Adela received her bank statement on March 7, showing a balance of $2,668.02. The balance shown in her checkbook was $2,256.20. Deposits in transit amounted to $646.53 and there was a service charge of $7.00. Outstanding checks were $276.69, $380.00, $35.00, and $282.68, and the interest earned was $90.98. Find the reconciled balance
A) $1,963.01
B) $2,340.18
C) $2,717.35
D) $3,279.90
B
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Answer the following statements true (T) or false (F)
1.Altman and Taylor’s model of social penetration shows four squares within a larger square to illustrate the concepts. 2.The social penetration model enables us to understand why some of our relationships seem stronger than others. 3.Anita’s relationship with Zach will likely remain casual because their communication with someone lacks breadth or depth. 4.Every Saturday night, Brandy and Paul go to a movie. Next Saturday, Brandy wants to do something different and go to the county fair that will be in town. Paul still wants to maintain the routine of going to see a movie. The dialectical tension in this case is stability–change. 5.Kat and Jim have very different needs when it comes to a person’s desire to be constantly with one another and the need for some alone time. The dialectical tension between Kat and Jim is expression–privacy.
What effect will this adjusting journal entry have on the accounting records? Supplies Expense 267 Supplies 267
A) Increase income B) Decrease net income C) Decrease expenses D) Increase assets
Which of the following is NOT shown on the Value Line and Standard & Poor's stock reports?
A. percent long term debt of capitalization B. number of shares outstanding C. names of the people who sit on the board of directors D. quarterly dividends
Joe, who is single with modified AGI of $84,000, is sending his son to his first year of college. The total tuition and related payments during the year amounted to $18,000. Joe has not taken advantage of any other type of tax benefit related to educational expenses. His American Opportunity Tax Credit is ___________.
A) $0. B) $1,000. C) $1,500. D) $2,500.