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Where Can I Download Free Movies?

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Submitted By rimuris
Words 1680
Pages 7
Remember to show your work if an answer requires a mathematical solution

1. On November 1, 2009, Broom Company received a bank statement that showed a $2,950 balance. Broom showed a $4,010 checking account balance. The bank didn’t return check No. 124 for $1,080 and check No. 138 for $720. A $3,200 deposit made on October 30 was in transit. The bank charged Broom $12 for check printing and $18 for an NSF check. Broom forgot to record a $30 withdrawal at the ATM. The bank also collected a $400 note for Broom. Prepare a bank reconciliation.
Bank Balance 2,950.00
Less outstanding ck# 124 (1,080.00)
Less outstanding ck# 138 (720.00)
Add deposit in transit 3,200.00

Adjusted Bank Balance 4,350.00

Book Balance 4,010.00
Less bank fee for checks (12.00)
Less bank fee for NSF (18.00)
Less ATM withdrawal (30.00)
Add Broom note collected 400.00

Adjusted Book Balance 4,350.00

2. Erasers cost $5 per carton and pencils cost $7 per carton. If an order comes in for a total of 15 cartons for $85, how many cartons of each were bought?
5e + 7p = 85 e+p = 15
Solve the simultaneous equations.

Another way to look at it si that you buy 15 cartons of erasers at $5 each. You still have some money left over.
Now, for a carton of erasers and $2 (That's $7-$5), you can get a carton of pencils.
3. The price of a hamburger increased from $1.10 to $1.59. What percent did the price increase?
1.59-1.10= 0.49
Now you have to know how much is 0.49 in percentage from 1.10 so we multiply 0.49x100= 49
49/1.10= 44.54% 4. Morgan Company received from Lee Company an invoice dated September 27. Terms were 2/10 EOM. List price on the invoice was $5,000 (freight not included). Morgan receives a 9/7 chain discount. Freight charges are Morgan’s responsibility but Lee agreed to prepay the $150 freight charge. Morgan pays the invoice November 9. What does Morgan pay Lee?

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