1The company's bank statement shows a cash balance of $12,000. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $7,000, deposits outstanding of $7,500, NSF check of $200, and service fee of $25 and a $1,200 note receivable collected by the bank. Calculate the correct balance of cash:

2At December 31, the company had account balances in Accounts Receivable of $50,000 and in

Allowance for Uncollectible Accounts (AUA) of $300 (credit) before any adjustments. An analysis

of the company's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. After the adjusting entry, what is the balance in the AUA account? $

3 The company had $30,000 of inventory on December 31, Year 2. During the year they purchase $650,000 and cost of goods was $640,000. What was the company's beginning inventory for Year 2? $

4 Use the following to calculate pretax income (IBT):$.

5 The company purchased new equipment at the beginning of year 1 for $300,000. Management

estimated they would use the equipment for 4 years and when they were done using it they

estimated the residual value would be $30,000. What is the equipment's book value at the end of

year 3 assuming the company uses straight-line deprecation?

1 The company's bank statement shows a cash balance of $12,000. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $7.000. deposits outstanding of S7.500, NSF check of S200, and service fee of $25 and a $1.200 note receivable collected by the bank. Calculate the correct balance of cash: S 2 At December 31, the company had account balances in Accounts Receivable of $50,000 and in Allowance for Uncollectible Accounts (AUA) of $300 (credit) before any adjustments. An analysis of the company's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. After the adjusting entry, what is the balance in the AUA account? $ 3 The company had $30,000 of inventory on December 31, Year 2. During the year they purchased $650,000 and cost of goods was $640,000. What was the company's beginning inventory for Year 2? S 4 Use the following to calculate pretax income (IBT): $ Interest revenue 5,000 Sales revenue Income tax expense 4.000 Cost of goods sold Selling expenses 14.000 Salaries expense Utilities expense 5,000 Rent expense 300,000 175.000 85.000 6,000 5 The company purchased new equipment at the beginning of year 1 for $300,000. Management estimated they would use the equipment for 4 years and when they were done using it they estimated the residual value would be $30,000. What is the equipment's book value at the end of year 3 assuming the company uses straight-line deprecation? $