Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks totaling $64,900. The June bank statement shows that $37,600 in checks cleared the bank in June. A check from one of Harris Company's customers in the amount of $300 was also returned marked "NSF." The amount of outstanding checks on Harris Company's June bank reconciliation should be
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks totaling ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Amortized loans must have which one of these characteristics over its life? Group of answer choices Equal interest payments Declining periodic payments One lump-sum principal payment Increasing payments Either equal or unequal principal payments
Answers (1)
Jessica filled out her job application and is about to turn it in. In the "Position Applied for" box she wrote question marks, because she does not know what positions are available.
Answers (1)
The income elasticity of demand for a food is unity. a consumer's monthly income is $2,000, of which 20 percent is spent on food. if income doubles, the amount spent on food will be:
Answers (1)
What was 'long wall mining' and what influence did it have on the development of socio-technical systems theory? Critically discuss how this theory developed so many years ago can still be applied to warehouse design and improvement today.
Answers (1)
Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The cost of installing the pool was $20,000, and her insurance company paid $5,000 toward its cost.
Answers (1)
New Questions in Business
The law of increasing opportunity costs is reflected in a production possibilities curve that is: A. an upsloping straight line. B. a downsloping straight line. C. concave to the origin. D. convex to the origin.
Answers (2)
A team was in pursuit to sign a highly sought-after free agent. It gave the player the highest offer of all the teams, and ultimately signed him to a high-paying contract. The player did not live up to expectations during the subsequent season.
Answers (1)
In order to test a new customer loyalty program, a supermarket sends an email to its current customers in one of its regions of operation, inviting them to opt into the new program.
Answers (2)
Over the last four years, a stock has had an arithmetic average return of 8.8 percent. Three of those four years produced returns of 16.3 percent, 10.2 percent, and - 14.1 percent. What is the geometric average return for this 4-year period?
Answers (1)
When a person gains a benefit from a previously unauthorized act of an agent and does not deny the authority to act after learning about it, this constitutes an agency created by:
Answers (1)