Hector company gathered the following reconciling information in preparing its march bank reconciliation: cash balance per books, 3/31 $12,000 notes receivable collected by bank 6,000 outstanding checks 9,000 deposits in transit 4,500 bank service charge 75 nsf check 1,200 using the above information, determine the adjusted cash balance for march.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.