Answer:
BRANCH COMPANY | |||||
Bank Reconciliation | |||||
31-Jul | |||||
Amount($) | Amount($) | ||||
Bank statement balance | 27,270 | Book balance | 25,359 | ||
Add: | Add: | ||||
Deposit of July 31 | 8,132 | Proceeds of notes | 7,000 | ||
8,132 | 7,000 | ||||
35,402 | 32,359 | ||||
Deduct: | Deduct: | ||||
Check No. 3031 | 1,330 | NSF check including fee | 805 | ||
Check No. 3065 | 441 | Service charge | 11 | ||
Check No. 3069 | 2,098 | Error (Check 3056) | 10 | ||
1270-1260 | |||||
3,869 | 826 | ||||
Adjusted bank balance | 31,533 | Adjusted book balance | 31,533 |
Required information [The following information applies to the questions displayed below.) The following information is available...
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.] 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 $25,630 debit balance, but its July bank statement shows a $28,044 cash balance. b. Check No. 3031 for $1,530, Check No. 3065 for $541, and Check No. 3069 for $2,298 are outstanding checks as of July...
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 $25,359 debit balance, but its July bank statement shows a $27,270 cash balance. b. Check No. 3031 for $1,330, Check No. 3065 for $441, and Check No. 3069 for $2,098 are outstanding checks as of July...
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 $25,027 debit balance, but its July bank statement shows a $27,114 cash balance. Check No. 3031 for $1,400, Check No. 3065 for $476, and Check No. 3069 for $2,168 are outstanding checks as of July 31....
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 $25,180 debit balance, but its July bank statement shows a $27,263 cash balance. Check No. 3031 for $1,400, Check No. 3065 for $476, and Check No. 3069 for $2,168 are outstanding checks as of July 31....
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, 2017 a. On July 31, the company's Cash account has a $25,640 debit balance, but its July bank statement shows a $28,631 cash balance. b. Check No. 3031 for $1,780 and Check No. 3040 for $882 were outstanding on the June 30 bank reconciliation. Check No....
Requirea 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 $25,754 debit balance, but its July bank statement shows a $27,595 cash balance. b. Check No. 3031 for $1,320 and Check No. 3040 for $652 were outstanding on the June 30 bank reconciliation. Check No. 3040...
Chapter 06 Homework Saved Required information [The following information applies to the questions displayed below.] Part 1 of 2 The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. points eBook Print a. On July 31, the company's Cash account has a $24,752 debit balance, but its July bank statement shows a $27,217 cash balance. b. Check No. 3031 for $1,580 and Check No. 3040 for $782...
Check 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 $27,497 debit balance, but its July bank statement shows a $27,233 cash balance. b. Check No. 3031 for $1,482, Check No. 3065 for $382, and Check No. 3069 for $2,281 are outstanding checks as of July 31. c. Check No. 3056 for July rent expense was...
Che 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 $27,497 debit balance, but its July bank statement shows a $27,233 cash balance. b. Check No. 3031 for $1,482, Check No. 3065 for $382, and Check No. 3069 for $2.281 are outstanding checks as of...