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3 years ago

The August 31 balance shown on the bank statement is $9,813.

Business

1 answer:

Andrej [43]3 years ago

7 0

Answer:

Adjusted Balance per bank $9,199

Adjusted Balance per books $9,199

Explanation:

Preparation of a bank reconciliation as of August 31

Balance per bank on August 31 $9,813

Add Deposit in transit $1,263

Less Outstanding checks ($1,877)

Adjusted Balance per bank $9,199

Balance per books on August 31 $9,371

Add Interest earned $116

Less Bank charge ($35)

Less Error in Books ($253)

($626-$373)

Adjusted Balance per books $9,199

Therefore the bank reconciliation as of August 31 will be:

Adjusted Balance per bank $9,199

Adjusted Balance per books $9,199

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Answer:

a. true

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Treasury Bonds are _______.A. liquid, but not a store of value. B. a store of value, but not liquid. C. both liquid and a store

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Answer:

C. both liquid and a store of value.

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3 years ago

As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets o

fgiga [73]

Answer:

See below

Explanation:

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= $3,000,000 / 761,000

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3 years ago

Account Balances

Mashutka [201]

If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.

<h3>What is account balance?</h3>

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Therefore, the balance of Equity remains unaffected by the payment of loan.

Learn more about the loan, refer to;

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2 years ago