AB 116 WEEK 3 A system of internal control
Question
Trudy Inc. had the following bank reconciliation at March 31 2014:
Balance per bank statement, 3/31/14 $37,200
Add: Deposit in transit 6,300
43,500
Less: Outstanding checks 8,600
Balance per books, 3/31/14 $34,900
Data per bank for the month of April 2014 follow:
Deposits $46,700
Disbursements 49,700
All reconciling items at March 31, 2014 cleared the bank in April. Outstanding checks at April 30, 2014 totaled $6,000. There were no deposits in transit at April 30, 2014. What is the cash balance per books at April 30, 2014?
Question :
A coal company invests $15 million in a mine estimated to have 20 million tons of coal and no salvage value. It is expected that the mine will be in operation for 5 years. In the first year, 1,000,000 tons of coal are extracted and sold. What is the depletion expense for the first year?
USA 
India