At April 30, Tamarisk, Inc. has the following bank information: Cash balance per bank $7200 Outstanding checks $440 Deposits in transit $800 Credit memo for interest $15 Bank service charge $30 What is Tamarisk adjusted cash balance on April 30?

A company wants to generate a forecast for unit demand for year 2017 using exponential smoothing. The actual demand in year 2016 was 90. The forecast demand in year 2016 was 120. Using this data and a smoothing constant alpha of 0.

Flynn Company's monthly bank statement showed the ending balance of cash of $18,500. The bank reconciliation for the period showed an adjustment for a deposit, in transit, of $1,500, outstanding checks of $2,000, a NSF check of $700, bank service

Due to improved layout and a fresh coat of paint on the walls, your restaurants weekly profit rose from $26,230 to $33,456. What is your percentage growth rate? a) 26.2% b) 27.5% c) 33.4% d) 35.1%

In the month of May, Kijak Company Inc. wrote checks in the amount of $28,000. In June, checks in the amount of $38,000 were written. In May, $25,000 of these checks were presented to the bank for payment, and $33,000 in June.

Under what circumstance you might receive a text refund from the IRS

Farwell Company sells three different categories of tools (small, medium and large). The cost and market value of its inventory of tools are as follows.

If Olaf earns $100,000 and pays $20,000 in taxes and George earns $200,000 and pays $48,000 in taxes, what type of tax system does this situation represent?

Buying an existing business is beneficial because: a. it does not require a large initial capital. b. it has an established relationship with lenders. c. it does not need to be nurtured. d. it has financial support from the government.

Kelly's Corner Bakery purchased a lot in Oil City six years ago at a cost of $98,700. Today, that lot has a market value of $128,900. At the time of the purchase, the company spent $6,500 to level the lot and another $12,000 to install storm drains.

Sunland Company has the following account balances: Sales Revenue $226,700, Sales Discounts $4,410, Cost of Goods Sold $129,600, and Inventory $39,200. Prepare the entries to record the closing of these items to Income Summary.