All of the following bank reconciliation items would result in an adjusting entry on the company's books except

The following budget data pertain to the Machining Department of Yolkenverst Co.:

ourFixed factory overhead$433,500 The company prepared the budget at 85% of the maximum capacity level. The department uses machine hours as the basis for applying standard factory overhead costs to production. The budgeted total factory overhead for the Machining Department, rounded to the nearest dollar, is:

You and a counter-party have entered into a cash-settled forward contract, settling in one month, whereby you will pay 55/barrel for 100,000 barrels of crude oil, and the counter-party agrees to "deliver" the oil in exchange. If on the settlement date, crude is 62/barrel, then on that date:

a) you are required to pay 7x100,000 to the counterpart b) the counterparty is required to pay 7x100,000 to you c) you are required to pay 62x100,000 to the counterpart d) the counterparty is required to pay 55x100,000 to you e) the counterparty is required to pay 62x100,000 to you