Business, 06.07.2021 15:50 anaroles04
E7.13 (LO 3), AP The cash records of Upton Company show the following. Compute deposits in transit and outstanding checks for two bank reconciliations. For July: 1. The June 30 bank reconciliation indicated that deposits in transit total $580. During July, the general ledger account Cash shows deposits of $16,900, but the bank statement indicates that only $15,600 in deposits were received during the month. 2. The June 30 bank reconciliation also reported outstanding checks of $940. During the month of July, Upton Company books show that $17,500 of checks were issued, yet the bank statement showed that $16,400 of checks cleared the bank in July. For September: 3. In September, deposits per bank statement totaled $25,900, deposits per books were $26,400, and deposits in transit at September 30 were $2,200. 4. In September, cash disbursements per books were $23,500, checks clearing the bank were $24,000, and outstanding checks at September 30 were $2,100. There were no bank debit or credit memoranda, and no errors were made by either the bank or Upton Company. Instructions Answer the following questions. a. In situation 1, what were the deposits in transit at July 31
Answers: 3
Business, 21.06.2019 23:10
You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."
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What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
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Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million
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E7.13 (LO 3), AP The cash records of Upton Company show the following. Compute deposits in transit a...
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