uop acc 290 new,uop acc 290 new,uop acc 290 new complete course,uop a UOP ACC 290 Final Description NEW | Page 10
an extensive marketing plan.
separation of duties.
Question 27
For which of the following errors should the appropriate
amount be subtracted from the balance per books on a bank
reconciliation?
Check written for $95, but recorded by the company as $59
Deposit of $500 recorded by the bank as $50.
Check written for $53, but recorded by the company as $35.
A returned $200 check recorded by the bank as $20.
Question 28
A check written by the company for $126 is incorrectly
recorded by a company as $162. On the bank reconciliation, the
$36 error should be
deducted from the balance per books.
added to the balance per bank.
added to the balance per books.
deducted from the balance per bank.
Question 29
The following information was available for Blossom Company
at December 31, 2017: beginning inventory $93000; ending
inventory $146000; cost of goods sold $676000; and sales
$824000. Blossom inventory turnover ratio (rounded) in 2017