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AnnyKZ [126]
3 years ago
5

On December 10, you receive your bank statement showing a balance of $2,979.94. Your checkbook shows a balance of $2,778.88. Out

standing checks are $381.83 and $171.57. The account earned $126.83. Deposits in transit amount to $472.17, and there is a service charge of $7.00. Calculate the reconciled balance Group of answer choices
Business
1 answer:
babunello [35]3 years ago
6 0

Answer:

See below

Explanation:

Balance per bank statement $2,979.94

Add: Interest earned $126.83

Less:

Check book balance $2,788.88

Add: Oustanding checks

($381.83 + $171.57)

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Acquisition Cost of Long-Lived Asset The following data relate to a firm’s purchase of a machine used in the manufacture of its
klemol [59]

Answer:

The acquisition cost is $38140

Explanation:

acquisiton cost = invoice price + applicable sales tax - cash discount + freight paid + cost of insurance + installation cost +testing and adjusting costt                

= $34000 + $2000 - $400 + $260 + $125 + $2000 + $425

= $38410

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3 years ago
Planning teams are most effective when:
Free_Kalibri [48]
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3 years ago
Ryan, a professional bass fisherman, is trying to determine which lure is most effective on wakeby lake—the plastic worm he norm
alexandr402 [8]

The answer is<u> "The plastic worm".</u>

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8 0
4 years ago
Ordonez Lumber Yard has a current accounts receivable balance of $442,016. Credit sales for the year just ended were $9,358,610.
shutvik [7]

Answer:

Receivables turnover= Sales/ Accounts Receivables

Receivables turnover= $9,358,610 / $442,016

Receivables turnover= 21.173 times

Days' sales in receivables= 365 days/ Receivables turnover

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8 0
3 years ago
VelSad is contemplating the acquisition of Po, Inc. The values of the two companies as separate entities are $32 million and $16
svetoff [14.1K]

Answer:

7.58m

Explanation:

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