In comparing the canceled checks on the bank statement with the entries in the accounting records, it is found that check number 4239 for november's rent was correctly written and drawn for $7,390 but was erroneously entered in the accounting records as $3,790. when preparing the november bank reconciliation, the company should:
answer
a. deduct $3,600 from the bank statement balance
b. add 3,600 to the book balance of cash
c. deduct $3,600 from the book balance of cash
d. add $3,600 to the bank statement balance
Answers: 2
Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation programโs interface will have the options for animation? claire should use the to include animations in her presentation slides.
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Business, 22.06.2019 12:20
Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
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Business, 22.06.2019 21:20
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:
Answers: 2
Business, 22.06.2019 21:30
Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure
Answers: 1
In comparing the canceled checks on the bank statement with the entries in the accounting records, i...
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