The following data were accumulated for use in reconciling the bank account of Zek's Co. for May 2016:
The following data were accumulated for use in reconciling the bank account of Zek's Co. for May 2016:
1. Cash balance according to the company's records at May 31, 2016, $18,257
2. Cash balance according to the bank statement at May 31, 2016, $27,261
3. Checks outstanding, $14,624
4. Deposit in transit, not recorded by bank, $6,131.
5. A check for $58 in payment of an account was erroneously recorded in the check register as $580.
6. Bank debit memo for service charges, $11
Journalize the entry or entries that should be made by the company. Refer to the Chart of Accounts for exact wording of account titles.
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The following data were accumulated for use in reconciling the bank account of Zek's Co. for May 2016:
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account...
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 2016: 1. Cash balance according to the company's records at August 31, $25,600. 2. Cash balance according to the bank statement at August 31, $27,040. 3. Checks outstanding, $5,200. 4. Deposit in transit not recorded by bank, $4,170. 5. A check for $270 in payment of an account was erroneously recorded in the check register as $720. 6....
The following data were accumulated for use in reconciling the bank account of Creative Design Co....
The following data were accumulated for use in reconciling the
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Cash balance according to the company's records at August 31,
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Cash balance according to the bank statement at August 31,
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Checks outstanding, $4,540.
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a. Prepare a...
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account...
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Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account...
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The following data were accumulated for use in reconciling the bank account of Creative Design Co....
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Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account...
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance according to the company’s records at August 31, $42,920. Cash balance according to the bank statement at August 31, $56,300. Checks outstanding, $25,390. Deposit in transit not recorded by bank, $13,325. A check for $150 in payment of an account was erroneously recorded in the check register as $1,500. Bank debit memo for service charges,...
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account...
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Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative...
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The following data were accumulated for use in reconciling the bank account of Mathers Co. for...
The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31 $26,400. 2. Cash balance according to the bank statement at July 31, $27,510. 3. Checks outstanding, $5,360. 4. Deposit in transit, not recorded by bank, $4,300. 5. A check for $340 in payment of an account was erroneously recorded in the check register as $430. 6. Bank debit memo for service charges,...
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers...
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31 $19,590. 2. Cash balance according to the bank statement at July 31, $20,420. 3. Checks outstanding, $3,980. 4. Deposit in transit, not recorded by bank, $3,190. 5. A check for $340 in payment of an account was erroneously recorded in the check register as $430. 6. Bank debit memo for...
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 2016: 1. Cash balance according to the company's records at August 31, $25,600. 2. Cash balance according to the bank statement at August 31, $27,040. 3. Checks outstanding, $5,200. 4. Deposit in transit not recorded by bank, $4,170. 5. A check for $270 in payment of an account was erroneously recorded in the check register as $720. 6....
The following data were accumulated for use in reconciling the
bank account of Creative Design Co. for August 20Y6:
Cash balance according to the company's records at August 31,
$22,350.
Cash balance according to the bank statement at August 31,
$23,570.
Checks outstanding, $4,540.
Deposit in transit, not recorded by bank, $3,640.
A check for $590 in payment of an account was erroneously
recorded in the check register as $950.
Bank debit memo for service charges, $40.
a. Prepare a...
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $42,920. 2. Cash balance according to the bank statement at August 31, $56,300. 3. Checks outstanding, $25,390. 4. Deposit in transit not recorded by bank, $13,325. 5. A check for $150 in payment of an account was erroneously recorded in the check register as $1,500. 6....
Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $15,440. 2. Cash balance according to the bank statement at August 31, $16,360. 3. Checks outstanding, $3,130. 4. Deposit in transit not recorded by bank, $2,520. 5. A check for $480 in payment of an account was erroneously recorded in the check register as $840. 6....
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $20,870. 2. Cash balance according to the bank statement at August 31, $37,600. 3. Checks outstanding, $23,375 4. Deposit in transit not recorded by bank, $7,500 5. A check for $100 in payment of an account was erroneously recorded in the check register as $1,000. 6. Bank debit...
The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31 $26,400. 2. Cash balance according to the bank statement at July 31, $27,510. 3. Checks outstanding, $5,360. 4. Deposit in transit, not recorded by bank, $4,300. 5. A check for $340 in payment of an account was erroneously recorded in the check register as $430. 6. Bank debit memo for service charges,...
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31 $19,590. 2. Cash balance according to the bank statement at July 31, $20,420. 3. Checks outstanding, $3,980. 4. Deposit in transit, not recorded by bank, $3,190. 5. A check for $340 in payment of an account was erroneously recorded in the check register as $430. 6. Bank debit memo for...
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