Century 21 Accounting General Journal
10th Edition
ISBN: 9781285661179
Author: Gilbertson
Publisher: Cengage Learning
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Sprite Company's unadjusted bank balance on March 31 is $6,490. The bank reconciliation revealed outstanding checks amounting to $940 and deposits in transit of $640. Based on this information, Sprite's true cash balance is _.
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- Can you help me solve this general accounting question using the correct accounting procedures?arrow_forwardThe standard cost of direct materials and direct manufacturing labor is $195 per kayak.arrow_forwardA broadcasting company failed to make a year-end accrual of $200,000 for fines due to a violation of FCC rules. Its tax rate is 40%. As a result of this error, net income was_. a. Overstated by $80,000. b. Overstated by $120,000. c. Overstated by $250,000. d. Unaffected.arrow_forward
- What is the estimated variable delivery cost component per delivery ?arrow_forwardDura Battery Manufacturers had sales of $870,000 in 2009 and their cost of goods sow represented 63 percent of sates. Selling and administrative expenses were 11 percent of sales. Depreciation expense was $14,000 and interest expense for me year was $14,000. The firm's tax rate is 26 percent. What is the dollar amount of taxes paid?arrow_forwardSubject:- general accountingarrow_forward
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