Chapter 20, Problem 3QS

Do fast answer of this question general accounting

The Tamarisk Marine Supply Company's bank statement for the month of November showed a balance per bank of $8,500. The company's Cash account in the general ledger had a balance of $5,536 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,480 but this amount does not appear on the bank statement. (2) (3) (4) (5) (6) (7) The bank statement shows a debit memorandum for $50 for check printing charges. Check No. 119 payable to Riverbed Company was recorded in the cash payments journal and cleared the bank for $368. A review of the accounts payable subsidiary ledger shows a $18 credit balance in the account of Riverbed Company and that the payment to them should have been for $386. The total amount of checks still outstanding at November 30 amounted to $6,260. Check No. 138 was correctly written and paid by the bank for $506. The cash payment journal reflects an entry for Check No. 138 as a debit to Accounts Payable and…

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Not use chart gpt please solve this question general accounting

15. Return on Investment Ratio (ROI) = (Gross profit / Net sales) x 100 (Gross profit x Sales / Fixed assets) x 100 (Net profit / Sales) x 100 (Net profit / Total assets) x 100

What is the supporting evidence in a business transaction called? Journal Ledger Voucher Contra Voucher.

There are 100 members each p aying an annual subscription of 500. The Receipt and Payment account shows arrear subscription of 4,500, advance subscriptions 6,000 and current 44,500. How much amount to be credited in the Income and Expenditure account?.'

General accounting question

What distinguishes integrated control frameworks from isolated checks? a) Separation improves control b) Individual controls work better c) Integration adds complexity d) Systematic relationships create comprehensive oversight. Financial Accounting problem