The Following Two Situations Are Independent of Each Other

question 146

Essay

The following two situations are independent of each other.​
1. On June 1, the cash account balance was $45,750. During June, cash payments totaled $243,910, and the June 30 balance was $53,200. Determine the cash receipts during June and show your calculation.​
2. On March 1, the supplies account balance was $1,800. During March, supplies of $2,450 were purchased, and supplies of $630 were on hand as of March 31. Determine the supplies expense for March and show your calculation.

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Definitions:

Self-Service Systems

Technological platforms that allow individuals to complete tasks or access information without direct assistance from others, often used in customer service and HR.

Data Security Systems

Systems implemented to protect digital information from unauthorized access, breaches, or theft, ensuring the confidentiality, integrity, and availability of data.

Divulge

To divulge means to disclose or reveal something that was previously private, secret, or unknown.

Security System Costs

The expenses associated with implementing and maintaining systems designed to protect an organization’s data, assets, and personnel from various threats.