What balance should appear in your checkbook register

Assignment Help Financial Accounting
Reference no: EM13142063

Your bank statement has arrived and shows an ending balance of $972.25. After reconciling the checks and deposits that have cleared, you find you have check #1234 for $15.00, #1235 for $9.23, and #1236 for $22.50 and two deposits of $123.56 and $156.78 as outstanding. What balance should appear in your checkbook register?

Reference no: EM13142063

Questions Cloud

What amount will logistics comprise in its year-end balance : Included in the checking account balance is $50,000 of restricted cash that Bank of the East requires as a compensating balance for the $300,000 note. What amount will Logistics comprise in its year-end balance sheet as cash and cash equivalents?
Combustion of ethane stack gas molar composition : Combustion of Ethane: Stack Gas Molar Composition, Ethane is burned with 50% excess air. The percentage conversion of ethane is 90%. Of the ethane burned, 25% reacts to form CO and the balance reacts to form carbon dioxide
Perform one-way anova to compare means of groups : The statistical assumptions required to perform a one-way ANOVA to compare the means of these three groups are reasonable based on the data. A partially completed ANOVA table is provided below?
What climate conditions favor plant growth : Describe the "optimal" conditions for photosynthsis. What climate conditions favor plant growth ?
What balance should appear in your checkbook register : find you have check #1234 for $15.00, #1235 for $9.23, and #1236 for $22.50 and two deposits of $123.56 and $156.78 as outstanding. What balance should appear in your checkbook register?
Basis to corporation of property : What gain or loss is recognized by the corporation when it issues its shares to John? What is the basis to the corporation of the property it received from John?
Define component mass in final state : Component Mass in Final State, Please solve specific problem below rather than providing examples. A rigid vessel having a volume of 0.028m^3 initially contains a mixture at 21 degrees Celsius and 100 kPa consisting of 79% Nitrogen
Create in good form- a comparative income statement : Create in good form, a comparative income statement, beginning with income from operations, for Melton Corporation for the fiscal years ended.
Probability that selected month had personal call expense : Average of $800 per month and a standard deviation of $50 per month. Find the probability that a randomly selected month had a personal call expense that falls below $650.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Illustrate what would be recorded as a gain

Sun estimates the fair value of the recourse liability at $150,000. Illustrate what would be recorded as a gain (loss) on the transfer of receivables?

  Common stock outstanding

Rensing, Inc., has $800,000 of 6 percent preferred stock and $1,200,000 of common stock outstanding, each having a par value of $10 per share

  What factors should turner manager and her supervisor

The expansion will cost two million dollars, and is expected to increase operating earnings to $2,100,000. What factors should Turner’s manager and her supervisor, the VP of operations, consider in deciding whether to go forward with the expansio..

  Prepare the journal entries at december to correct errors

The landscaping is expected to have a 20-year useful life and no residual value. Prepare the journal entries at December 31, 2011 to correct the errors (ignore income taxes).

  Why would royal carpet cleaning accept credit cards instead

Why would Royal Carpet Cleaning accept credit cards instead of providing credit directly to its customers? In other words, why would Royal be willing to pay 3 percent of sales to have the credit card company handle its sales on account?

  Make the portion of the income statement beginning

The income tax rate for White Lightning is 30 percent. Make the portion of the income statement beginning with "income from continuing operations before income tax" for the yr ended December 31, 2004

  What amount related to bonds would baddour report

What amount(s) related to the bonds would Baddour report in its income statement for the year ended September 30, 2011? What amount(s) related to the bonds would Baddour report in its statement of cash flows for the year ended September 30, 2011? I..

  Financial accounting standards board statement

Multiple Choice Questions-Amortization and valuation of intangibles - How should research and development costs be accounted for, according to a Financial Accounting Standards Board Statement?

  Physical measure method

The amount of joint cost allocated by physical measure method - Evaluate the amount of joint cost allocated to each product if the physical-measure method is used.

  What would your export response to coca-cola

How would concepts of utility, income, and substitution impact your purchases based on the rise in cost of carbonated beverages?

  Explain how much gross profit should be reported

Explain how much gross profit should be reported for 2011? Make the journal entry to record the revenue and gross profit for 2011.

  What is expected level of profit

What level of sales dollars is needed for a monthly profit of $59,340? For the month of July, the marina anticipates sales of $1,010,000. What is the expected level of profit?

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