As of June 30, Year 1, the bank statement showed an ending balance of $16,473. The unadjusted Cash account balance was $15,844. The following information is available: 1. Deposit in transit: $2,670.
2. Credit memo in bank statement for interest earned in June: $12.
3. Outstanding check: $3,299.
4. Debit memo for service charge: $12.
Required:
Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information.

What is the difference between a public and a private corporation?

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.