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Author Question: Calculate the reconciled cash balance: Bank statement balance 2,835.18 Checkbook balance 2,416.80 ... (Read 159 times)

jessicacav

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on: Jun 24, 2018
Calculate the reconciled cash balance: Bank statement balance 2,835.18 Checkbook balance 2,416.80 Deposits in transit 820.12 Outstanding checks 1,250.50 Service fees 12.00

Question 2

The Columbia Company earned 1,400,00 . last year. The capital stock of the company consists of 8,000,00 . of 6 cumulative preferred stock and 15,000,00 . of common stock. The directors declared a dividend of the entire earnings. During the previous year, the company earned 240,00 . and the directors declared a dividend of the entire earnings. What is the total amount that will be paid to the holders of common stock?


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shailee

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Reply #1 on: Jun 24, 2018
Answer to Question 1

2,404.80

Answer to Question 2

680,000


jessicacav

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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