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Author Question: Compute the reconciled balance: Bank statement balance: 642.75 Checkbook balance: 685.23 Outstanding ... (Read 64 times)

anjilletteb

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on: Jun 24, 2018
Compute the reconciled balance: Bank statement balance: 642.75 Checkbook balance: 685.23 Outstanding checks: 14.82 and 117.70 Outstanding deposit: 125.00 Automatic transfer to savings: 50.00

Question 2

The Channing Company earned 64,00 . last year. The capital stock of the company consists of 500,00 . of 8 preferred stock and 200,00 . of common stock. The directors declare a dividend of the entire earnings. Compute the total amount that will be paid to the holders of preferred stock.


l.stuut

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

635.23

Answer to Question 2

40,000


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