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The Cash account in the ledger of Clear Windows shows a balance of $12,596 at September 30.The bank statement,however,shows a balance of $16,253 at the same date.The only reconciling items consist of a bank service charge of $16,a large number of outstanding checks totaling $6,740,and a deposit in transit.
-What is the adjusted cash balance in the September 30 bank reconciliation?
Minimum Efficient Scale
The smallest level of production at which a firm can achieve the lowest long-run average total costs.
Constant Returns to Scale
A situation in which the proportionate increase in inputs leads to an equal proportionate increase in outputs, meaning costs and outputs scale equally as production expands.
Diseconomies of Scale
A situation where a business's cost per unit increases as it produces more items, due to inefficiencies that arise with scaling up production.
Plant Size
Refers to the physical capacity or output level of a manufacturing or production facility.
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