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statuscvo [17]
3 years ago
7

HELP PLEASE!!

Business
2 answers:
Veronika [31]3 years ago
7 0

Bank statement and Cash balance needs to be reconciled:

Bank Statement:

Opening Balance: $4,262.92

Add: Amount deposited: $ 220.05

Less: Cheque not yet clear: -$ 325.50

Less: Cheque not yet clear: -$ 497.65

________

Bank Balance $3,659.82

Balance as per Cash Book:

Opening Balance : $3,045.58

Add: Bank Credit: $ 651.84

Less: Bank Charges: -$ 37.6

______

Balance (Cash Book) $3,659.82

Hence the answer is C $3,659.82

boyakko [2]3 years ago
6 0
A is the answer because when you add them up you get 6 359.82
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Answer:

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Hale Company sells merchandise on account for $1,000 to Long Company with credit terms of 2/10, n/30. Long Company returns $200
Vladimir79 [104]

Answer:

Amount of Check = $784

so correct option is a. $784

Explanation:

given data

Merchandise on account = $1,000

Long Company returns  = $200

credit terms =  2/10

n/30

to find out

What is the amount of the check

solution

we know here that Total Merchandise will be

Total Merchandise = Merchandise on account  - returns   ....................1

Total Merchandise = $1000 - $200

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Amount of Check will be as

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put here value

Amount of Check = Total Merchandise - Discount  

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