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Just need 3 and 4 answered please 3. Reconcile the following bank and book cash balances and do necessary adjusting entries: Bank balance $1,980 7/31/20;

Just need 3 and 4 answered please

3. Reconcile the following bank and book cash balances and do

necessary adjusting entries:

Bank balance $1,980 7/31/20; book balance 7/31/20

$1,967: NSF check S81;

Note collected by bank $190; interest collected by

bank on note $6; bank

service charge $4; outstanding checks $150 and

deposits outstanding $ 247.

4, Future value of a single value of $5,000. Factors to choose

1.262477 from luture

value table or 4.374616 from the annuity table.

Explain current ratio and inventory turnover

5. A Co, assigned $100,000 of account receivables for a service

lee of S500 and

70% advance. Journalize the transaction.

6. B Co wrote off $10,000 of account receivables using the

allowance method.

Journalize the transaction.

7. C Co. factored $200,000 of account receivables for 90% of

value and a 10%

commission. Journalize the transaction.

Just need 3 and 4 answered please

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