Cash | |||
Beg. bal. | 0 | ||
2 | 40,000 | 3 | 8,100 |
6 | 10,000 | 4 | 7,200 |
18 | 10,825 | 7 | 12,000 |
21 | 9,310 | 8 | 600 |
24 | 12,990 | 9 | 700 |
26 | 5,413 | 12 | 900 |
29 | 4,871 | 15 | 500 |
19 | 500 | ||
22 | 520 | ||
23 | 10,780 | ||
25 | 13,230 | ||
28 | 420 | ||
30 | 3,309 | ||
31 | 250 | ||
End. bal. | 34,400 |
2.
AHH Boots Bank Reconciliation Statement September 30, 2019 |
|||||
Balance as per bank | $ 52,345 | Balance per books | $ 34,400 | ||
Add: Deposits in Transit | |||||
9/25 | 5,413 | ||||
9/30 | 4,871 | 10,284 | |||
62,629 | |||||
Less: | Less: | ||||
Error in recording check 1009 | 270 | Check printing fee | 30 | ||
O/S ch. # 1010 | 10,780 | 30 | |||
O/S ch. # 1011 | 13,230 | ||||
O/s ch. # 1012 | 420 | ||||
O/S ch. # 1013 | 3,309 | ||||
O/S ch. # 1014 | 250 | 28,259 | |||
Adjusted balance as per bank | $34,370 | Adjusted balance as per books | $34,370 |
3. In the books of AHH Boots:
Date | Account Titles | Debit | Credit |
$ | $ | ||
September 30, 2019 | Bank Service Fee | 30 | |
Cash | 30 | ||
To record check printing charges of bank |
Part Four Instructions In this part of the practice set, the student will prepare a Bank...
Requirements Prepare the bank reconciliation for Wilderness Associates at October 31, 2018. a. Format appropriate cells with dollar signs, underlines, and double underlines. Use Excel formulas to calculate subtotals and totals. b. Enter all amounts as positive values. Do not use a minus sign or parentheses for any values to be subtracted. 2 Journalize the entries based on the bank reconciliation a. For dollar amounts, use cell references on bank reconciliation b. Enter all amounts as positive values. Do not...
i need help with practice set part B. Practice Set: Bob Morales owns a company called Road Rash Motorcycle Repair Shop. You have been hired by Bob as his bookkeeper. After talking to Bob, you prepare his chart of accounts: Road Rash Motorcycle Repair Shop Chart of Accounts Account Account Name 101 Cash 102 Accounts Receivable 103 Supplies 201 Accounts Payable 301 B. Morales, Capital 302 B. Morales, Drawing 401 Service Revenue 501 Rent Expense 502 Supplies Expense 503 Advertising...
Forms Practice Set Instructions: 1. Prepare journal entries to record external transactions 2. Post journal entries to general ledger T accounts. 3. Prepare journal entries to record adjusting entries 4 Post the adjusting entries to the general ledger T accounts (include a balance on each account) 5. Prepare an adjusted trial balance. 6. Prepare, using good form, an income statement, a statement of stockholders' equity, and a classified balance sheet. 7. Prepare closing journal entries. 8. Post the closing entries...
The September 30 bank statement for Bennett Company and the September ledger accounts for cash are summarized here: Deposits $26,700 BANK STATEMENT Checks Balance, September 1 Deposits recorded during September Checks cleared during September $27,000 NSF checks-Betty Brown Bank service charges 53 Balance, September 30 Balance $ 6,650 33, 350 6,350 6,240 6,187 6,187 110 Sept. 1 Balance Sept. Deposits Cash (A) 6,650 Sept. Checks written 29,050 29,650 No outstanding checks and no deposits in transit were carried over from...
The bank portion of the bank reconciliation for Blossom Company at October 31, 2022, is shown below. The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits. The cash records per books for November showed the following. The bank statement contained two bank memoranda: 1. A credit of $2,342.00 for the collection from a customer for Blossom Company of an electronic funds transfer. 2. A debit for the printing...
P7.5A (LO 3) The bank portion of the bank reconciliation for Bogalusa Company at October 31, 2020. is as follows. The adjusted cash balance per bank agreed with the cash balance per books at October 31. The Novem- ber bank statement showed the following checks and deposits. The cash records per books for November showed the following. The bank statement contained two bank memoranda: 1. A credit of S2,242 for the collection for Bogalusa Company of an electronic funds transfer. 2. A debit for the...
Problem 7-05A a-b (Video) The bank portion of the bank reconciliation for Bogalusa Company at October 31, 2020, is shown below. Bogalusa Company Bank Reconciliation October 31, 2020 Cash balance per bank Add: Deposits in transit $12,367.90 1,530.20 13,898.10 Less: Outstanding checks Check Number Check Amount 2451 2470 2471 2472 $ 1,260.40 684.20 844.50 426.80 1,050.00 2474 4,265.90 $9,632.20 Adjusted cash balance per bank The adjusted cash balance per bank agreed with the cash balance per books at October 31....
The following information is for Oriole Ltd. in July: 1. Cash balance per bank, July 31, $10,680, 2. Cash balance per books, July 31, $8,940. 3. Bank service charge, $30. 4. Deposits in transit, $1,985. 5. Electronic receipts from customers in payment of their accounts, $1,310, not previously recorded by the company 6. Outstanding cheques, $2,355. 7. Cheque #373 was correctly written in the amount of $890 but was incorrectly recorded by the company's bookkeeper as $980. The cheque was...
On March 31, Blue Spruce Corporation showed a cash balance on their books of $12,600. The bank statement from the company’s bank showed a month end balance of $16,791. On reviewing the bank statement, the following items were discovered: 1. A deposit made on March 29 for $3,850 did not appear on the bank statement. 2. Cheques written in the month of March but that did not appear on the bank statement were as follows: Cheque # 6341 $4,410 Cheque...
Instructions Closing Entries Post Closing Entries Instructions 1. Prepare closing entries dated June 30, 20. Do not enter in the posting references until you have completed part 2. If an amount box does not require an entry, leave it blank 2. Post the closing entries to the accounts following the top-down journal entry order. If there is more than one closing entry for an account, enter in the order given in the foumal. Then, complete the posting in part 1...