The Following Information Is Needed to Reconcile the Cash Balance

question 47

Multiple Choice

The following information is needed to reconcile the cash balance for Fire Steel Ltd:
? A deposit of $5500 is in transit.
? Outstanding cheques total $1500.
? The book balance is $6500 at 28 February 2017.
? The bookkeeper recorded a $1800 cheque as $17,100 in payment of the current month's rent.
? The bank balance at 28 February 2017 was $19,040.
? A deposit of $500 was credited by the bank for $5000.
? A dishonoured cheque from a customer for $3200 was returned by the bank.
? The bank service charge is $60.
What was the adjusted bank balance?

• A)$19,100
• B)$18,540
• C)$18,660
• D)$18,600

Analyze the symbolic meanings of common dream themes and symbols according to Freudian theory.

Explore the effects of substances (drugs) on the nervous system and behavior.

Explain the activation-synthesis hypothesis of dreaming.

Understand the concept of lucid dreaming and its characteristics.

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Definitions:

Supplies On Account

Goods or items purchased on credit, where payment is deferred to a future date, typically recorded as a liability until paid.

Debit And Credit

Debit and credit are fundamental categories used in accounting to record and maintain financial transactions, where debit refers to the left side of an account and credit refers to the right side.

Insurance Advance

A payment made in advance by an insurance company, typically for claims or benefits before the final settlement.

Secretary's Salary

The compensation paid to an administrative professional for performing secretarial and administrative duties.