What is the adjusted cash balance per books on may

Assignment Help Accounting Basics
Reference no: EM132217955

Question - Jones Company collected the following information to prepare its May bank reconciliation:

Cash balance per books, May 31 - $5,300

Deposits in transit - 510

Notes receivable with interest collected by bank - 580

Bank service charges - 30

Outstanding checks - 180

NSF check - 150

What is the adjusted cash balance per books on May 31?

$5,700

$5,810

$6,210

$5,660

Reference no: EM132217955

Questions Cloud

How much is cost of goods sold for february : Gate Grocery's most popular candy bars cost $0.50 each and sell for $0.75. How much is cost of goods sold for February
Describe positive and negative participation behaviors : Analyze the group norms and the impact on organizational communication. Norms are the formal and informal rules groups develop.
Options for basic business strategy-low cost-differentiation : We have discussed the two major options for a basic business strategy - low cost and differentiation.
Foregoing manufacture of the product for sales : What is the advantage(s) to Xenon Corp. of foregoing manufacture of the product for sales by Xenon and instead manufacturing for sales by other companies?
What is the adjusted cash balance per books on may : Cash balance per books, May 31 - $5,300 and Notes receivable with interest collected by bank - 580. What is the adjusted cash balance per books on May 31
How has evolution shaped motivation : How has evolution shaped motivation? How might we apply our understanding of evolution to the problem of addiction?
Write an analysis of and propose improvements : How the company's internal communications help support ethical behavior within the company and describe the potential impact on employee behavior.
Difference are important for organizational performance : Discuss how diversity and individual difference are important for organizational performance?
Differences between face-to-face teams and virtual teams : Teams are established for many reasons. With employees working at numerous sites, we find that teams are establishing virtually, with members of the team.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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