Jansen company’s general ledger showed a checking account balance of $24,320 at the end of may 2018. the may 31 cash receipts of $2,390, included in the general ledger balance, were placed in the night depository at the bank on may 31 and were processed by the bank on june 1. the bank statement dated may 31, 2018, showed bank service charges of $43. all checks written by the company had been processed by the bank by may 31 and were listed on the bank statement except for checks totaling $1,940. required: prepare a bank reconciliation as of may 31, 2018. [hint: you will need to compute the balance that would appear on the bank statement.]

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

What is the relationship between credit and debt?

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was: