Splish Brothers Inc. gathered the following reconciling information in preparing its August bank reconciliation:______.
Cash balance per books, 8/31 $33600 Deposits in transit 1400 Notes receivable and interest collected by bank 8200 Bank charge for check printing 190 Outstanding checks 19200 NSF check 1630
The adjusted cash balance per books on August 31 is:_______.
a. $38580.
b. $22040.
c. $23580
d. $39980.

Answers

Answer 1

Answer:

d. $39,980

Explanation:

Given the above information, the adjusted cash balance per books on August 31

= Cash opening + Collection by bank - Bank charge check printing - NSF check

The next step is to fix in the values as given above.

= $33,600 + $8,200 - $190 - $1,630

= $39,980

Therefore, the adjusted cash balance per books on August 31 is $39,980


Related Questions

Kenji and Lucia are building their portfolios. Kenji purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio. He does so because he believes that the manager can identify inexpensive stocks that will rise in value. Lucia is not convinced. She buys shares in an index fund—a type of mutual fund that simply buys all of the stocks in a given stock index rather than actively managing a portfolio.

Kenji builds his portfolio on the supposition that:________

a. Stock analysts can use fundamental analysis to identify undervalued stocks.
b. Stock prices follow a random walk
c. The stock market exhibits informational efficiency.

Answers

Answer:

a. Stock analysts can use fundamental analysis to identify undervalued stocks.

Explanation:

Since in the question it is mentioned that he would trust the manager that it could identify the inexpensive stock that would increase the value  but on the other side lucia not convinced, so she purchased the shares

So the kenji create his portfolio based on that the stock analyst would applied the fundamental analysis in order to analyze the undervalue of the stock

hence, the option a is correct

Answer:

Kenji and Lucia are building their portfolios. Kenji purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio. He does so because he believes that the manager can identify inexpensive stocks that will rise in value. Lucia is not convinced. She buys shares in an index fund—a type of mutual fund that simply buys all of the stocks in a given stock index rather than actively managing a portfolio.

Kenji builds his portfolio on the supposition that:________

A. Stock analysts can use fundamental analysis to identify undervalued stocks.

B. Stock prices follow a random walk

C. The stock market exhibits informational efficiency.

-KeonLee

I hope it help

#Carry on learning

Ever since e-commerce started rising in prominence, the value of the retail showroom has diminished significantly. After all, consumers no longer need to visit a store to see what types of products are available for purchase. Not only does a quick search on Amazon accomplish this goal within seconds, but the site also provides helpful resources such as customer reviews and recommendations. Nevertheless, the online retail model doesn't work the same way for all products. Consumers on the whole still visit showrooms when they're looking to buy big expensive items like cars or mattresses.

Thanks to a new wave of startups, however, online retailers are beginning to break through these barriers of size and expense. While many consumers remain reluctant to purchase a car without driving it, online mattress sellers like Casper and Leesa Sleep are winning over thousands with a streamlined approach. Customers simply select the size they want, pay for it, and then wait for the mattress to arrive at their doorstep compressed into a single box. Most showrooms contain a variety of mattresses that can greatly fluctuate in price depending on what sales are happening at the moment. Customers then learn all these intricate details from assertive salespeople on the hunt for a commission.

Today's online mattress sellers cut out this rigmarole by using simplified inventory and fixed prices. But that doesn't necessarily mean these brands provide customers with the best deal possible. For instance, a king from Casper costs $950, not exactly a bargain for a foam mattress. In fact, customers could likely get a better deal if they were simply willing to do some haggling at a showroom. For Casper's customers, though, the company's appeal lies in its convenience rather than its value. There's also little risk in trying out a compressed mattress: Casper offers free shipping, 100-day guarantees and free returns on all of their products. While it remains to be seen if these upstarts can take on the $14 billion U.S. mattress industry, Casper's $100 million in sales during its first year of operation suggests that they're certainly on the right track.

Requried:
a. Intermediaries can be eliminated, but their activities cannot. Describe the activities provided by retail showrooms that manufacturers like Leesa and Casper are now providing. Specifically, what utility are the manufacturers providing?
b. Would you ever purchase a car or an expensive refrigerator direct from the manufacturer without seeing the product in person or testing the product? Explain why or why not. If not, what would you need from the manufacturer in order to purchase direct from them?

Answers

Explanation:

a. Formerly, these manufacturers have to provide storage space to display their inventory of mattresses, however, online retail sellers have taken up this activity by holding the various sizes of the available inventory, and then simply display them on photos/videos on their website.

b. No. The decision to purchase a car direct from the manufacturer without seeing the product in person or testing the product isn't the most preferred option for many, however, an expensive refrigerator could be purchased without seeing or testing it out. Usually, the following factors are considered:

Would this product match the description stated?Would the cost of return be worth it if there happens to be a problem with the product?

There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible social states which result in different utility levels for the three subpopulations:

Social State Unemployed Workers Retirees
A 12 50 10
B 20 20 20
C 15 15 15
D 1 40 1

a. Which social states might plausibly be chosen by the government of Utopolis? And Why?
b. There is a government election in Utopolis with two candidates: a Rawlsian and a Utilitarian candidate. Each candidate promises to enact one of the social states above. If the majority of citizens elect the candidate, which social state will be enacted?

Answers

Answer:

Utopolis

a. Social states chosen by the government of Utopolis are:

Social State  Unemployed  Workers  Retirees

A                              12             50              10

D                               1              40                1

The reason for choosing these social states is that the social states of A and D reduce the headache felt by the government in managing unemployment and paying pensions to retirees, unlike the social states of B and C, which have equal numbers of the distinct subpopulations.

b. The enacted social state will be D.  This is the social state preferred by the majority of citizens.  There is a utopian economic condition achieved with social state D unlike with other social states.

Explanation:

a) Data and Calculations:

Utility levels in Utopolis:

Social State  Unemployed  Workers  Retirees

A                              12             50              10

B                             20             20             20

C                             15              15              15

D                               1             40                1

Nontariff barriers are: _________

a. numerical limitations on the quantity of products that a country can import
b. rules, regulations, inspections, and paperwork which make it more costly or difficult to import products
c. taxes levied on the value of imported goods
d. all of the above

Answers

Answer:

The correct answer is the option D: All of the above. T

Explanation:

To begin with, the term known as "Non-Tariff Barriers" in the field of economics and business management refers to the barriers imposed by the government to the trade of imports and exports of goods and services in a country with the main difference that they use other mechanism rather than the commonly imposition of tariffs. Therefore that this tool can refer to rules, regulations or numerical limitations and many other impositions. That is why that it consists of any obstacle to international trade.

Other Questions
How did the insertion of a nucleotide in a DNA sequence result in a phenotypic change in an organism Find the zeros of the function y=x(x+2)(x-4) Select the correct answer. True or False: It is okay to manipulate textual evidence to suit your purposes as long as the words you quote are from the source and in the same order. A. True B. False A sample of 300 subscribers to a particular magazine is selected from a population frame of 9,000 subscribers. If, upon examining the data, it is determined that no subscriber had been selected in the sample more than once:________.A. the sample could not have been randomB. the sample may have been selected without replacement or with replacementC. the sample had to have been selected without replacementD. the sample had to have been selected with replacement Si a una persona le deben 7/9 de $450000 y slo le cancelan 3/5 de esa deuda. Cunto dinero le quedan debiendo? Which of the following is an area of authority in a design?O TensionO DominanceO AccentO Contrast a wave has a frequency of 10Hz and a wavelength of 30 m. What's its velocity? solve for X. Assume that lines which appear tangent are tangent Find the measure of the exterior angle. A company rents out 18 food booths and 27 game booths at the county fair. The fee for a food booth is $50 plus $6 per day. The fee for a game booth is $65 plus $8 per day. The fair lasts for d days, and all the booths are rented for the entire time. Enter a simplified expression for the amount, in dollars, that the company is paid. Kenji and Lucia are building their portfolios. Kenji purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio. He does so because he believes that the manager can identify inexpensive stocks that will rise in value. Lucia is not convinced. She buys shares in an index funda type of mutual fund that simply buys all of the stocks in a given stock index rather than actively managing a portfolio.Kenji builds his portfolio on the supposition that:________a. Stock analysts can use fundamental analysis to identify undervalued stocks. b. Stock prices follow a random walkc. The stock market exhibits informational efficiency. which expressions are equivalent to 4-3 over 4-1 How did Zen Buddhists believe a follower can attain wisdom?a. By gaining wealthb. By acting properlyc. By careful meditationd. By having a strong faith if the probability of rain tomorrow is 0.15 what is the probability that it will not rain What's the answer to "find the value of 121 + 3125" "? What is the mode of this data set?12, 12, 13, 14, 17, 16 fred has 15000 in his savings account with an interest rate of 1.8%. assuming he doesn't add or subtract from this amount, find the estimated account balance after 22 years The CEO of a large manufacturing company is curious if there is a difference in productivity level of her warehouse employees based on the region of the country the warehouse is located. She randomly selects 35 employees who work in warehouses on the East Coast (Group 1) and 35 employees who work in warehouses in the Midwest (Group 2) and records the number of parts shipped out from each for a week.She finds that East Coast group ships an average of 1276 parts and knows the population standard deviation to be 347.The Midwest group ships an average of 1439 parts and knows the population standard deviation to be 298.Using a 0.01 level of significance, test if there is a difference in productivity level. What is the test statistic?(Round to 4 decimal places)z = please use excel to solve Which statement is true for the values of Pand Q on this number line? + Q + -2 1 -4 -3 0 1 A 4 B. PxQ5 C P+Q> -4 D P - Qo What unit should be placed on a volume answer? cubed or squared