Lastly, discuss the product, costing, or price values based on recommended changes that would create cost-efficiencies or value-added benefit to the company stakeholders and end customer.The requirements below must be met for your paper to be accepted and graded:Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below.Use font size 12 and 1” margins.Include cover page and reference page.At least 80% of your paper must be original content/writing.No more than 20% of your content/information may come from references.Use at least three references from outside the course material, one reference must be from EBSCOhost. Be sure to identify stakeholders and discuss the key value-added activities recognized associated with a basic process map, using analysis results to identify gaps or opportunities for consolidating steps. Conduct a simple analysis for one process category in your department or division at your company or select a Fortune 500 company department or division (i.e. (It was properly recorded in the bank statement as $250.)Ĭomplete a simple process map in PowerPoint that can be copied as an image into an APA formatted Word document. withdrawal) in the amount of $5,000 to our account.The bank erroneously posted another company's deposit into our account in the amount of $3,000.After reconciling the bank statement, we noticed that a check that was written to pay for the current month's utilities in the amount of $250 was improperly recorded in our books as $520. Doe) on our behalf as part of the lockbox service that we established with the bank.The bank erroneously posted another company's check (i.e.
Smith, a customer) was returned by the bank to the company in the July 31st bank statement.A bank service charge in the amount of $50 was included in the July 31st bank statement.Interest in the amount of $125 was deposited into our account by the bank.The bank collected $1,000 from a customer (H. Option #1: Conducting a Bank ReconciliationNote: Part 1 is the bank reconciliation itself and Part 2 is for the adjusting entries.Instructions: Using the information below, complete the bank reconciliation for both the "book" andthe "bank" sides and create all necessary adjusting journal entries.Details:Cash balance per company's records as of July 31st was $66,955.Bank statement balance as of July 31st was $15,875.A deposit in the amount of $52,000 was deposited into the night depository of the bank on July 31st but did not get recorded in the July 31st bank statement balance.Check #354 in the amount of $575 and check # 365 in the amount of $1,500 were outstanding as of this bank statement.An NSF check in the amount of $500 (written by J.