An accounting clerk for Chesner Co. prepared the following bank reconciliation: Chesner Co. Bank Reconciliation July 31, 2016

Cash balance according to company's records $6,570
Add:
Outstanding checks $3,150
Error by Chesner Co. in recording Check No. 1056 as $820 instead of $280 540
Note for $10,300 collected by bank, including interest 10,710 14,400
Deduct:
Deposit in transit on August 31 $6,690
Bank service charges 60 6,750
Cash balance according to bank statement $14,220
$20,970

a. From the data prepared by the accounting clerk, prepare a new bank reconciliation for Chesner Co.
b. If a balance sheet were prepared for Chesner Co. on July 31, 2016, what amount should be reported for cash?

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1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price