A bank statement shows a balance of $401.85 . The check register of the account owner shows outstanding deposits of $350.00 and $247.32, as well as an outstanding check of $475.50 . Compute the adjusted cash balance of the bank statement
$523.67
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In a means-end chain for milk, the calcium content of milk leads to healthier bones, which leads to a display of wisdom and a comfortable life free of osteoporosis
The display of wisdom and a comfortable life component of the means-end chain is the: A) product attribute B) consumer benefit C) leverage point D) personal value
At the end of the fiscal year, an adjusting entry is made that increases salaries payable and increases salaries expense. This entry is an application of which accounting principle?
a. Full disclosure b. Materiality c. Matching d. Realization e. Historical cost
Parents may not disinherit their minor children without good reason
a. True b. False Indicate whether the statement is true or false
Bharrat Corporation purchased 40% of Ferris Corporation for $100,000 on January 1. On October 17 of the same year, Ferris Corporation declared total cash dividends of $12,000. At year-end, Ferris Corporation reported net income of $60,000. The balance in the Bharrat Corporation's Long-Term Investment-Ferris account at December 31 should be:
A. $124,000. B. $100,000. C. $119,200. D. $80,800. E. $95,200.