landowatson123
26.02.2020 •
Business
Usiness Transaction 2 Universal Computer Corp. (UCC)’s labor force goes on strike for two months, reducing the company’s sales by 20.00%. Financial Account Check if the Account Is Affected by the Specified Transaction Sales Inventory Common stock Tax expense Notes payable Points: 0.8 / 1 Financial Ratio Ratio’s Behavior Current ratio No change Basic earning power No change Debt ratio No change Basic earning power No change Operating profit margin Decreases Average collection period Increases
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Ответ:
Please see explanation below
Explanation:
Cullumber Company
Bank reconciliation statement
Cash balance per bank statement $7,910.80
Add: Deposits in transit $1,316.30
$9,227.1
Less outstanding checks ($1,975.10)
Adjusted cash balance per bank $7,252
Cash balance per books $6,360
Add Electronics funds transfer received $1,635
Totalled $7,995
Less:
Bank service charge $17
NSF check $690
Error in recording check no. 2480
($384 - $348) $36
Total balance to be deducted ($743)
Adjusted cash balance per books $7,252