The may bank statement for accounting services shows a balance of $6,300, but the balance per books shows a cash balance of $7,980. other information includes the following: following: -a check for $200 to pay the electric bill was recorded on the books as $20. -included on the bank statement was a note collected by the bank for $400 plus interest of $30. -checks outstanding totaled $260. -bank service charges were $50. -deposits in transit were $2,140. the adjusted cash balance at the end of august should be a. $7,980. b. $9,810. c. $7,620. d. $8,180.

The correct answer is choice D - $8,180.

Explanation: In order to determine the adjusted cash balance you need to first look at the bank balance. You need to add to in any deposits in transit and subtract any outstanding checks.

$6,300 + 2,140 - 260 = $8,180.

Next, you need to look at the book balance. From the book balance you need to subtract the correction for the electric bill payment, subtract the bank service charge and add any notes collected.

$7,980 - 180 - 50 + 430 = $8,180

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer; read and consider the content of the items;