Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Answer:
A. $1,880
B. $2,040
C. $1,700
D. $1,600
Explanation:
A. Calculation to determine the deposits in transit at July 31
Deposit in transit at July 31 = $580 + $16,900 - $15,600
Deposit in transit at July 31 = $1,880
Therefore Deposit in transit at July 31 will be $1,880
B. Calculation to determine the outstanding checks at July 31
Outstanding check on July 31 = $940 + $17,500 - $16,400
Outstanding check on July 31 =$2,040
Therefore Outstanding check on July 31 wi be $2,040
C. Calculation to determine the deposits in transit at August 31
Deposit in transit on August 31 = $25,900 + $2,200 - $26,400
Deposits in transit at August 31= $1,700
Therefore Deposits in transit at August 31 will be $1,700
D. Calculation to determine the outstanding checks at August 31
Outstanding checks at August 31=$23,500+$2,100-$24,000
Outstanding checks at August 31=$1,600
Therefore Outstanding checks at August 31 will be $1,600
Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.