What is your available cash balance

Assignment Help Financial Accounting
Reference no: EM131117876

Your book balance for cash is $811. You have an outstanding deposit of $210 and three outstanding checks totaling $316. What is your available cash balance?

a. $495 b. $705 c. $917 d. $1,021

Please explain and show work

Reference no: EM131117876

Questions Cloud

Invade nazi-occupied france : By then American factories were at full production, but the armed forces were not yet prepared to invade Nazi-occupied France and thus open a "second front" to relieve Russia.
How the international trade flows should initially adjust : Explain how the international trade flows should initially adjust in response to the changes in inflation (holding exchange rates constant). Explain how the international capital flows should adjust in response to the changes in interest rates (holdi..
What would have been the effect on ending inventory : What would have been the effect on ending inventory and cost of goods sold had Ogala used the LIFO inventory method instead of the average-cost inventory method for the raw materials? Why?
Japanese thrust eastward toward hawaii : The U.S. Navy had a distinct advantage once it had broken Japan's naval codes a few months after Pearl Harbor. At the Battle of the Coral Sea, Japan's southern advance was checked, and the Battle of ______________________ in June 1942 halted the J..
What is your available cash balance : Your book balance for cash is $811. You have an outstanding deposit of $210 and three outstanding checks totaling $316. What is your available cash balance?
How can the sports exports company use currency futures : How can the Sports Exports Company use currency futures contracts to hedge against exchange rate risk? Are there any limitations of using currency futures contracts that would prevent the Sports Exports Company from locking in a specific exchange rat..
What should sheryl conan do : Lower-of-Cost-or-Market The market value of Lake Corporation's inventory has declined below its cost.
Problem regarding the western and central europe : Germany and Italy controlled almost all of western and central Europe, leaving Britain to face the seemingly invincible German army and air force alone. Britain's new prime minister, ______________________, was already turning to Roosevelt for aid..
Statement of cash flows : Create and on all sheets to be printed out - Statement of Cash Flows for fiscal year 2013 in proper format.

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Calculate the incremental cash flows to celtex

Calculate the incremental cash flows to Celtex if the consumer products division obtains Q47 from Synchem versus Meas Chemicals. What advice would you give Debra Donak?

  What effect would accepting order have on companys income

What effect would accepting this order have on the company's net operating income if a special price of $349.95 is offered per bracelet for this order?

  What is capitalized cost of the equipment

The present value of an ordinary annuity factor for three years at 8% is 2.58, and the present value for the future amount of a single sum of one dollar for three years at 8% is .735. Shipping charges for the equipment were $2,000, and installati..

  Explain return on assets and return on equity

Give the DuPont model formula for computing (a) rate of return on total assets (ROA) and (b) rate of return on common stockholders’ equity (ROE). Then answer these questions about the rate-of-return computations.

  Determine the liability for gift certificates to be reported

Bavarian Bar and Grill opened for business in November 2013. During its first two months of operation, the restaurant sold gift certificates in various amounts totaling $5,200, mostly as Christmas presents. Prepare the appropriate journal entries (in..

  Purpose an income statement and retained earnings statement

Purpose an income statement, a retained earnings statement, and a classified balance sheet.

  What does the analysis tell you about overall profitabity

What does this analysis tell you about the overall profitability of Accent Company over the 5-year period? What does this analysis tell you about what has happened to Accent's amount of debt over the past 5 years?

  What did chik chik company show as total credits

What did Chik Chik Company show as total credits on its trial balance? On January 14, Edamame Industries purchased supplies of $700 on account. The entry to record the purchase will include.

  What was the companys revenue for the year

paid dividends of $80,000. If Kilmer’s ending retained earnings was $330,000, what was the company’s revenue for the year?

  What is a main distinction between an error and fraud

What is a main distinction between an error and fraud?

  Illustrate what is the total dollar call premium required

The firm has placed many issues in the capital markets during the last 10 years, and its debt flotation cost are currently estimated to be 4% of the issue's value. GST's federal-plus -tax rate is 40%. Illustrate what is the total dollar call premi..

  Adjusting entries as of fiscal year

Annual depreciation on equipment is $7,000; no other depreciation adjustment was made in 2015. The April utilities expense of $800 is not included in the adjusted trial balance, because the bill arrived after the trial balance was prepared. The $800 ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd