The accountant for Darden Corp was preparing a bank reconciliation as of April 30, 2014 . The following items were identified: Allan's book balance $46,200 Outstanding checks 1,100 Interest earned on checking account 50 Customer's NSF check returned by the bank 500 In addition, Darden made an error in recording a customer's check; the amount was recorded in cash receipts as $150; the bank
recorded the amount correctly as $510 . What amount will Darden report as its adjusted cash balance at April 30, 2014?
a. $44,650
b. $45,890
c. $46,110
d. $46,250
c
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Describe some of the reasons for the lack of distinct planning in new ventures.
What will be an ideal response?
The budgeting process begins with what?
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"To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as
A. A limit. B. An exclusion. C. An objective. D. A milestone. E. A deliverable.