subject
Business, 10.04.2021 23:40 raebruh3154

If a check that was outstanding on last period's bank reconciliation was not among the cancelled checks returned by the bank this period, in preparing this period's reconciliation, the amount of this check should be: a) Deducted from the book balance of cash as an outstanding check.
b)Deducted from the bank balance of cash as an outstanding check.
c)Added to the book balance of cash as an outstanding check.
d)Added to the bank balance of cash as an outstanding check.
e)Ignored in preparing the period's bank reconciliation as an outstanding check.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:50
Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:
Answers: 2
question
Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
question
Business, 22.06.2019 12:40
Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false
Answers: 3
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
You know the right answer?
If a check that was outstanding on last period's bank reconciliation was not among the cancelled che...
Questions
question
Business, 12.10.2021 07:00
question
Chemistry, 12.10.2021 07:00
question
Mathematics, 12.10.2021 07:00
question
Mathematics, 12.10.2021 07:00
question
Mathematics, 12.10.2021 07:00
Questions on the website: 13722367