At August 31, Pratt Company has a cash balance per books of $7,717 and the following additional data from the bank statement: charge for printing Pratt Company checks $46, interest earned on checking account balance $64, and outstanding checks $827. Determine the adjusted cash balance per books at August 31.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “At August 31, Pratt Company has a cash balance per books of $7,717 and the following additional data from the bank statement: charge for ...” 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
Suppose that a monopolist calculates that at present output and sales levels, marginal revenue is $1.00 and marginal cost is $2.00. He or she could maximize profits or minimize losses by:
Answers (1)
For example, an increase in the money supply, a variable, will cause the price level, a variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a variable.
Answers (1)
Matt sells bikes at a local discount store. To encourage Bob to buy a more expensive model than he originally contemplated, Matt tells Bob, "I think this is the most awesome bike around." Based on this statement Bob buys the bike.
Answers (1)
J. brown consulting paid $2,500 cash for a 5-month insurance policy which begins on december 1. given the choices below, determine the general journal entry that j. brown consulting will make to record this transaction
Answers (1)
What is a purpose of having a conceptual framework? A. To enable the profession to more quickly solve emerging practical problems and to provide a foundation from which to build more useful standards. B.
Answers (1)
New Questions in Business
Which system allows critical business decisions to be made in a timely manner?
Answers (1)
The method of inventory costing in which direct manufacturing costs and manufacturing overhead costs, both variable and fixed, are considered as inventoriable costs is best described as:
Answers (1)
Gabrio Inc. is a merchandising company. Last month the company's merchandise purchases totaled $87,000. The company's beginning merchandise inventory was $19,000 and its ending merchandise inventory was $11,000.
Answers (2)
A project is expected to increase inventory by $15,501, increase accounts payable by $8,865 and decrease accounts receivable by $1,246. What is the project's cash flow from net working capital at time zero?
Answers (1)
One of the disadvantages of issuing stock is that
Answers (2)