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both questions please 10 and 11 10.ABC Company's bank statement at March 31 shows a balance of $12,840, while the ledger account for cash in
both questions please 10 and 11
10.ABC Company's bank statement at March 31 shows a balance of $12,840, while the ledger account for cash in ABC's ledger shows a balance of $13,123 at the same date. The only reconciling items are the following: -Deposit in transit. $890 -Bank service charge, 24 -NSF check, $426 - Error in recording check no.276 for office supplies: check was written in the amount of $1,420 but recorded improperly in the accounting records as $1,240. -Outstanding checks, $? What is the total amount of outstanding checks at March 317* (3 Points) 0 5877 O some other amount O $643 O $1.237 11. On January 1, 2018, Shark Company acquired equipment at a total cost $$66,000. The equipment had a useful life of 5 years with a residual value of $6,000. Shalk Company used Double-declining balance method. What is accumulated depreciation of the equipment as of end of 2019? (3 Points) $23.760 O $40.800 O $42.240 O some other amount 12. Sea Company had the following inventory purchases and sales during the month of May. The company uses the perpetual inventory methodStep by Step Solution
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