The balance in happ inc.’s general ledger cash account was $71,580 at september 30, before reconciliation. the september 30 balance shown in the bank statement was $63,780. reconciling items included deposits in transit, $6,200; bank service charges, $120; nsf check written by a customer and returned with the bank statement, $2,850; outstanding checks, $1,280; and interest credited to the account during september but not recorded on the company’s books, $90.

prepare a bank reconciliation as of september 30 for happ inc.

What would be the input, conversion and output of developing a new soft drink

Which term refers to the cost that motivates an economic decision

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.