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Question 1 of 20 5.0/ 5.0 points how would outstanding checks be

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Question 1 of 20

5.0/ 5.0 Points

How would outstanding checks be handled when reconciling the ending cash balance per the bank statement to the correct adjusted cash balance?

 

[removed]

A. They would be added to the balance of the bank statement.

  

[removed]

B. They would be subtracted from the balance of the bank statement.

  

[removed]

C. They would be added to the balance per books.

  

[removed]

D. They would be ignored.

  

Question 2 of 20

0.0/ 5.0 Points

A bank statement includes bank charges. On the bank reconciliation, the item is a/an

 

[removed]

A. addition to the balance per company books.

  

[removed]

B. addition to the balance per bank statement.

  

[removed]

C. deduction from the balance per bank statement.

  

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D. deduction from the balance per company books.

  

Question 3 of 20

0.0/ 5.0 Points

Using the following information, calculate the adjusted cash balance at the end of April. 

Bank statement ending cash balance

$2,000

General ledger cash balance ending

3,250

Bank monthly service charge

45

Deposits in transit

2,500

Outstanding checks

1,500

NSF check returned with bank statement

205

 

 

[removed]

A. $3,000

  

[removed]

B. $4,250

  

[removed]

C. $4,000

  

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D. $5,500

  

Question 4 of 20

5.0/ 5.0 Points

Scotch Services received a credit memorandum from the bank. During the bank reconciliation, it should

 

[removed]

A. increase its cash account on the company’s books.

  

[removed]

B. decrease its cash account on the company’s books.

  

[removed]

C. increase the ending cash balance on the bank statement.

  

[removed]

D. decrease the ending cash balance on the bank statement.

  

Question 5 of 20

5.0/ 5.0 Points

Checks that have been processed by the bank and are no longer negotiable are

 

[removed]

A. outstanding checks.

  

[removed]

B. canceled checks.

  

[removed]

C. checks in process.

  

[removed]

D. blank checks.

  

Question 6 of 20

0.0/ 5.0 Points

The first two numbers of the ABA code listed on the check represent the

 

[removed]

A. Federal Reserve District.

  

[removed]

B. check number.

  

[removed]

C. routing number.

  

[removed]

D. account number.

  

Question 7 of 20

0.0/ 5.0 Points

Using the following information, determine the adjusted cash balance per bank for Santa’s Packaging on November 30. 

Cash balance on the bank statement

$2,350

Customer’s check returned—NSF

500

Customer’s note collected by the bank

600

Deposits in transit, November 30

1,400

Outstanding checks, November 30

2,650

 

 

[removed]

A. $1,250

  

[removed]

B. $1,100

  

[removed]

C. $1,550

  

[removed]

D. $1,350

  

Question 8 of 20

0.0/ 5.0 Points

On a bank reconciliation, deposits added to the bank side are called

 

[removed]

A. deposits in transit.

  

[removed]

B. late deposits.

  

[removed]

C. deposits on hold.

  

[removed]

D. outstanding deposits.

  

Question 9 of 20

5.0/ 5.0 Points

Internal control over a company’s assets should include which of the following?

 

[removed]

A. Responsibilities and duties of employees will be divided.

  

[removed]

B. All cash receipts will be deposited into the bank the same day they arrive.

  

[removed]

C. All cash payments will be made by check (except petty cash).

  

[removed]

D. All of the above

  

Question 10 of 20

0.0/ 5.0 Points

If the bank charged another company’s check against Shoe Depot’s account, this would be included on the bank reconciliation as a/an

 

[removed]

A. addition to the balance per books.

  

[removed]

B. subtraction from the balance per books.

  

[removed]

C. addition to the balance per bank.

  

[removed]

D. subtraction from the balance per bank.

  

Question 11 of 20

0.0/ 5.0 Points

A blank endorsement on a check

 

[removed]

A. can be further endorsed by someone else.

  

[removed]

B. cannot be further endorsed by someone else.

  

[removed]

C. is the safest type of endorsement.

  

[removed]

D. permits only the original endorser to get the money.

  

Question 12 of 20

5.0/ 5.0 Points

Advantages of online banking include

 

[removed]

A. convenience.

  

[removed]

B. transaction speed.

  

[removed]

C. effectiveness.

  

[removed]

D. All of the above

  

Question 13 of 20

5.0/ 5.0 Points

If the written amount on the check doesn’t match the amount expressed in figures, the bank may

 

[removed]

A. pay the amount written in words.

  

[removed]

B. return the check unpaid.

  

[removed]

C. contact the drawer to see what was meant.

  

[removed]

D. All of the above

  

Question 14 of 20

5.0/ 5.0 Points

A restrictive endorsement on a check

 

[removed]

A. can be further endorsed by someone else.

  

[removed]

B. is the safest endorsement for businesses.

  

[removed]

C. permits the bank to use its best judgment.

  

[removed]

D. None of the above

  

Question 15 of 20

0.0/ 5.0 Points

From the bank reconciliation, no entry was recorded for deposits in transit. This would cause

 

[removed]

A. assets to be overstated.

  

[removed]

B. assets to be understated.

  

[removed]

C. no impact since deposits in transit are already included in the balance per books.

  

[removed]

D. no impact since deposits aren’t recorded on the books.

  

Question 16 of 20

0.0/ 5.0 Points

Company policy for internal control should include all of the following except for which one?

 

[removed]

A. Employees will be rotated.

  

[removed]

B. Monthly bank statements should be sent to and reconciled by the same employees who authorize payments and write checks.

  

[removed]

C. The owner (or responsible employee) signs all checks after receiving authorization to pay from the departments concerned.

  

[removed]

D. At time of payment, all supporting invoices or documents will be stamped “paid.”

  

Question 17 of 20

5.0/ 5.0 Points

The bank statement shows

 

[removed]

A. the beginning bank balance of the cash at the start of the month.

  

[removed]

B. the checks the bank has paid and any deposits received.

  

[removed]

C. any other charges or additions to the bank balance.

  

[removed]

D. All of the above

  

Question 18 of 20

0.0/ 5.0 Points

The journal entry to reverse the entry of a customer’s nonsufficient-funds check would include a

 

[removed]

A. debit to Cash.

  

[removed]

B. credit to Cash.

  

[removed]

C. debit to Accounts Payable.

  

[removed]

D. credit to Accounts Receivable.

  

Question 19 of 20

0.0/ 5.0 Points

A full endorsement on a check

 

[removed]

A. is the same as a blank endorsement.

  

[removed]

B. can be endorsed only by the person or company named in the original endorsement.

  

[removed]

C. is the safest endorsement for businesses.

  

[removed]

D. None of the above

  

Question 20 of 20

0.0/ 5.0 Points

Outstanding checks

 

[removed]

A. have been subtracted on the bank records but not the checkbook records.

  

[removed]

B. haven’t been presented to the bank for payment and haven’t been subtracted from the checkbook.

  

[removed]

C. haven’t been presented to the bank for payment but have been subtracted in the checkbook.

  

[removed]

D. have been returned to the business for nonpayment.

  
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July 1, 2023
    

This assessment will have three parts: Part A, Part B, and Part C. They should be submitted together as one assignment, and you will receive one grade for all three parts. Please be sure that all parts of the assignment are present so that you can receive the maximum credit available.

Part A—Original: Please include the original draft of your assignment for comparison.

Part B—Reflection: You were asked to choose a piece of your writing from your efolio that you would like to develop further. Now, you are going to take some time to reflect upon your reasons for choosing that piece. What is it about that selection that grabs your attention? Is it the subject matter? Is it because you have a real-world connection to it? Maybe it is simply because you liked the way you worded it. Whatever the reason, take a few minutes to reflect on why you chose this piece and what your plans are for developing it further.

Part C—Revision: Use the checklist from before to go through the essay you have chosen. Look at each of the areas and closely examine how your essay fits into each. Then, use the added knowledge you have now to revise your essay into a stronger piece. Be sure to develop your thoughts by adding support from the various texts you have read in this learning path. Your revised essay will be graded by your instructor in conjunction with your reflection from Part B.

 

 

part A:

 

Monsters in Our Midst, Assignment 04

Please be sure to copy and paste the complete assignment instructions at the top of every assignment.  Thank you.

Ivy Zhang

july3

 

Dear Heorohulf, 

This is Gerogar your cousin.I am writing this letter to you so that someone will know about the things that had happened to in the my village.  The people of the village had heard stories of the demon creature. The monster had escaped it its banishment and is now plaguing this the village. The monster is named Grendel, and he is evil.  Please work on using more complex-compound sentences.

 

When Grendel reappeared most of us could not believe the stories of the creature. They took place outside of the town in a region that no one ever visited.  Grendel is was coming to attacks the village . The other night Grendel attacked a company of the best guards while they were asleep. He killed many of them and took thirty of there bodies back to his liar were we assume they were his feast. The tragedy that falls on us does not stop at this one night. Ivy, is your grammar check enabled?  I see green squiggly underlines everywhere—do not ignore these.  The computer is trying to tell you that you have an error.  If you right click on the word, it will even give you a suggestion.  Stopped editing here—too many errors.

The fear in this country is great while we wait for Grendel's next coming. Our leader has sent word to a foreign land and requested the aid of Beowulf. If he fails to get here in time everything might be destroyed and everyone  will be killed. 

Cousin, I can not spend anymore time on this letter . I wish that I  have made this longer so we could discuss more. Please Remember this village is songs as being brave and not just a village wiped out by monsters. I hope that we will see each other again soon. 

Your cousins, 

Gerogar

Ivy, who is your supervisor?  I would suggest sitting down with your supervisor to go over each of your assignments because you need a lot of help with grammar.  Reading is also excellent for helping with grammar.

 

default image
July 1, 2023
    

This assessment will have three parts: Part A, Part B, and Part C. They should be submitted together as one assignment, and you will receive one grade for all three parts. Please be sure that all parts of the assignment are present so that you can receive the maximum credit available.

Part A—Original: Please include the original draft of your assignment for comparison.

Part B—Reflection: You were asked to choose a piece of your writing from your efolio that you would like to develop further. Now, you are going to take some time to reflect upon your reasons for choosing that piece. What is it about that selection that grabs your attention? Is it the subject matter? Is it because you have a real-world connection to it? Maybe it is simply because you liked the way you worded it. Whatever the reason, take a few minutes to reflect on why you chose this piece and what your plans are for developing it further.

Part C—Revision: Use the checklist from before to go through the essay you have chosen. Look at each of the areas and closely examine how your essay fits into each. Then, use the added knowledge you have now to revise your essay into a stronger piece. Be sure to develop your thoughts by adding support from the various texts you have read in this learning path. Your revised essay will be graded by your instructor in conjunction with your reflection from Part B.

 

 

part A:

 

Monsters in Our Midst, Assignment 04

Please be sure to copy and paste the complete assignment instructions at the top of every assignment.  Thank you.

Ivy Zhang

july3

 

Dear Heorohulf, 

This is Gerogar your cousin.I am writing this letter to you so that someone will know about the things that had happened to in the my village.  The people of the village had heard stories of the demon creature. The monster had escaped it its banishment and is now plaguing this the village. The monster is named Grendel, and he is evil.  Please work on using more complex-compound sentences.

 

When Grendel reappeared most of us could not believe the stories of the creature. They took place outside of the town in a region that no one ever visited.  Grendel is was coming to attacks the village . The other night Grendel attacked a company of the best guards while they were asleep. He killed many of them and took thirty of there bodies back to his liar were we assume they were his feast. The tragedy that falls on us does not stop at this one night. Ivy, is your grammar check enabled?  I see green squiggly underlines everywhere—do not ignore these.  The computer is trying to tell you that you have an error.  If you right click on the word, it will even give you a suggestion.  Stopped editing here—too many errors.

The fear in this country is great while we wait for Grendel's next coming. Our leader has sent word to a foreign land and requested the aid of Beowulf. If he fails to get here in time everything might be destroyed and everyone  will be killed. 

Cousin, I can not spend anymore time on this letter . I wish that I  have made this longer so we could discuss more. Please Remember this village is songs as being brave and not just a village wiped out by monsters. I hope that we will see each other again soon. 

Your cousins, 

Gerogar

Ivy, who is your supervisor?  I would suggest sitting down with your supervisor to go over each of your assignments because you need a lot of help with grammar.  Reading is also excellent for helping with grammar.

 

default image
July 1, 2023
    

This assessment will have three parts: Part A, Part B, and Part C. They should be submitted together as one assignment, and you will receive one grade for all three parts. Please be sure that all parts of the assignment are present so that you can receive the maximum credit available.

Part A—Original: Please include the original draft of your assignment for comparison.

Part B—Reflection: You were asked to choose a piece of your writing from your efolio that you would like to develop further. Now, you are going to take some time to reflect upon your reasons for choosing that piece. What is it about that selection that grabs your attention? Is it the subject matter? Is it because you have a real-world connection to it? Maybe it is simply because you liked the way you worded it. Whatever the reason, take a few minutes to reflect on why you chose this piece and what your plans are for developing it further.

Part C—Revision: Use the checklist from before to go through the essay you have chosen. Look at each of the areas and closely examine how your essay fits into each. Then, use the added knowledge you have now to revise your essay into a stronger piece. Be sure to develop your thoughts by adding support from the various texts you have read in this learning path. Your revised essay will be graded by your instructor in conjunction with your reflection from Part B.

 

 

part A:

 

Monsters in Our Midst, Assignment 04

Please be sure to copy and paste the complete assignment instructions at the top of every assignment.  Thank you.

Ivy Zhang

july3

 

Dear Heorohulf, 

This is Gerogar your cousin.I am writing this letter to you so that someone will know about the things that had happened to in the my village.  The people of the village had heard stories of the demon creature. The monster had escaped it its banishment and is now plaguing this the village. The monster is named Grendel, and he is evil.  Please work on using more complex-compound sentences.

 

When Grendel reappeared most of us could not believe the stories of the creature. They took place outside of the town in a region that no one ever visited.  Grendel is was coming to attacks the village . The other night Grendel attacked a company of the best guards while they were asleep. He killed many of them and took thirty of there bodies back to his liar were we assume they were his feast. The tragedy that falls on us does not stop at this one night. Ivy, is your grammar check enabled?  I see green squiggly underlines everywhere—do not ignore these.  The computer is trying to tell you that you have an error.  If you right click on the word, it will even give you a suggestion.  Stopped editing here—too many errors.

The fear in this country is great while we wait for Grendel's next coming. Our leader has sent word to a foreign land and requested the aid of Beowulf. If he fails to get here in time everything might be destroyed and everyone  will be killed. 

Cousin, I can not spend anymore time on this letter . I wish that I  have made this longer so we could discuss more. Please Remember this village is songs as being brave and not just a village wiped out by monsters. I hope that we will see each other again soon. 

Your cousins, 

Gerogar

Ivy, who is your supervisor?  I would suggest sitting down with your supervisor to go over each of your assignments because you need a lot of help with grammar.  Reading is also excellent for helping with grammar.

 

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