Question
If the company's accountant mistakenly recorded an $78 deposit as $125, the error would be shown on the bank reconciliation as a(n): $117 addition to
$117 addition to the book balance.
$43 addition to the book balance.
$117 deduction from the book balance.
$43 deduction from the book balance.
The classified balance sheet for a company reported current assets of $1,754,109, total liabilities of $812,540, common stock of $1,130,000, and retained earnings of $143,260. The current ratio was 2.7.
What is the total amount of noncurrent assets?
$331,691
$941,569
$649,670
$480,849
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
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