visit to a prospective customer without a referral is cal
    8·1 answer
  • A texas household receives a social security check for $1500, which it uses to purchase a $40 pair of shoes made in thailand by
    5·1 answer
  • A manufacturing firm is very busy and overtime is being worked. What would the amount of overtime premium contained in direct wa
    9·1 answer
  • Agent Martinez wishes to solicit Medicare Advantage prospects through e-mail and asks you for advice as to whether this is possi
    5·1 answer
  • Research shows that _____ acculturation leads to better health effects.
    13·1 answer
  • On January 1, 2019, Crouser Company sold the land to Chad Company, accepting a 2-year, $150,000, non-interest-bearing note due J
    15·1 answer
  • New lithographic equipment, acquired at a cost of $859,200 on March 1 of Year 1 (beginning of the fiscal year), has an estimated
    15·1 answer
  • Adophus, Inc.'s 2010 income statement reported total revenues of $850,000 and total expenses (including $40,000 depreciation) of
    13·1 answer
  • BRAINLIEST!!
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!