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On Dec 31 the Checkbook Balance of Aster Co

question 83

Essay

On Dec. 31 the checkbook balance of Aster Co. was $1,241.05. The bank statement balance was $1,510. Checks outstanding were $3,052.03. The statement revealed a deposit in transit of $2,800.10 as well as a bank service charge of $12.03. The company earned interest income of $29.05. Complete a bank reconciliation for Aster Co.


Definitions:

NEMA Enclosure

A type of protective enclosure rated by the National Electrical Manufacturers Association used for housing electronic equipment, providing specific protection levels against environmental conditions.

PLC Systems

Programmable Logic Controllers are digital computers used for automation of industrial processes, such as control of machinery or factory assembly lines.

Enclosure

A case or cabinet designed to protect electronic components and systems from external environments.

High Voltage Spike

A sudden, short duration increase in voltage, which can potentially cause damage to electronic equipment if not properly mitigated.

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