Closing entries are entered directly on to the work sheet
Indicate whether the statement is true or false
False
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The Dinho Corporation identified the following data when preparing their April bank reconciliation: Bank statement balance $45,000 Dinho's book balance (before adjustments) ? Outstanding checks 4,500 NSF checks 1,400 Service charges 300 Deposits in transit 5,000 Interest earned on checking account 25 In addition, Dinho incorrectly recorded a deposit in its books in the amount of $1,000 . The
correct amount was recorded by the bank as $1,200. What is the net amount of the adjustment to Dinho's cash balance as a result of the bank reconciliation? a. $1,675 increase b. $1,700 increase c. $1,675 decrease d. $1,475 decrease
Discuss common risks to consumers from cyber criminals that impact electronic commerce
Although a firm's existing mix of financing sources may reflect its target capital structure, it is ultimately ________
A) the internal rate of return that is relevant for evaluating the firm's future investment opportunities B) the marginal cost of capital that is relevant for evaluating the firm's future investment opportunities C) the risk-free rate of return that is relevant for evaluating the firm's future investment opportunities D) the risk-free rate of return that is relevant for evaluating the firm's future financing opportunities
What is wireless?
A. Means the technology can travel with the user; for instance, users can download software, email messages, and web pages onto a laptop or other mobile device. B. Provides communication for devices owned by a single user that work over a short distance. C. Refers to any type of operation accomplished without the use of a hard-wired connection. D. Refers to a wireless PAN technology that transmits signals over short distances among cell phones, computers, and other devices.