Business, 14.02.2020 03:25 jackrider6563

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.
The following information pertains to Lance Compan

The following information pertains to Lance Compan
1- Prepare a bank reconciliation at July 31, 2017
2- Journalize the adjusting entries at July 31 on the books of Lance Company

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:00

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?

Answers: 2

Answer

Business, 22.06.2019 02:30

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

Answers: 2

Answer

Business, 22.06.2019 12:20

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

Answers: 3

Answer

Business, 22.06.2019 17:30

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots

Answers: 1

Answer

You know the right answer?

The following information pertains to Lance Company.
1. Cash balance per bank, July 31, $7,328...

Questions