Border Company's cash account had a balance of $962 on August 31 . This included a bank deposit of $87 that was in transit on the 31st. The August 31 bank statement contained the following information: Bank Statement Balance $1,089 NSF check 16 Bank Service Charge 7 Collection of notes receivable 68 Border also had checks outstanding of $169 . What is Border's adjusted cash balance at August 31?
a. $ 920
b. $ 940
c. $1,007
d. $1,089
c
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Which of the following statements is true?
a. An entry in a general ledger account can be traced to the trial balance by referring to the page listed in the posting reference column of that ledger account. b. The posting of an amount recorded in the general journal can be verified by referring to the account number listed in the posting reference column on that line in the general journal. c. Business transactions are recorded first in the general ledger; then that information is transferred to the general journal. d. No explanation is needed for each entry in the general journal.
The main benefit for individuals in level I of the inclusive workplace, diversity within work organizations, is:
a. Better access to promotions and benefits as well as improved job satisfaction and well-being for individual employers. b. Job training that may lead to employment with the company or improved job prospects with other employers. c. Internally focused company vision. d. Access to services that individuals may not otherwise have.
Which way of expressing this name is NOT correct?
a. Dr. Susan Volz, M.D. b. Dr. Susan Volz c. Susan Volz, M.D.
Triangular arbitrage eliminates exchange rate differentials across three markets for three
currencies. Indicate whether the statement is true or false