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Saved The April 30 bank statement for Trimble Corporation shows an ending balance of $40,464. The...
The April 30 bank statement for Trimble Corporation shows an ending balance of $35,192. The unadjusted...
The April 30 bank statement for Trimble Corporation shows an ending balance of $35,192. The unadjusted cash account balance was $29,150. The accountant for Trimble gathered the following information: There was a deposit in transit for $4,406. The bank statement reports a service charge of $59. A credit memo included in the bank statement shows interest earned of $215. Outstanding checks totaled $11,362. The bank statement included a $1,070 NSF check deposited in April. What is the true cash balance...
Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the...
Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the month of August 2018: As of August 31, the bank statement shows a balance of $12,415. The August 31 unadjusted balance in the Cash account of Hall's Cards is $8,074. A review of the bank statement revealed the following information: 1. A deposit of $1,250 on August 31, 2018, does not appear on the August bank statement. 2. It was discovered that a check...
The ending bank statement balance at November 30 is $7,110. The bank statement shows a service charge of $75, electr...
The ending bank statement balance at November 30 is $7,110. The bank statement shows a service charge of $75, electronic funds receipts of $600 and a NSF check for $150. Deposits in transit total $2,050 and outstanding checks are $1,835. The balance per books at November 30 is $6,950. What is the adjusted book balance at November 30? O A. $7,165 O B. $7,325 O C. $7,485 O D. $8,935
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. • The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30...
Saved 4 As of June 30, Year 2, the bank statement showed an ending balance of...
Saved 4 As of June 30, Year 2, the bank statement showed an ending balance of $19.500. The unadjusted Cash account balance was $15,200 The following information is available: 1. Deposit in transit $2,400 2. Credit memo in bank statement for interest earned in June. $30 3. Outstanding check $6,690 4. Debit memo for service charge, $20 eBook Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 2 using the preceding information(Negative amounts...
Beckett Co. received its bank statement for the month ending June 30, 2019, and reconciled the...
Beckett Co. received its bank statement for the month ending June 30, 2019, and reconciled the statement balance to the June 30, 2019, balance in the Cash account. The reconciled balance was determined to be $6,462. The reconciliation recognized the following items: Deposits in transit were $3,326. Outstanding checks totaled $2,634. Bank service charges shown as a deduction on the bank statement were $59. An NSF check from a customer for $618 was included with the bank statement. Beckett Co....
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the...
Exercise 4-44 (Algorithmic) Bank Reconciliation Johnson Corporation's bank statement for October reports an ending balance of...
Exercise 4-44 (Algorithmic) Bank Reconciliation Johnson Corporation's bank statement for October reports an ending balance of $21,676, whereas Johnson's cash account shows a balance of $21,220 on October 31. The following additional information is available: A $755 deposit made on October 31 was not recorded by the bank until November. At the end of October, outstanding checks total $1,222. The bank statement shows bank service charges of $125 not yet recorded by the company. The company erroneously recorded as $973...
Need help in bank reconciliation and general journal. McDermott Company's bank statement for September 30 showed...
Need help in bank reconciliation and general journal.
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,420. The company's Cash account in its general ledger showed a $1,070 debit balance. The following information was also available as of September 30. • The bank deducted $150 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,300, were placed in the bank's night depository after banking hours on that...
Saved Help Sa As of June 30, Year 1, the bank statement showed an ending balance...
Saved Help Sa As of June 30, Year 1, the bank statement showed an ending balance of $18,592. The unadjusted Cash account balance was $17,443. The following information is available: 1. Deposit in transit, $2,270 2. Credit memo in bank statement for interest earned in June, $22. 3. Outstanding check, $3,406. 4. Debit memo for service charge, $9. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information. (Negative...
Rick Hall owns a card shop, Hall's Cards. The following cash information is available for the month of August 2018: As of August 31, the bank statement shows a balance of $12,415. The August 31 unadjusted balance in the Cash account of Hall's Cards is $8,074. A review of the bank statement revealed the following information: 1. A deposit of $1,250 on August 31, 2018, does not appear on the August bank statement. 2. It was discovered that a check...
The ending bank statement balance at November 30 is $7,110. The bank statement shows a service charge of $75, electronic funds receipts of $600 and a NSF check for $150. Deposits in transit total $2,050 and outstanding checks are $1,835. The balance per books at November 30 is $6,950. What is the adjusted book balance at November 30? O A. $7,165 O B. $7,325 O C. $7,485 O D. $8,935
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. • The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30...
Saved 4 As of June 30, Year 2, the bank statement showed an ending balance of $19.500. The unadjusted Cash account balance was $15,200 The following information is available: 1. Deposit in transit $2,400 2. Credit memo in bank statement for interest earned in June. $30 3. Outstanding check $6,690 4. Debit memo for service charge, $20 eBook Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 2 using the preceding information(Negative amounts...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the...
Need help in bank reconciliation and general journal.
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,420. The company's Cash account in its general ledger showed a $1,070 debit balance. The following information was also available as of September 30. • The bank deducted $150 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,300, were placed in the bank's night depository after banking hours on that...
Saved Help Sa As of June 30, Year 1, the bank statement showed an ending balance of $18,592. The unadjusted Cash account balance was $17,443. The following information is available: 1. Deposit in transit, $2,270 2. Credit memo in bank statement for interest earned in June, $22. 3. Outstanding check, $3,406. 4. Debit memo for service charge, $9. Required Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information. (Negative...
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