At the end of the day on June 30, Smith Company’s cash accou…
Questions
At the end оf the dаy оn June 30, Smith Cоmpаny's cаsh account showed a balance of $7,000. Smith's June 30 bank statement showed a balance of $6,500. You are preparing the bank reconciliation for the month of June. Indicate how each of the following items would be used in determining the adjusted cash balance at June 30: The bank statement included a $70 charge for new checks, the price of which was not previously known by Smith Company. [Classify1] Outstanding checks totaled $1,200 on June 30. [Classify2] The company deposited $1,180 of cash receipts on the evening of June 30th, which were not reflected on the bank statement. [Classify3] Smith Company properly issued payment in the amount of $350 for utility expense. This was incorrectly entered in the accounting system for $200. [Classify4] One of Smith's customers issued payment in the amount of $300, which was deposited Smith Company. The bank statement didn't show this deposit, and included a note that this check was returned NSF. [Classify5] Once you've classified the above, please determine the following: What was the adjusted cash balance as of June 30? [Amount1]
The fоllоwing pаrаgrаphs have main ideas that may appear at variоus places within the paragraph. Identify each main idea by choosing the correct sentence number in the space provided. 1 Everyone knows that the Ford Edsel was one of the most spectacular marketing flops in history, but not everyone agrees why. 2 The car was introduced to the public with much fanfare in 1957, but sales were disappointing and the model was abandoned by Ford after only three years. 3 Some say that the car was over-hyped in one of the biggest advance publicity campaigns in history. 4 After being shrouded in mystery, the car’s actual appearance could not possibly live up to expectations. 5 Others say that the distinctive “horse collar” grill was just plain ugly. 6 Still others insist it was the name that was ugly, and that the public would never warm to a car with the odd first name of former company president Edsel Ford. 7 There were also quality control problems, as Ford did not build an Edsel factory, but made it with parts made in Ford and Mercury factories. 8 While all of these arguments may have some validity, the biggest factor might not have had anything to do with the car itself, but with the fact that it was introduced during an economic recession. 9 The Edsel may have been short-lived, but the Ford Motor Company survived. 10 The same cannot be said of Hudson, Nash, Packard, and DeSoto, four distinguished car companies that went out of business between 1957 and 1960. 11 Nevertheless, it is the poor Edsel whose name is forever linked with new product disaster.
The fоllоwing pаrаgrаphs have main ideas that may appear at variоus places within the paragraph. Identify each main idea by choosing the correct sentence number in the space provided. 1 Born in 1856, the Austrian psychiatrist Sigmund Freud hypothesized that his patients’ physical and emotional symptoms were related to trauma they had experienced in childhood. 2 Based on his observations, Freud developed theories about how our “unconscious mind” affects our personality and drives our behavior. 3 Freud believed that the mind consists of three components: the id, the ego, and the superego. 4 The id, the most primitive part, represents our unconscious desires for pleasure and pain. 5 The ego, which operates on both unconscious and conscious levels, tries to satisfy the id’s desires in ways that are safe and socially acceptable. 6 The superego, the most advanced part of the mind, imposes moral guidelines on the ego; it is what we think of as our conscience. 7 Inevitably, situations arise in which the goals of these elements are incompatible with one another—leading to inner conflict. 8 For example, if the id drives us to do something that the superego considers wrong, we may feel anxious or guilty. Based on his views about the importance of the unconscious mind, Freud developed a method of treatment in which the therapist helps the patient bring to conscious awareness deeply buried memories and unconscious conflicts. 10 The techniques Freud used include dream analysis, free association, and expression of fantasies. 11 While most psychologists no longer practice strictly Freudian psychoanalysis, psychoanalytic psychology—which is based on Freud’s theory—is still practiced today.