This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following would be subtracted from the ledger balance of cash when preparing a bank ... (Read 61 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jul 6, 2018
Which of the following would be subtracted from the ledger balance of cash when preparing a bank reconciliation?
 a. deposit in transits.
   b. outstanding checks.
   c. notes collected by the bank.
   d. bank service charges.

Question 2

Assume ABC uses the average cost method of inventory valuation. What unit cost would be used to determine the amount in ending inventory or cost of goods sold?
 
  a. 12.67
  b. 13.60
  c. 15.00
  d. 13.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

b


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Ecosystem and Balance Ecosystem and Balance
Preparing solution of known Molarity Preparing solution of known Molarity
Sodium Balance Sodium Balance
Do you know how kangaroos balance their body Do you know how kangaroos balance their body
Like all animals, primates must balance their calories expended searching for food with calories, pr Like all animals, primates must balance their calories expended searching for food with calories, pr
Acid–Base Balance Acid–Base Balance
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library