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Airida [17]
3 years ago
9

Concord Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per boo

ks, 8/31 $20200 Deposits in transit 930 Notes receivable and interest collected by bank 4880 Bank charge for check printing 130 Outstanding checks 11100 NSF check 1000 The adjusted cash balance per books on August 31 is $12850. $13720. $23950. $24880.
Business
1 answer:
matrenka [14]3 years ago
7 0

Answer:

C. $23,950

Explanation:

Given the above information, the adjusted cash book balance is computed as:

Adjusted cash balance per books = Cash opening + Collection by bank - Bank charge check printing - NSF check

= $20,200 + $4,880 - $130 - $1,000

= $23,950

Therefore, the adjusted cash balance per books on August 31 is $23,950

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What is the total stockholders' equity based on the following account balances?
Rashid [163]

Answer:

The total stockholders' equity amounts to $640,000

Explanation:

The total stockholders' equity is computed as:

Total stockholders' equity = Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock

where

Common Stock is $375,000

Paid-In Capital in Excess of Par is 90,000

Retained Earnings is 190,000

Treasury Stock is 15,000

Putting the values in the above:

= $375,000 + $90,000 + $190,000 - $15,000

= $655,000 - $15,000

= $640,000

3 0
3 years ago
How much does supplemental medicare insurance cost?.
Minchanka [31]

Answer:

50 dollers

Explanation:

hope this helps

6 0
2 years ago
I’ll mark the best one with 20 points
aleksklad [387]

Answer:

OPTION D:)THAT THE PROJECT IS APPROVED..

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3 0
2 years ago
post-closing trial balance is a list of ____________ accounts and their balances ____________ all _________- entries have been j
BigorU [14]

Post-closing trial balance is a list of <u>permanent</u> accounts and their balances<u> ledger</u> all <u>closing- </u>entries have been journalized and posted.

The post-closing trial balance is a balance sheet report that is made after the closing journal in order to ensure that the total balance in the general ledger is balanced or in accordance with the balance. This method is made in order to convince every accountant or businessman who makes closing journals so that they do not have an error in the calculation difference.

Generally, this balance sheet is able to produce real accounts, namely capital, assets and debt. However, nominal accounts, such as income and expenses, are closed by closing entries. Thus, the next step in making good financial statements is to present a statement of financial position, profit and loss, and capital so that later there will be no calculation errors.

You can learn more about post-closing trial balance here brainly.com/question/14562385

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4 0
10 months ago
Create a memo. The memo should include all parts of a memo and these parts should appear in the correct order. In your memo, giv
Hitman42 [59]

To: Stacy Shoe, Allen Sock, Emma Johnson

From: Alina Kincsem (write your name here)

Subject: How to open a word processing document

Date: October 12, 2018

This is to instruct the employees to turn the computer on and open a word processing document. Following steps are to be followed in order to do this:

1. Press your PC's power button and wait until the desktop screen appears.

2. Click on the start screen at the bottom left corner.

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Good luck with your task.


7 0
3 years ago
Read 2 more answers
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