The following information pertains to Sheridan Company. 1. Cash balance per bank, July 31, $7,638. 2. July bank service charge not recorded by the depositor $46. 3. Cash balance per books, July 31, $7,674. 4. Deposits in transit, July 31, $3,010. 5. $2,326 collected for Sheridan Company in July by the bank through electronic funds transfer. The collection has not been recorded by Sheridan Company. 6. Outstanding checks, July 31, $694. Prepare a bank reconciliation at July 31, 2017. (List items that increase balance as per bank

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

What two things do you consider when evaluating the time value of money

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes