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3 years ago

The following information pertains to Blossom Company.

Business

1 answer:

Dimas [21]3 years ago

4 0

Answer:

A. Adjusted cash balance per bank $13,545

Adjusted cash balance per books $13,545

B. July 31

Dr Cash $2,520

Cr Accounts Receivable $2,520

July 31

Dr Bank service charge $63

Cr Cash $63

Explanation:

A. Preparation of a bank reconciliation at July 31, 2010

PHAROAH COMPANY

Bank Reconciliation

31-Jul-10

Cash Balance per bank statement $10,962

Add: Deposit in transit $4,473

$15,435

Less: Outstanding checks $1,890

Adjusted cash balance per bank $13,545

Cash balance per books $11,088

Add: Electronic fund transfer received $2,520

$13,608

less; Bank service charge $63

Adjusted cash balance per books $13,545

B. Preparation of the adjusting entries at July 31 on the books of Sunland Company.

July 31

Dr Cash $2,520

Cr Accounts Receivable $2,520

(To record electronic fund transfer received by bank)

July 31

Dr Bank service charge $63

Cr Cash $63

(To record bank service charges )

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Scorpion4ik [409]

Solution:

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Total income following fair growth = 11* 20= 220.

A 10% increase in the fare therefore leads to a 10% increase in the driver's revenue.

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When the rate increased from 10% to 11, riders declined from 20% to 19%

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The gap between revenue and fair growth is 19* 11= 209

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3 years ago

Stimpleton Company engages in the following cash payments:

choli [55]

Answer: Option A

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3 years ago

True Tomato Inc. makes organic ketchup. To promote its products, this firm decided to make bottlesin the shape of tomatoes. To a

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Answer:

3) physical-asset specificity

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The nominal interest rate will rise by 3%.

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To learn more, please check: brainly.com/question/21323568

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Answer:

See below

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