This topic contains a solution. Click here to go to the answer

Author Question: Which of the following would be subtracted from the ledger balance of cash when preparing a bank ... (Read 54 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
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
Answer to Question 1

d

Answer to Question 2

b




KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jul 6, 2018
Excellent


scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

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

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library