Business, 14.12.2019 01:31 joseroblesrivera123

Prepare a bank reconciliation and journal entries for cartwright company as of october 31, using the following information: cash balance on october 31 bank $10,410. cash account balance in general $9,890. deposit made on october 31, not recorded on bank $1,865. note collected by bank ($1,200 plus $60 in $1,260. oustdanding checks: no. 567, $800; no. 569, $ $1,252. debit memorandum from bank for a nsf check written by j. lane in payment of his $100. in addition, cartwright recorded check no. 548 written for $152 in payment of the october utiity bill as $125 in the cash payment journal.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 15:30

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

Answers: 1

Answer

Business, 22.06.2019 16:30

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?

Answers: 3

Answer

Business, 22.06.2019 19:10

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

Answers: 1

Answer

Business, 22.06.2019 20:00

Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.

Answers: 2

Answer

You know the right answer?

Prepare a bank reconciliation and journal entries for cartwright company as of october 31, using the...

Questions