subject
Business, 23.03.2020 19:12 Briannadavis03

The cash account for Collegiate Sports Co. on November 1, 20Y9, indicated a balance of $81,145. During November, the total cash deposited was $293,150, and checks written totaled $307,360. The bank statement indicated a balance of $112,675 on November 30, 20Y9. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items:Checks outstanding totaled $41,840.A deposit of $12,200, representing receipts of November 30, had been made too late to appear on the bank statement. A check for $7,250 had been incorrectly charged by the bank as $2,750.A check for $760 returned with the statement had been recorded by Collegiate Sports Co. as $7,600. The check was for the payment of an obligation to Ramirez Co. on account. The bank had collected for Collegiate Sports Co. $7,385 on a note left for collection. The face of the note was $7,000.Bank service charges for November amounted to $125.A check for $2,500 from Hallen Academy was returned by the bank because of insufficient funds. RequiredCollegiate Sports Co. Bank ReconciliationNovember 30, 20Y9Cash balance according to bank statement

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:40
The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $
Answers: 1
question
Business, 22.06.2019 09:40
Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?
Answers: 1
question
Business, 22.06.2019 10:30
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
question
Business, 22.06.2019 15:00
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
You know the right answer?
The cash account for Collegiate Sports Co. on November 1, 20Y9, indicated a balance of $81,145. Duri...
Questions
question
History, 20.07.2019 14:30
question
Mathematics, 20.07.2019 14:30