A cash book shows an entry for cheque number 2975 as $32.78. The bank statement shows the
Question:
A cash book shows an entry for cheque number 2975 as $32.78. The bank statement shows the entry for cheque number 2975 as $23.78. Which amount is deemed to be correct?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
2378 as this is ...View the full answer
Answered By
BRIAN MUSINGA
I possess a Bachelors of Commerce degree(Marketing option) and am currently undertaking an MBA in marketing. I believe that I possess the required knowledge and skills to tutor in the subject named. I have also written numerous research academic papers much to the satisfaction of clients and my professors.
5.00+
2+ Reviews
17+ Question Solved
Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
Question Posted:
Students also viewed these Business questions
-
Consider the mapping Q : P P, where the ith coordinate mapping of Qis max[0, pi + piZi (p)] Qi (p) := := N max[0, p; + pjZ;(p)]* Assume that Walras' Law holds as an equality, p (p) = 0. . A. Show...
-
Small, White & Marani, Gus H. Small, Jr., Atlanta, for appellant. Victoria J. Hoffman, Atlanta, for appellee. Tokai Financial Services, Inc. brought suit against Randy P. Carter for monies owed under...
-
1. The Jones family lost its home in a fire. On December 25, 2010, a philanthropist sent money to the Amer Benevolent Society, a not-for-profit organization, specifically to purchase furniture for...
-
QUESTION ONE Matrix X sells computer hardware and software components as well as other ancillary items to customers all over South Africa. Matrix X also provides installation of hardware and software...
-
Jonahs Copy Center uses laser printers. Assume Jonah started the year with 100 containers of ink (average cost of $9.50 each, FIFO cost of $8.40 each, LIFO cost of $8.10 each). During the year, Jonah...
-
McCreary County and Pulaski County (the counties), Kentucky, placed in their courthouses a large, gold framed copy of the Ten Commandments. In both courthouses, the Ten Commandments were prominently...
-
On 1 June 2026, Aaron Draper began trading as a landscape material supplier. The transactions for the month of June 2026 were as follows (ignore GST): The following additional information is...
-
Barnett Corporation sold a $500,000, 7 percent bond issue on January 1, 2011. The bonds pay interest each June 30 and December 31 and mature 10 years from January 1, 2011. For comparative study and...
-
The hybrid state of the Xe and shape of the XeF4 molecule are: 1. (a) sp and tetrahedral 2. (c) sp d and square planar (b) spd and tetrahedral (d) sp d and see saw Which of the following relation is...
-
Explain why the balance in a cash book at the financial year end may be different from that shown on a bank statement at the same date.
-
When preparing a bank reconciliation statement, unpresented cheques must always be entered in the traders cash book. Is this statement true or false?
-
Find each sum. 100 n=1 1 6 5-/n) 2
-
Here is the state table for you to complete: PresentState C B A 0 0 0 0 1 0 1 1 1 1 1 0 1 1 0 1 1 0 NextStae C B A 1 1 1 0 0 1 1 1 1 1 0 1 0 1 JC 0 0 X JB X X 0 1 KB JA KA X 1 X X X 1 x 1 x 0
-
Explain why it is important to effectively engage and retain employees throughout the employee life cycle. Please provide references
-
What are the most common strategic analysis tools that should be used to define a survival strategy post-pandemic in the retailing sector? Explain.
-
Analyzing Alcohol and Tobacco Advertising . Select a recent advertisement for alcohol and/or tobacco from a magazine or online source, paste it into your assignment and answer the following...
-
What is Managerial leadership perspective what are the essential elements that included in Managerial leadership what are the advantages and disadvantages of Managerial leadership
-
At the end of the current year, the following information is available for both Pulaski Company and Scott Company. Required 1. Compute the debt-to-equity ratios for both companies. 2. Comment on your...
-
Would you use the adjacency matrix structure or the adjacency list structure in each of the following cases? Justify your choice. a. The graph has 10,000 vertices and 20,000 edges, and it is...
-
Explain how the use of poor machinery might affect a direct materials usage sub-variance and a labour efficiency sub-variance.
-
Only large businesses need to evaluate capital projects. True/False?
-
Identify two reasons why it is important to appraise capital investment decisions.
-
A retiree is paid $1800 per month by an annuity. If the income is invested in an account that earns 4% interest compounded continuously, what is the future value of the income after ten years? (Round...
-
You are planning your retirement in 10 years. You currently have $173,000 in a bond account and $613,000 in a stock account. You plan to add $6,700 per year at the end of each of the next 10 years to...
-
MLK Bank has an asset portfolio that consists of $220 million of 15-year, 7 percent annual coupon, $1,000 bonds that sell at par. a-1. What will be the bonds' new prices if market yields change...
Study smarter with the SolutionInn App