The following information pertains to lance company. 1. cash balance per bank, july 31, $7,328. 2. july bank service charge not recorded by the depositor $38. 3. cash balance per books, july 31, $7,364. 4. deposits in transit, july 31, $2,700. 5. $2,016 collected for lance company in july by the bank through electronic funds transfer. the collection has not been recorded by lance company. 6. outstanding checks, july 31, $686.i- prepare a bank reconciliation at july 31, 2017.ii- journalize the adjusting entries at july 31 on the books of lance company.

What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation

Mbo works by objectives moving through the organization; that is, top managers set general organizational objectives, which are translated into divisional objectives, which are translated into departmental objectives. the hierarchy ends in individual objectives set by each employee. this is an example of mbo working as objectives through the organization.