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Andreas93 [3]
3 years ago
6

After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p

e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Business
1 answer:
Taya2010 [7]3 years ago
8 0

Answer:

A

Explanation:

After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.

Once the balances are equal,<em> businesses need to prepare journal entries </em>for the adjustments to the balance per books.

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3 years ago
Determine the adjusted basis of each of the following assets:
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Answer and Explanation:

The computation is shown below:

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Particulars       Business Use Personal Use    Total

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b    

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Remodeling cost        $8,000  

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Adjusted basis         $187,380 $80,000           $110,000

We simply classify the cost to each type of asset which is shown above

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3 years ago
An investment advisor has a client base composed of high net worth individuals. In her personal portfolio, the advisor has an in
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She must however disclose to them that she has an investment in the company so that they can decide on their own if this may have biased her decision towards the company as a viable investment option.

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6 0
3 years ago
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