Homework Answers
Salem Auto Service
Bank Reconciliation
January 31,2018
| Bank | Books | ||
| Balance January 31 | 3828 | Balance January 31 | 2535 |
| Add: | Add: | ||
| Deposit in transit | 260 | Bank collection | 610 |
| Interest | 13 | ||
| 4088 | 3158 | ||
| Less: | Less: | ||
| Outstanding Check | -950 | Service charge | -20 |
| Adjusted Bank Balance | 3138 | Adjusted Book balance | 3138 |
Add Answer to:
The T-account for Cash and the bank statement of Salem Auto Services for the month of...
1 of 4 (0 complete) HW Score: 0%, 0 of 8 pts Score: 0 of 2...
1 of 4 (0 complete) HW Score: 0%, 0 of 8 pts Score: 0 of 2 pts S7-3 (similar to) Question Help O The T-account for Cash and the bank statement of Hampton Food Services for the month of March 2018 follows: (Click the icon to view the T-account.) (Click the icon to view the bank statement.) Prepare Hampton Food Services' bank reconciliation at March 31. i Data Table Bank Statement: Bal, Mar 1 2,957) Deposits: Hampton Food Services Bank...
Superior Printing, Inc. has provided you with its bank statement and Cash T-Account for the month...
Superior Printing, Inc. has provided you with its bank statement and Cash T-Account for the month of June. The Controller has asked you to prepare the Bank Reconciliation for the month of June. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. • Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "=B11" was entered, the...
fill out excel at the bottom The June bank statement and the cash T-account for Superior...
fill out excel at the bottom
The June bank statement and the cash T-account for Superior Printing, Inc., is A The June bank statement and the cash T-account for Superior Printing, Inc., is shown below. BANK STATEMENT Deposits Other Checks Date June 1 10,000 440 1,200 500 1,200 250 80 9,800 350 4,600 700 920 NSF 840 Balance 18,500 18,060 16,860 16,360 15,160 24,910 23,990 49,190 48,840 44,240 60,540 59,570 59,000 35,000 17,000 600 Serv. Charge Interest Earned Cash June...
Using the following information: The bank statement balance is $5,550. The cash account balance is $5,720....
Using the following information: The bank statement balance is $5,550. The cash account balance is $5,720. Outstanding checks amounted to $875. Deposits in transit are $1,002. The bank service charge is $34. A check for $43 for supplies was recorded as $34 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement$ Adjustments: Deposits in transit not recorded by bank $ Outstanding checks Total adjustments...
Wright Company's cash account shows a $28,500 debit balance and its bank statement shows $26,800 on...
Wright Company's cash account shows a $28,500 debit balance and its bank statement shows $26,800 on deposit at the close of business on May 31. a. The May 31 bank statement lists $150 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,100. c. May 31 cash receipts of $6,700 were placed in the bank's night depository after banking hours and were not recorded on the...
Wright Company's cash account shows a $28,700 debit balance and its bank statement shows $27,000 on...
Wright Company's cash account shows a $28,700 debit balance and its bank statement shows $27,000 on deposit at the close of business on May 31. a. The May 31 bank statement lists $160 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,200. c. May 31 cash receipts of $6,800 were placed in the bank's night depository after banking hours and were not recorded on the...
Using the following information: The bank statement balance is $4,045. The cash account balance is $4,474....
Using the following information: The bank statement balance is $4,045. The cash account balance is $4,474. Outstanding checks amounted to $769. Deposits in transit are $1,121. The bank service charge is $68. A check for $34 for supplies was recorded as $25 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement $ Adjustments: $ Total adjustments Adjusted balance $ Cash balance according to company's...
Wright Company's cash account shows a $29,100 debit balance and its bank statement shows $27,400 on...
Wright Company's cash account shows a $29,100 debit balance and its bank statement shows $27,400 on deposit at the close of business on May 31 a. The May 31 bank statement lists $180 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,400. c. May 31 cash receipts of $7,000 were placed in the bank's night depository after banking hours and were not recorded on the...
The Cash account of Reese Corporation had a balance of $3,540 at October 31, 2018. Included...
The Cash account of Reese Corporation had a balance of $3,540 at October 31, 2018. Included were outstanding checks totaling 1,800 and an October 31 deposit of $300 that did not appear on the bank statement The bank statement, which came from Tumstone State Bank, listed an October 31 balance of $5,570. Included in the bank balance was an October 30 collection of $600 on account from a customer who pays the bank directly. The bank statement also showed a...
Additional data Beverly deposits all cash receipts in the bank and makes all payment The Cash...
Additional data Beverly deposits all cash receipts in the bank and makes all payment The Cash account of Beverly Associates at February 28, 2019. foliows: Click the icon to view the Cash account) Beverly Associates received the following bank statement on February 28, 2019 Click the icon to view the February bank statement) Read the requirements Requirement 1. Prepare the bank reconciliation of Beverly Associates February 28, 2019 Prepare the bank portion of the reconciliation, followed by the book portion...
1 of 4 (0 complete) HW Score: 0%, 0 of 8 pts Score: 0 of 2 pts S7-3 (similar to) Question Help O The T-account for Cash and the bank statement of Hampton Food Services for the month of March 2018 follows: (Click the icon to view the T-account.) (Click the icon to view the bank statement.) Prepare Hampton Food Services' bank reconciliation at March 31. i Data Table Bank Statement: Bal, Mar 1 2,957) Deposits: Hampton Food Services Bank...
Superior Printing, Inc. has provided you with its bank statement and Cash T-Account for the month of June. The Controller has asked you to prepare the Bank Reconciliation for the month of June. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. • Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "=B11" was entered, the...
fill out excel at the bottom
The June bank statement and the cash T-account for Superior Printing, Inc., is A The June bank statement and the cash T-account for Superior Printing, Inc., is shown below. BANK STATEMENT Deposits Other Checks Date June 1 10,000 440 1,200 500 1,200 250 80 9,800 350 4,600 700 920 NSF 840 Balance 18,500 18,060 16,860 16,360 15,160 24,910 23,990 49,190 48,840 44,240 60,540 59,570 59,000 35,000 17,000 600 Serv. Charge Interest Earned Cash June...
Wright Company's cash account shows a $28,500 debit balance and its bank statement shows $26,800 on deposit at the close of business on May 31. a. The May 31 bank statement lists $150 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,100. c. May 31 cash receipts of $6,700 were placed in the bank's night depository after banking hours and were not recorded on the...
Wright Company's cash account shows a $28,700 debit balance and its bank statement shows $27,000 on deposit at the close of business on May 31. a. The May 31 bank statement lists $160 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,200. c. May 31 cash receipts of $6,800 were placed in the bank's night depository after banking hours and were not recorded on the...
Wright Company's cash account shows a $29,100 debit balance and its bank statement shows $27,400 on deposit at the close of business on May 31 a. The May 31 bank statement lists $180 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,400. c. May 31 cash receipts of $7,000 were placed in the bank's night depository after banking hours and were not recorded on the...
The Cash account of Reese Corporation had a balance of $3,540 at October 31, 2018. Included were outstanding checks totaling 1,800 and an October 31 deposit of $300 that did not appear on the bank statement The bank statement, which came from Tumstone State Bank, listed an October 31 balance of $5,570. Included in the bank balance was an October 30 collection of $600 on account from a customer who pays the bank directly. The bank statement also showed a...
Additional data Beverly deposits all cash receipts in the bank and makes all payment The Cash account of Beverly Associates at February 28, 2019. foliows: Click the icon to view the Cash account) Beverly Associates received the following bank statement on February 28, 2019 Click the icon to view the February bank statement) Read the requirements Requirement 1. Prepare the bank reconciliation of Beverly Associates February 28, 2019 Prepare the bank portion of the reconciliation, followed by the book portion...
Most questions answered within 3 hours.
-
Let X be a continuous random variable whose PDF is Let X be a
continuous random...
asked 14 minutes ago -
Martinez Company’s relevant range of production is 7,500 units
to 12,500 units. When it produces and...
asked 12 minutes ago -
A football with a mass of 1.2 kg is kicked from ground level to
a height...
asked 17 minutes ago -
Remember: Changes in supply determinants shift supply, and
changes in demand determinants shift demand. We say...
asked 16 minutes ago -
Why is the answer b), for this question? I came up with C) for
my incorrect...
asked 22 minutes ago -
Suppose that you know that in the population of full-time
employees in the United States, the...
asked 44 minutes ago -
This experiment was designed originally to sample various meat and carcass quality
aspects of Ontario pigs...
asked 44 minutes ago -
Dopamine Hydrochloride: draw the structure And Show the
functional groups in different colors and label the...
asked 37 minutes ago -
A rope supports a 10 kg dumbbell hanging from it. What is the
tension in the...
asked 36 minutes ago -
) Raw materials are studied for contamination. Suppose that
the number of particles of contamination per...
asked 59 minutes ago -
After running a regression analysis we calculated an F test and
the significance level was 0.15....
asked 54 minutes ago -
----Can someone please help me solve this one using JAVA
----I thank you in advance
Create...
asked 59 minutes ago