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Vlad [161]
3 years ago
7

Select the items below which must be adjusted to the book balance: ________

Business
1 answer:
Alona [7]3 years ago
6 0

Answer:

b. Book Error

e. Interest earned on the Checking account

f. Collections of Accounts receivable by the bank.

Explanation:

Items which must be adjusted to the book balance as this question is concerned are <u>Book Error</u>, <u>Interest earned on the Checking account</u> & <u>Collections of Accounts receivable by the bank.</u>

These above items require adjustment in book balance to compute the adjusted book balance.

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Answer:

The journal entries alongwith its explanation are as under:

Explanation:

Journal entry at Jan 3, to record purchase of treasury stock would include the recording of treasury stock at the price paid to the shareholders for purchase of the stock, the journal entry is as under:

Dr Treasury Stock (1800 share*$8 per share) $14,400

Cr Cash                                                                      $14,400  

 

Journal entry at Jan 30, of selling treasury stock would include the elimination of the treasury stock at the amount purchased and the remainder will will be the Paid-In Capital, the journal entry is as under:

Dr Cash (1200*9)                 $10,800

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Cr Paid in capital from sale of treasury stock $1,200

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Who are angel investors? Give some characteristics and discuss their motivations, etc.
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Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem
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Answer:

See below

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Computation of Cash flow

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