The following information pertains to crane video company:

1. cash balance per bank, july 31, $7,263.
2. july bank service charge not recorded by the depositor $28.
3. cash balance per books, july 31, $7,284.
4. deposits in transit, july 31, $1,300.
5. bank collected $700 note for crane in july, plus interest $36, less fee $20. the collection has not been recorded by crane, and no interest has been accrued.
6. outstanding checks, july 31, $591.

required
a. prepare a bank reconciliation at july 31.
b. journalize the adjusting entries at july 31 on the books of crane video company.

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.

Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.