Business, 07.05.2020 14:58 Calumworthy6046
Listed below are eight interbank cash transfers for Steven Smith Co. indicated by the letters a through h, for late December 20X1 and early January 20X2. Disbursing Bank (Month/Day) Receiving Bank (Month/Day) Amount Per Bank Per Books Per Bank Per Books a. 12/29 12/29 12/29 12/29 52,000 b. 1/02 12/30 12/31 12/30 6,000 c. 1/04 12/31 1/02 1/020 24,000 d. 1/04 12/31 1/02 12/31 44,000 e. 1/04 1/01 1/03 1/01 15,600 f. 1/02 1/01 12/31 12/31 76,000 g. 1/03 1/02 12/31 1/02 42,000 h. 12/31 1/03 12/30 1/03 10,000 For each of the transfers a through h, (1) indicate whether cash is understated, overstated, or correct as a result of the transfer, (2) provide a brief example of what could cause the situation. Answer in the form provided below.
Answers: 1
Business, 21.06.2019 21:30
Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the companyβs adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.
Answers: 1
Business, 22.06.2019 03:10
Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today
Answers: 3
Business, 22.06.2019 04:30
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
Answers: 3
Business, 22.06.2019 08:40
Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.
Answers: 1
Listed below are eight interbank cash transfers for Steven Smith Co. indicated by the letters a thro...
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