The accounting records of golden company showed cash of $15,250 at june 30. the balance per the bank statement at june 30 was $15,125. the only reconciling items were deposits in transit of $3,200, outstanding checks totaling $4,100, an nsf check for $1,000 returned by the bank which golden had not yet charged back to the customer, and a bank service charge of $25. the preparation of the bank reconciliation should indicate that golden's adjusted cash balance at june 30 is: a) $14,225. b) $15,525. c) $15,375. d) $14,475.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?