Wright company's cash account shows a $27,700 debit balance and its bank statement shows $26,000 on deposit at the close of business on may 31. the may 31 bank statement lists $110 in bank service charges; the company has not yet recorded the cost of these services. outstanding checks as of may 31 total $5,700. may 31 cash receipts of $6,300 were placed in the bank’s night depository after banking hours and were not recorded on the may 31 bank statement. in reviewing the bank statement, a $410 check written by smith company was mistakenly drawn against wright’s account. the bank statement shows a $580 nsf check from a customer; the company has not yet recorded this nsf check. prepare its bank reconciliation using the above information.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer; ( prices are sticky);

750 h and costs $0.60 per bulb.