Palm Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $4,300 Deposits in transit 150 Notes receivable and interest collected by bank 850 Bank charge for check printing 20 Outstanding checks 2,000 NSF check 170 The adjusted cash balance per the books on April 30 is a.$3,110. b.$2,280. c.$2,450. d.$4,960.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Palm Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $4,300 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next 3 years. If you pay the entire bill immediately, you can take a discount of 10% from the purchase price.
Answers (1)
Victor buys Ed's car for $2000 when Victor is 17 years old. The two never put any part of the deal in writing. Victor drives the car for a year, and then decides that he wants to return it to Ed.
Answers (1)
The Green Fiddle has current liabilities of $28,000, sales of $156,900, and cost of goods sold of $62,400. The current ratio is 1.22 and the quick ratio is. 71. How many days on average does it take to sell the inventory
Answers (1)
What education do you need to become a bank branch manager?
Answers (1)
Most of the public debt is owed to citizens and domestic institutions. This is one reason that the public debt:
A. Crowds out private investment
B. Does not impose a burden on future generations
C. Has a procyclical economic effect on the economy
D.
Answers (1)
New Questions in Business
The goal of the biological (ergonomic) approach to job design is: a. to make the work simple so that anyone can be trained quickly and easily to perform it. b.
No Answers
Perfect price discrimination describes a situation in which the monopolist a charges exactly two different prices to exactly two different groups of customers. b maximizes consumer surplus. c experiences a zero economic profit.
Answers (1)
On August 1, Masters Company buys 2000 shares of ABD common stock for $72500 cash. On December 1, the stock investments are sold for $75000 in cash.
Answers (1)
The net income earned by the cooper, cross, and crane partnership is $18,000. their respective average capital balances are $20,000, $20,000, and $40,000.
Answers (2)
when a minor breach has occured, the non - breaching party is able to do what?
Answers (1)