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VashaNatasha [74]
2 years ago
14

On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,744. Cash receipts yet to be de

posited into the checking account total $3,138, and checks written by the academy but not yet processed by the bank total $1,225. The company's balance of cash does not reflect a bank service fee of $15 and interest earned on the checking account of $26. These amounts are included in the balance of cash of $5,842 reported by the bank as of the end of August. Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on August 31, 2021. (Amounts to be deducted should be indicated with a minus sign.)
Business
1 answer:
lord [1]2 years ago
6 0

Answer:

Dj Khalid why am I yelling

Explanation:

fatfat

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3 years ago
The rental income generated by a lease can depend significantly on the proportion of property-level operating expenses paid by t
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4) Triple net lease

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3 years ago
As treasury secretary, Alexander Hamilton Select one: a. wanted to eliminate the national debt. b. opposed the federal governmen
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Answer:

C) supported the creation of a national bank.

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As the first treasury secretary, Alexander Hamilton supported the creation of a national bank because he believed it would strengthen the national economy, since the country had been recently formed.

He finally succeeded in creating the Bank of the United States in 1791, which was the first national bank of the US. The Bank of the US started operating in 1797 in Philadelphia.

5 0
3 years ago
All of the following are reasons for a company to repurchase its previously issued stock, except:
gladu [14]

Answer:

The correct answer is option d. to increase the shares outstanding.

Explanation:

A company can repurchase its previously purchased stocks to resell to the employees, for bonuses to employees and to even support the market price of the stock.

But the company certainly will not repurchase its previously purchased stocks  to increase the shares outstanding.

I hope the answer is helpful.

Thanks for asking.

4 0
3 years ago
holdup bank has an issue of prefered stock witha standard deviation of $7 that just sold for $87 per share. What is the banks co
alisha [4.7K]

Answer: 8.05%

Explanation:

From the question, we are informed that Holdup bank has an issue of prefered stock witha stated dividend of $7 that just sold for $87 per share.

The banks cost of prefered will be:

= Dividend / Stock value

= 7/87

= 0.0805

= 8.05%

6 0
3 years ago
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