Sunland company had checks outstanding totaling $9700 on its june bank reconciliation. in july, sunland company issued checks totaling $77900. the july bank statement shows that $76900 in checks cleared the bank in july. a check from one of sunland company's customers in the amount of $980 was also returned marked "nsf." the amount of outstanding checks on sunland company's july bank reconciliation should be:

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Why has the free enterprise system been modified to include some government intervention?

From what part of income should someone take savings?