Homework Answers
| Date | Account Titles and Explanation | Debit | Credit |
| Nov 30 | Cash | $27 | |
| Accounts Payable | $27 | ||
| (To correct an error in the recording) | |||
| Nov 30 | Cash | $3,600 | |
| Notes Receivable | $3,463 | ||
| Interest Revenue | $137 | ||
| (To record collection of note receivable and interest by the bank) | |||
| Nov 30 | Miscellaneous Expense | $40 | |
| Cash | $40 | ||
| (To record check printing charges) | |||
| Nov 30 | Accounts Receivable | $560 | |
| Cash | $560 | ||
| (To record NSF check) | |||
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Prepare any adjusting entries necessary as a result of the bank reconciliation. (Credit account titles are...
The Oriole Boat Company's bank statement for the month of November showed a balance per bank...
The Oriole Boat Company's bank statement for the month of November showed a balance per bank of information is as follows: the company's Cash court in the general lederhad balance of 57378 November Other (1) Cash receipts for November 30 recorded on the company's books were $7630 but this amount does not appear on the bank statement (2) The bank statement shows a debit memorandum for $40 for check printing charges (3) Check No 119 payable to Ivanhoe Company was...
The Pharoah Boat Company's bank statement for the month of November showed a balance per bank...
The Pharoah Boat Company's bank statement for the month of November showed a balance per bank of $8,900. The company's Cash account in the general ledger had a balance of $6,269 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,390 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $50 for check printing charges. (3) Check No. 119...
Exercise 202 The Hartman Boat Company's bank statement for the month of November showed a balance...
Exercise 202 The Hartman Boat Company's bank statement for the month of November showed a balance per bank of $7,000. The company's Cash account in the accounting records had a balance of $5,659 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,000 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $40 for check printing charges. (3) Check...
Seaside Boat Company's bank statement for the month of September showed a balance per bank of...
Seaside Boat Company's bank statement for the month of September showed a balance per bank of $7,000. The company's Cash account in the general ledger had a balance of $4,667 at September 30. Other information is as follows: (1) Cash receipts for September 30 recorded on the company's books were $4,200 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $40 for check printing charges. (3) The total amount of...
Laymon Boat Company's bank statement for the month of September showed a balance per bank of...
Laymon Boat Company's bank statement for the month of September showed a balance per bank of $7,000. The company's Cash account in the general ledger had a balance of $4,667 at September 30. Other information is as follows: (1) Cash receipts for September 30 recorded on the company's books were S5,000 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $60 for check printing charges. (3) Check No. 119 payable...
Lyleen Boat Company's bank statement for the month of September showed a balance per bank of $7,000.
Lyleen Boat Company's bank statement for the month of September showed a balance per bank of $7,000. The company's Cash account in the general ledger had a balance of $5,459 at September 30. Other information is as follows: (1) Cash receipts for September 30 recorded on the company's books were $5,700 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $40 for check printing charges. (3) Check No. 119 payable to Mann Company...
2.) Based on the following information, prepare the November bank reconciliation for the Avisa Company and...
2.) Based on the following information, prepare the November bank reconciliation for the Avisa Company and also prepare the general journal entries Avisa must make at November 30. . The following information is available for the Avisa Company for the month of November: a. On November 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $27,202 b. The company's bank statement shows a balance on November 30 of $29,279. c. Outstanding...
Bank Reconciliation The Seattle Boat Company's bank statement for the month of September indicated a balance...
Bank Reconciliation The Seattle Boat Company's bank statement for the month of September indicated a balance of $15,400. The company's cash account in the general ledger showed a balance of $12,450 on September 30. Other relevant information includes the following: 1. Deposits in transit on September 30 total $11,440. 2. The bank statement shows a debit memorandum for a check printing charge of $88. 3. Check number 238 payable to Simon Company was recorded in the accounting records for $546...
Using the following information, prepare a bank reconciliation and any adjusting entries necessary as a result...
Using the following information, prepare a bank reconciliation and any adjusting entries necessary as a result of the bank reconciliation for Balmoral Ltd for 30 April The bank statement balance is $9,100. a. b. The cash account balance is $7,412 C. Outstanding cheques totalled $1,600. d. Outstanding deposit $300. e. The bank service charge is $12. f. Collection of a note receivable by bank, $400.
1. CUNILIUL L UI howed a balance of Bank Reconciliation The Seattle First Company's bank statement...
1. CUNILIUL L UI howed a balance of Bank Reconciliation The Seattle First Company's bank statement for the month of September: cated a balance of $13,375. The company's cash account in the general ledger showed a bal $10,030 on September 30. Other relevant information includes the following: 1. Deposits in transit on September 30 total $9,850. 2. The bank statement shows a debit memorandum for a $95 check printing charge. 3. Check number 238 payable to Simon Company was recorded...
The Oriole Boat Company's bank statement for the month of November showed a balance per bank of information is as follows: the company's Cash court in the general lederhad balance of 57378 November Other (1) Cash receipts for November 30 recorded on the company's books were $7630 but this amount does not appear on the bank statement (2) The bank statement shows a debit memorandum for $40 for check printing charges (3) Check No 119 payable to Ivanhoe Company was...
The Pharoah Boat Company's bank statement for the month of November showed a balance per bank of $8,900. The company's Cash account in the general ledger had a balance of $6,269 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,390 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $50 for check printing charges. (3) Check No. 119...
Exercise 202 The Hartman Boat Company's bank statement for the month of November showed a balance per bank of $7,000. The company's Cash account in the accounting records had a balance of $5,659 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,000 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $40 for check printing charges. (3) Check...
Laymon Boat Company's bank statement for the month of September showed a balance per bank of $7,000. The company's Cash account in the general ledger had a balance of $4,667 at September 30. Other information is as follows: (1) Cash receipts for September 30 recorded on the company's books were S5,000 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $60 for check printing charges. (3) Check No. 119 payable...
2.) Based on the following information, prepare the November bank reconciliation for the Avisa Company and also prepare the general journal entries Avisa must make at November 30. . The following information is available for the Avisa Company for the month of November: a. On November 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $27,202 b. The company's bank statement shows a balance on November 30 of $29,279. c. Outstanding...
Bank Reconciliation The Seattle Boat Company's bank statement for the month of September indicated a balance of $15,400. The company's cash account in the general ledger showed a balance of $12,450 on September 30. Other relevant information includes the following: 1. Deposits in transit on September 30 total $11,440. 2. The bank statement shows a debit memorandum for a check printing charge of $88. 3. Check number 238 payable to Simon Company was recorded in the accounting records for $546...
Using the following information, prepare a bank reconciliation and any adjusting entries necessary as a result of the bank reconciliation for Balmoral Ltd for 30 April The bank statement balance is $9,100. a. b. The cash account balance is $7,412 C. Outstanding cheques totalled $1,600. d. Outstanding deposit $300. e. The bank service charge is $12. f. Collection of a note receivable by bank, $400.
1. CUNILIUL L UI howed a balance of Bank Reconciliation The Seattle First Company's bank statement for the month of September: cated a balance of $13,375. The company's cash account in the general ledger showed a bal $10,030 on September 30. Other relevant information includes the following: 1. Deposits in transit on September 30 total $9,850. 2. The bank statement shows a debit memorandum for a $95 check printing charge. 3. Check number 238 payable to Simon Company was recorded...
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