What is the correct adjusted ending cash balance

Assignment Help Accounting Basics
Reference no: EM132241016

Question - Annapolis Company's bank statement indicated an ending cash balance of $9,640. Alpha's accountant discovered that outstanding checks amounted to $1,015 and deposits in transit were $840. Additionally, the bank statement showed service charges of $35. What is the correct adjusted ending cash balance?

Reference no: EM132241016

Questions Cloud

What methods could organization use to overcome resistance : HRM 0128 Measuring Human Resource Efficiency and Effectiveness - University of Manitoba - What methods could the organization use to overcome resistance
Create a step-by-step it security policy for handling rights : Create a step-by-step IT security policy for handling user accounts/rights for a student who is leaving prematurely.
Write about the given article based on health literacy : Visit the National Center for Biotechnology Information (NCBI) website and read the article "The Impact of Health Literacy on a Patient's Decision to Adopt.
Rhe relationship between data storage and network security : Do you think FedRAMP is an entry or an exit ramp for cloud security? Please justify your opinion with your own rationale.
What is the correct adjusted ending cash balance : Annapolis Company's bank statement indicated an ending cash balance of $9,640. What is the correct adjusted ending cash balance
How would you go about implementing clinical pathways : Clinical pathways are bringing about important improvements in the quality of American health care. As a hospital CEO or Director of Quality Improvement.
How much is net income : Alpha Company provided the following data concerning its income statement: sales, $875,000; purchases, $362,000; How much is net income
How they project the organization image through mission : How these differences impact how they project the organization's image through their mission, vision and values statements, and how they may market.
How much is the gross profit margin : Given are account balances for Charlie Company: Gross sales, $100,000 and Interest expense, $3,000. How much is the gross profit margin

Reviews

Write a Review

Accounting Basics Questions & Answers

  How should devers respond to adkins''s request

Should Devers's knowledge of the compensation plan be a factor that influences her estimate?

  Discuss any specific statistical results that would help

BUAD 2060- Compare your summary results. Discuss any specific statistical results that would help a real estate agent understand the condominium market.

  substantial valuation misstatement penalty

USAco's gross receipts for the year are $200 million. Under what circumstances would USAco be potentially subject to the Code Sec. 6662(e) substantial valuation misstatement penalty?

  Determine the amount of the dividends to be allocated

Problem - Cash Dividends. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2012 to 2014

  What are the new equilibrium price and equilibrium quantity

Suppose new suppliers enter the market due to the increase in demand, What are the new equilibrium price and equilibrium quantity

  Determine what city woud be the most economical

Determine what city woud be the most economical for your needs and develop a monthly budget based on the data provided. Not everybody will need the same items as the next person, so be sure to explain why you include the data you choose.

  Fraud awareness training

Fraud awareness training should be: a. broad and all encompassing b. extensive and include details for all functional areas c. specifically related to the employee's job responsibility

  Determine the selling price

A company wishes to issue a $30,000, 4-year bond that pays 8% interest compounded semiannually (4% every 6 months). Determine the selling price. Assume a market rate of 10% compounded semiannually (5%).

  Prepare all journal entries necessary to record transactions

Prepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting journal entries relative to the transaction.

  Problem on accounting for product warranty costs

Accounting for product warranty costs under an assurance-type warranty is required for federal income tax purposes.

  Make the depreciation entry for the furniture and fixtures

Make the depreciation entry for the furniture and fixtures that would be necessary in December 20X9, assuming that no entries have been made during the year

  What is negative goodwill

What is good will? What is negative goodwill?

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