You would have a balance of $83.68
$448.70
You would have a balance of $83.68
Outstanding Checks = $323.14 Current Bank Balance = $232.54 Outstanding Deposits = $125.98 Final Balance = Current balance + Outstanding deposits - outstanding checks = 232.54 + 125.95 - 323.14 = 35.35 The final balance on Kenneth's account will be $35.35
717.03
On June 1, the cash account balance was $17,200. During June, cash payments totaled $178,300, and the June 30 balance was $23,900. Determine the cash receipts during June.
$448.70
You would have a balance of $83.68
You would have a balance of $83.68
You would have a balance of $83.68
Outstanding Checks = $323.14 Current Bank Balance = $232.54 Outstanding Deposits = $125.98 Final Balance = Current balance + Outstanding deposits - outstanding checks = 232.54 + 125.95 - 323.14 = 35.35 The final balance on Kenneth's account will be $35.35
717.03
717.03
Opening balance = 37100 Less:Withdraw = 1000 Less: Net loss = 52300 Closing balance = -16200 or debit balance of 16200
On June 1, the cash account balance was $17,200. During June, cash payments totaled $178,300, and the June 30 balance was $23,900. Determine the cash receipts during June.
Gap insurance only pays if the vehicle is totaled in an accident or stolen and not recovered. It does not cover the deficiency balance after a repossession sale.
IF they have JUDGEMENT, THEY CAN GARNISH YOUR WAGES OR ATTACH OTHER PERSONAL PROPERTY.
If an insured car is totalled the insurance company will issue a check made out to the lien holder and the owner jointly, both the lien holder and the owner have to endorse the check to cash it. If the value of the car is more than the lien, the lien gets paid off and the owner gets the remainder. If the value is less than the lien, and therefore, the insurer pays less than the outstanding balance on the loan, the lienholder will be entitled to it. Additionally, the owner will be liable for the balance owing after insurance proceeds are credited.