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Erroneously recorded and accounts payable.
Prepare bank reconciliation as of 31 Oct from the following
a)The Oct 31 cash balance in the general ledger is $844.
b)The Oct 31 balance on bank statement is 373
c)Checks issued but not returned with bank statement were No. 462 for $13 and No.483 for $50.
d)A deposit made late on October 31 for $450 is included in the general ledger balance but not in the bank statement balance.
e)Returned with the bank statement was a notice that a customer's check for $75 that was deposited on Oct 25 had been returned because the customer's account was overdrawn.
f)During the review of the checks that were returned with the bank statement, it was noted that the amount of check No. 471 was $65 but that the company's records supporting the general ledger balance, the check was erroneously recorded as a payment of an account payable in the amount of $56.
During the first month, Mars collected $400,000 on assigned accounts after deducting $900 of discounts. Mars wrote off a $1,060 assigned account.
Calculate payroll for the end of April. Include in your calculations federal withholding, social security (FICA), and Medicare taxes.
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Show this utility maximiz- ing combination combination of Pepsi and Coke on the graph. how would her consumption and utility maximizing bundle of Coke and Pepsi change if the price of Coke decreases to 50 cents.
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Illustrate what are the consequences of not telling the president of our gross miscalculations, both ethical and non-ethical? Are there other ethical implications or issues that you and the president need to consider in this situation?
Determine Bad debt from uncollected rent
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