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Question 7 Not yet answered Joseph was preparing a bank reconciliation as of December 28, 2017 The following items were identified: Joseph's book balance $15,000,
Question 7 Not yet answered Joseph was preparing a bank reconciliation as of December 28, 2017 The following items were identified: Joseph's book balance $15,000, Outstanding Checks $2,500, Deposit in transit, $1,000, Bank service charge $100, Customer's NSF check returned by the bank $200. What amount will Joseph report as its adjusted cash balance at December 28, 2017? Marked out of 250 P Flag question Select one A $18,200 B. $13,700 C. $16,200 O D $14.700 Question 8 Not yet answered Benjamin Corp. offers terms of 2/10,n/30 to credit customers. Gibson Inc, purchased 100 units with a list price of $30 each on March 5, 2017, on account. If Gibson Inc. pays the amount of the invoice for its purchase on March 14, 2017. how much cash will Benjamin receive from Gibson Inc? Marked out of 2 50 P Flag question Select one: A $60 B. $2,500 C. $3,000 D. $2.9.40 Question 9 Mallory Company borrowed on a one-year, 12%, $100.000 note on May 1, with interest and principal to be paid at maturity How much interest payable will be reported on Malory's balance sheet as of November 30 of the same year? Not yet answered Marked out of 2.50 P Flag question Select one A $7,000 B. $6,000 C. $12.000
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