During which of the following steps is a grievance said to have moved from the formal to informal stage?
a. An employee informs a union steward about a grievance.
b. An employee completes a grievance form.
c. A union grievance committee is formed to resolve the grievance.
d. A union reports a grievance to an arbitrator.
b
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Indicate whether the statement is true or false
The following information is available for Golden Image, Inc.:
? The bank statement indicated a monthly service charge of $200. ? Golden Image made a deposit of $2,660 on June 30, but this deposit did not appear on the bank statement until July 6. ? The bank collected an account receivable of $900 from one of Golden Image's customers. ? The bank also collected interest revenue for Golden Image of $99. ? The bank also returned a nonsufficient funds check for $378 from John Able, one of Golden Image's customers. ? Checks #1874 for $1,140, #1898 for $609, and #1899 for $875 were written by Golden Image and sent to the respective companies, but these checks do not appear on the bank statement. ? The balance on the bank statement as of June 30 was $16,711. ? On June 30, the Cash account from Golden Image's books showed an amount of $16,326. Required: 1. Prepare the bank reconciliation at June 30 for Golden Image, Inc. 2. Prepare the necessary journal entries by Golden Image, Inc., at June 30.