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Chan Rocano Inc. trial balance at 12/31/2021 included: $ 630 2,600 2,100 Currency and coins Balance in checking account Customer checks waiting to be deposited
Chan Rocano Inc. trial balance at 12/31/2021 included: $ 630 2,600 2,100 Currency and coins Balance in checking account Customer checks waiting to be deposited Treasury bills, purchased on 11/1/2021, mature on 4/30/2022 Marketable equity securities Commercial paper, purchased on 11/1/2021, mature on 1/30/2022 2,300 11,100 5,900 What is Chan Rocano's cash and cash equivalents at 12/31/2021? Choudary & Lima Tailors cash accounts are as follows: at the end of May, the general ledger checking account showed a balance of $1.490 and the bank statement showed a bank balance of $1,315. Outstanding checks totaled $415 and deposits in transit were $215. The bank statement listed service charges of $95 and NSF checks totaling $280. The corrected cash balance is Multiple Choice On July 8, the inventory of Mo Puga Enterprises was destroyed by a hurricane. The following information is available: Sales, January 1, through July 8 Inventory, January 1 Purchases, January 1 through July 8 Gross profit ratio $ 697,000 140,000 643,000 28% What is the estimated Inventory on July 8 immediately prior to the hurricane
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