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LuckyWell [14K]
2 years ago
9

A company's Cash account shows an ending balance of $4,600. Reconciling items included a bookkeeper error of $105 (a $525 check

recorded as $630), two outstanding checks totaling $830, a service charge of $20, a deposit in transit of $260, and interest revenue of $33. What is the adjusted book balance
Business
1 answer:
aleksandrvk [35]2 years ago
6 0

Answer:

$5,275

Explanation:

Bank Reconciliation Statement

Balance as per Cash Book              $4,600

Add check error                                   $105

Add unpresented checks                    $830

Less Lodgments not yet credited     ($260)

Balance as per Bank Statement      $5,275

therefore,

The adjusted Cash book balance is $5,275

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Answer:

Supply-side bonding jumper

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3 years ago
All else being equal, does elastic or inelastic demand curve result in higher social surplus? How does elasticity of supply affe
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Answer:

An elastic demand curve will result in higher social surplus. Social surplus equals consumer surplus plus supplier surplus, or simply total surplus. The highest possible social surplus is reached at the equilibrium point.

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3 years ago
The privately-owned school system in Smalltown has a virtually unlimited capacity. It accepts all applicants and operates on bot
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Answer:

A

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The free rider has caused a decline in revenues and did not cause the private market to undersupply education to the community

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Quick ratio = 1.30 (Option C)

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