An accounting clerk for Chesner Co. prepared the following bank reconciliation:

Chesner Co.
Bank Reconciliation
August 31

Cash balance according to company's records $8,290
Add: Outstanding checks $3,980
Error by Chesner Co. in recording Check 1056 as $940 instead of $490 450
Note for $13,000 collected by bank, including interest 13,520 17,950 $26,240
Deduct: Deposit in transit on August 31 $8,440
Bank service charges 30 8,470
Cash balance according to bank statement $17,770

From the data in this bank reconciliation, prepare a new bank reconciliation for Chesner Co.

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%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)