subject
Business, 29.11.2020 14:20 milkshakegrande101

Montgomery Stationery’s bank statement contained a $260 NSF check that one of its customers had written to pay for supplies purchased. Required
Show the effects of the following transactions on the financial statements in the horizontal statements model. (a) Recognize the NSF check, (c) Customer redeems the check by giving Montgomery $290 cash in exchange for the bad check. The additional $30 was a service fee charged by Montgomery. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity and NA to indicate the element is not affected by the event. (Enter any decreases to account balances and cash outflows with a minus sign.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
What do economists mean when they use the latin expression ceteris paribus?
Answers: 3
question
Business, 22.06.2019 08:30
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
question
Business, 22.06.2019 18:00
In which job role will you be creating e-papers, newsletters, and periodicals?
Answers: 1
question
Business, 22.06.2019 20:00
Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80
Answers: 1
You know the right answer?
Montgomery Stationery’s bank statement contained a $260 NSF check that one of its customers had writ...
Questions
question
Chemistry, 16.04.2020 12:46
question
Mathematics, 16.04.2020 12:47
question
Social Studies, 16.04.2020 13:00
Questions on the website: 13722363