No | Account | Debit | Credit |
1 | Cash | 900 | |
Inventory | 900 | ||
(4500-5400) | |||
2 | Office supplies Expense | 80 | |
Cash | 80 |
Required information [The following information applies to the questions displayed below.] Part 2 of 2 Rick...
Required Information The following information applies to the questions displayed below! Rick Hall owns a card shop: Hall's Cards. The following cash information is available for the month of August Year 1 As of August 31, the bank statement shows a balance of $11,005. The August 31 unadjusted balance in the Cash account of Hall's Cards is $7.742. A review of the bank statement revealed the following information 1. A deposit of $1720 on August 31, Year 1 does not...
Help Sav Required information [The following information applies to the questions displayed below) Rick Hall owns a card shop: Hall's Cards. The following cash information is available for the month of August Year 1 As of August 31, the bank statement shows a balance of $14,520. The August 31 unadjusted balance in the Cash account of Hall's Cards is $9,945. A review of the bank statement revealed the following information: 1. A deposit of $1,170 on August 31, Year 1,...
Required information [The following information applies to the questions displayed below.) The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. a. On July 31, the company's Cash account has a $25,486 debit balance, but its July bank statement shows a $28,221 cash balance. b. Check No. 3031 for $1,660, Check No. 3065 for $606, and Check No. 3069 for $2,428 are outstanding checks as of July...
Required information [The following information applies to the questions displayed below. Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding. No. 5888 for $1,001 and No. 5893 for $482. The following information is available for its September 30, 2017, reconciliation From the September 30 Bank Statement PREVIOUS BALANCE TOTAL CHECKS AND DEBITS TOTAL DEPOSITS AND CREDITS CURRENT BALANCE 16,500 9,713 1,674 18,461 CHECKS AND DEBITS Date No....
Required information (The following information applies to the questions displayed below.) Del Gato Clinic's cash account shows a $13,800 debit balance and its bank statement shows $13,560 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,742. b. The June 30 bank statement lists a $35 bank service charge. C. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payment of a utility bill on June...
0 Required information [The following information applies to the questions displayed below.) The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. a. On July 31, the company's Cash account has a $25,764 debit balance, but its July bank statement shows a $27272 cash balance b. Check No. 3031 for $1,170, Check No. 3065 for $361, and Check No. 3069 for $1,938 are outstanding checks as of...
Required information [The following information applies to the questions displayed below.) Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding, No. 5888 for $1,010 and No. 5893 for $510. Check No. 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation. From the September 30 Bank Statement PREVIOUS BALANCE 17,000 TOTAL CHECKS AND DEBITS 9,663 TOTAL DEPOSITS AND CREDITS...
Required information [The following information applies to the questions displayed below.] The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance as of July 31. On July 31, the company’s Cash account has a $24,906 debit balance, but its July bank statement shows a $27,589 cash balance. Check No. 3031 for $1,640, Check No. 3065 for $596, and Check No. 3069 for $2,408 are outstanding checks as of July 31....
Required information (The following information applies to the questions displayed below.) Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, its Cash account shows an $11,589 debit balance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank. a. Outstanding checks as of June 30 total $1,829. b. The June 30 bank statement lists a...
Required information Use the following information for the Exercises below The following information applies to the questions displayed below.] Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, 2017, its Cash account shows an $15,966 debit balance. Del Gato Clinic's June 30 bank statement shows $16,274 on deposit in the bank. a. Outstanding checks as of June 30 total...