1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
siniylev [52]
2 years ago
7

The treasurer for Rahm Corp. was preparing a bank reconciliation as of September 30, 2017. The following items were identified:

Rahm's book balance $32,800 Deposits in transit 4,300 Outstanding checks 2,200 Interest earned on checking account 100 Customer's NSF check returned by the bank 400 Rahm Corp.'s adjusted cash balance at September 30, 2017 is
Business
1 answer:
Mariulka [41]2 years ago
6 0

Answer:

$32,500

Explanation:

The items that appear on the Bank Statement and not on the Cash Book are used to update the Cash Book Balance.

Rahm Corp

Cash Book

Debit :

Balance before adjustment             $32,800

Interest earned                                       $100

Total                                                  $32,900

Credit :

Dishonored check                                $400

Balance (adjusted)                          $32,500

Total                                                 $32,900

Therefore,

Rahm Corp.'s adjusted cash balance at September 30, 2017 is $32,500

You might be interested in
A firm produces three types of computers (small, medium, and large). Demand for the computers is such that 100 small, 200 medium
salantis [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
Which of the following forms of business organizations does not have the pass-through feature of income and losses? a. partnersh
Sauron [17]

Answer:

c. corporation

Explanation:

A corporation is a type of business ownership that recognizes a business as a separate entity from its owners. Legally, a corporation is an independent person with commercial rights like any other person. A corporation is entitled to de business, incur debts, acquires assets, and make profits.

A corporation is expected to file its income tax returns at the end of every financial year. The owners of a corporation or its shareholders are also expected to file their separate income tax returns. An element of double taxation arises the business is taxed, and the owners are also taxed separately. In the other form of business ownership, the business incomes pass as owner's income resulting in single taxation.

3 0
3 years ago
Given the following historical demand, what is the weighted moving average forecast (0.4, 0.3, 0.3) for Week 6?
Roman55 [17]

Answer:

The correct option is B. 9200.

Explanation:

This can simply be answered as follows:

F_{6} =(D_{5}*W_{5})+(D_{4}*W_{4})+(D_{3}*W_{3}) .................. (1)

Where:

F_{6} = Weighted moving average forecast (0.4, 0.3, 0.3) for Week 6 = ?

D_{5} = Week 5 demand = 11,000

D_{4} = Week 4 demand = 9,000

D_{3} = Week 3 demand = 7,000

The (0.4, 0.3, 0.3) implies that:

W_{5}  = Weight of Week 5 demand = 0.4

W_{4}  = Weight of Week 4 demand = 0.3

W_{3}  = Weight of Week 3 demand = 0.3

Substituting all the relevant values into equation (1), we have:

F_{6} = (11,000 * 0.40) + (9,000 * 0.30) + (7,000 * 0.30) = 9,200

Therefore, the correct option is B. 9200.

7 0
2 years ago
Mallory Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 1
Ghella [55]

Answer:

The answer is D

Explanation:

Solution:

Recall that:

Malloy Furniture purchases two products: Big shelves B and Medium shelves M

The cost of big shelf is =$500

The space required = 100 cubic feet

The cost of each medium shelf is =$300

Storage space = 90 cubic feet,

Now,

Since the values 100 and  90 is greater than 18000 cubic feet available for storage, what is required would be 100 big shelves and 100 medium shelves

5 0
3 years ago
Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
Rudik [331]

Answer:

Increase by $37,100.

It will accept any time the price is above $43 with the condition it will not incur in additional fixed cost.

$63. is the sales price that generates 106,000 dollar of operating income

Explanation:

As the units will not inccur in any additional fixed cost we should check for the contribution margin this units will provide:

50 dollars - 43 dollar of variable cost = 7 dollars

5,300 saws x $7 = 37,100

The sales reveues will increase by that amount.

(5,300 x $43 dollars each in cost + 106,000 contribution )/5,300 = sales price

sales price = 63

3 0
2 years ago
Other questions:
  • A traveler who wants to explore and preserve the natural environment is a cultural tourist. True or false
    8·2 answers
  • How can you determine if a company is profitable
    10·2 answers
  • What is the difference between global trade and domestic trade?
    10·2 answers
  • Can someone be my friend?
    14·2 answers
  • The management accountant at Woodhaven Cycle Shoppe developed a budget to establish the sales goals at the store in 2012. In 201
    7·1 answer
  • Suppose, you have $20,000 in your account. You receive a monthly
    5·1 answer
  • Jed goes to the deli to purchase turkey that costs $6.71 per pound. State regulations indicate that the scale used in the deli m
    7·1 answer
  • 65 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these emplo
    9·1 answer
  • This entire rach of children's clothes has a 25% off sign. Can you tell me how much this coat is with the discount? It's priced
    6·1 answer
  • ComChip is a computer chip manufacturer. Its stock is selling at​ $50 per share and earnings are​ $2 per share. What is theâ
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!