Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $29,025. Clayborn's May bank statement shows a $25,400 balance in the bank. Determine the adjusted cash balance using the following information: Deposit in transit $ 8,800 Outstanding checks $ 7,000 Bank service fees, not yet recorded by company $ 145 A NSF check from a customer, not yet recorded by the company $ 1,680 The adjusted cash balance should be:
Answers: 1
Business, 21.06.2019 22:10
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Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400
Answers: 3
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments...
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