I need help with bank reconciliation where do you get balance per books? i know its from the ledger but what from the ledger>>
Homework Answers
|
BRAMBLE CORP. BANK RECONCILIATION 3/31/22 |
||
| Balance as per bank | 109180 | |
| Deposit in transit | 1450 | |
| Less:outstanding checks | ||
| 440 | 3400 | |
| 454 | 5890 | |
| 455 | 3750 | |
| 456 | 12000 | |
| 25040 | ||
| Adjusted balance per Bank | 85590 | |
| Balance per books | 85690 | |
| less:Bank service charge | 100 | |
| Adjusted balance per books | 85590 | |
(Deposit made on March 31 is in transit )= 1450
Balance per books = beginning balance+receipts -payments
= 23200+(16800+173000+1450)-(3750+12000+16010+97000)
= 23200 + 191250- 128760
= 85690
Add Answer to:
I need help with bank reconciliation where do you get balance
per books? i know its...
orange corporation uses the following items for its bank reconciliation for the month of April balance...
orange corporation uses the following items for its bank
reconciliation for the month of April balance per books april 30
$905
1. Orange Corporation uses the following items for its bank reconciliation for the month of April. Balance per books April 30 $ 905 Balance per bank statement April 30 $11,300 (1) Checks written in April but still outstanding $6,300. (2) Checks written in March but still outstanding $2,800. (3) Deposits of April 30 not yet recorded by bank $4,900....
Jones Company collected the following information to prepare its August bank reconciliation: Cash balance per books,...
Jones Company collected the following information to prepare its August bank reconciliation: Cash balance per books, August 31, $9.400. Deposits in transit, $1,100. Notes receivable with interest collected by bank, $2,500. Bank service charges, $50. Outstanding checks, $1,450. NSF check, $400. How much is the adjusted cash balance per books on August 312 $7,030 $11,450 $10,000 $11,100 $10,650
Need help! The following information pertains to Crane Company. 1. Cash balance per books, August 31,...
Need help!
The following information pertains to Crane Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding checks, August 31, $689. 4. August bank service charge not recorded by the depositor $41. 5. Deposits in transit, August 31, $2,760. In addition, $2,076 collected for Crane Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Crane Company. Prepare a bank reconciliation at...
need help with balance sheet at the bottom DEAVER CONSULTING Bank Reconciliation October 31, 2046 $...
need
help with balance sheet at the bottom
DEAVER CONSULTING Bank Reconciliation October 31, 2046 $ Cash balance according to bank statement Add: Deposit of October 31, not recorded by bank 31,095 4,120 35,215 $ $ Deduct: Outstanding checks Bank error in charging check as $230 instead of $320 Adjusted balance 10,125 90 (10,215) ( 25,000 $ $ Cash balance according to company's records Add: Proceeds of note collected by bank, including interest 15,750 10,400 26,150 $ $ Deduct: Company...
calcio corners bank reconciliation Question 1. (Total Marks 15). Racer International Unadjusted Trial Balance is given...
calcio corners bank reconciliation
Question 1. (Total Marks 15). Racer International Unadjusted Trial Balance is given below: Trial Balance as at 31 March 2015 Debit-s Credit- Cash 4300 Accounts Receivable 15100 Prepaid Rent 2300 Supplies 1000 Equipment 30600 Accumulated Depreciation 3900 Accounts Payable 6400 Salary Payable Uneared Service Revenue 9800 Racer, Beginning Capital 23000 Racer Drawings 4100 Service Revenue 17300 Salary Expense 3000 Rent Expense Depreciation Expense Supplies Expense Total 60400 60400 Adjusting data as at 31 March 2015: 1....
i got wrong these.. The Moto Hotel opened for business on May 1, 2017. Here is...
i got wrong these..
The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31. MOTO HOTEL Trial Balance May 31, 2017 Debit Credit Cash Supplies Prepaid Insurance $ 2233 2600 1800 14733 67600 Land Buildings Equipment 16800 Accounts Payable $ 4433 Unearned Rent Revenue 3300 Mortgage Payable 33600 Common Stock 59733 Rent Revenue 9000 Salaries and Wages Expense 3000 Utilities Expense 800 Advertising Expense 500 $110066 $110066 Other data: 1....
Need help with balance sheet Adjusted Trial Balance December 31, 2018 $ Account Title Cash Accounts...
Need help with balance sheet
Adjusted Trial Balance December 31, 2018 $ Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation—Truck Supplies Expense Salaries Payable Unearned Revenue Mass, Capital Mass, Withdrawals Service Revenue Salaries Expense Depreciation Expense Truck Insurance Expense Fuel Expense Rent Expense Balance Debit Credit 26,550 2,550 350 450 17,000 $ 300 700 700 32,000 2,400 19,250 1,400 150 150 200 1,300 e Egonn e Egonn Prepare Mass Delivery Service's classified balance sheet on December...
C. Bank Reconciliation On July 31, 2020, Keeds Company had a cash balance per books of...
C. Bank Reconciliation On July 31, 2020, Keeds Company had a cash balance per books of $6,140. The statement from Dakota State Bank on that date showed a balance of $7,690.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank service charge for July was $25. 2. The bank collected $1,520 for Keeds Company through electronic funds transfer. 3. The July 31 receipts of $1,193.30 were not included in the bank deposits for July. These receipts were...
Marta Company gathered the following information in preparing its August bank reconciliation: Cash balance per books,...
Marta Company gathered the following information in preparing its August bank reconciliation: Cash balance per books, 8/31 (unadjusted) $87,000 Deposits in transit 300 Notes receivable and interest collected by bank 1,700 Bank charge for check printing 40 Outstanding checks 4,000 NSF check 340 The adjusted cash balance per books on August 31 is: O$84,620 O $88,020 o $88,320 O $84,920
Please do requirement 2,3,4,5 The unadjusted trial balance as of December 31, 2018, for the Bagley...
Please do requirement 2,3,4,5
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below. December 31 is the company's fiscal year-end. Debits Credits Account Title Cash 10,200 9,500 3,800 245,000 75,000 Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Deferred re: 30,000 111,000 44,400 30,950 revenue 280,000 49,650 91,000 Common stock Retained earnings Sales revenue Interest revenue 5,400 Rent revenue 6,900 Salaries and...
orange corporation uses the following items for its bank
reconciliation for the month of April balance per books april 30
$905
1. Orange Corporation uses the following items for its bank reconciliation for the month of April. Balance per books April 30 $ 905 Balance per bank statement April 30 $11,300 (1) Checks written in April but still outstanding $6,300. (2) Checks written in March but still outstanding $2,800. (3) Deposits of April 30 not yet recorded by bank $4,900....
Jones Company collected the following information to prepare its August bank reconciliation: Cash balance per books, August 31, $9.400. Deposits in transit, $1,100. Notes receivable with interest collected by bank, $2,500. Bank service charges, $50. Outstanding checks, $1,450. NSF check, $400. How much is the adjusted cash balance per books on August 312 $7,030 $11,450 $10,000 $11,100 $10,650
Need help!
The following information pertains to Crane Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding checks, August 31, $689. 4. August bank service charge not recorded by the depositor $41. 5. Deposits in transit, August 31, $2,760. In addition, $2,076 collected for Crane Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Crane Company. Prepare a bank reconciliation at...
need
help with balance sheet at the bottom
DEAVER CONSULTING Bank Reconciliation October 31, 2046 $ Cash balance according to bank statement Add: Deposit of October 31, not recorded by bank 31,095 4,120 35,215 $ $ Deduct: Outstanding checks Bank error in charging check as $230 instead of $320 Adjusted balance 10,125 90 (10,215) ( 25,000 $ $ Cash balance according to company's records Add: Proceeds of note collected by bank, including interest 15,750 10,400 26,150 $ $ Deduct: Company...
calcio corners bank reconciliation
Question 1. (Total Marks 15). Racer International Unadjusted Trial Balance is given below: Trial Balance as at 31 March 2015 Debit-s Credit- Cash 4300 Accounts Receivable 15100 Prepaid Rent 2300 Supplies 1000 Equipment 30600 Accumulated Depreciation 3900 Accounts Payable 6400 Salary Payable Uneared Service Revenue 9800 Racer, Beginning Capital 23000 Racer Drawings 4100 Service Revenue 17300 Salary Expense 3000 Rent Expense Depreciation Expense Supplies Expense Total 60400 60400 Adjusting data as at 31 March 2015: 1....
i got wrong these..
The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31. MOTO HOTEL Trial Balance May 31, 2017 Debit Credit Cash Supplies Prepaid Insurance $ 2233 2600 1800 14733 67600 Land Buildings Equipment 16800 Accounts Payable $ 4433 Unearned Rent Revenue 3300 Mortgage Payable 33600 Common Stock 59733 Rent Revenue 9000 Salaries and Wages Expense 3000 Utilities Expense 800 Advertising Expense 500 $110066 $110066 Other data: 1....
Need help with balance sheet
Adjusted Trial Balance December 31, 2018 $ Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation—Truck Supplies Expense Salaries Payable Unearned Revenue Mass, Capital Mass, Withdrawals Service Revenue Salaries Expense Depreciation Expense Truck Insurance Expense Fuel Expense Rent Expense Balance Debit Credit 26,550 2,550 350 450 17,000 $ 300 700 700 32,000 2,400 19,250 1,400 150 150 200 1,300 e Egonn e Egonn Prepare Mass Delivery Service's classified balance sheet on December...
Marta Company gathered the following information in preparing its August bank reconciliation: Cash balance per books, 8/31 (unadjusted) $87,000 Deposits in transit 300 Notes receivable and interest collected by bank 1,700 Bank charge for check printing 40 Outstanding checks 4,000 NSF check 340 The adjusted cash balance per books on August 31 is: O$84,620 O $88,020 o $88,320 O $84,920
Please do requirement 2,3,4,5
The unadjusted trial balance as of December 31, 2018, for the Bagley Consulting Company appears below. December 31 is the company's fiscal year-end. Debits Credits Account Title Cash 10,200 9,500 3,800 245,000 75,000 Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Deferred re: 30,000 111,000 44,400 30,950 revenue 280,000 49,650 91,000 Common stock Retained earnings Sales revenue Interest revenue 5,400 Rent revenue 6,900 Salaries and...
Most questions answered within 3 hours.
-
The EPA wants to test a randomly selected sample of n
n
water specimens and estimate...
asked 3 minutes ago -
A researcher performs a hypothesis test to test the claim that
for a particular manufacturer, the...
asked 5 minutes ago -
Prepare the adjusting entries, and post to the T-accounts.
a.
Office Supplies used during the month,...
asked 7 minutes ago -
G. Li, B. C. Ooi, J.
Feng, J. Wang, and L. Zhou. EASE: an effective 3-in-1...
asked 7 minutes ago -
The comparisons of Scholastic Aptitude Test (SAT) scores based
on the highest level of education attained...
asked 13 minutes ago -
A long solenoid has a diameter of 9.97 cm. When a current i
exists in its...
asked 21 minutes ago -
1. A motorcycle rider travels along a straight line with
constant velocity. He then throws a...
asked 38 minutes ago -
You are stopped at a red light at a freeway on-ramp. When the
light turns green,...
asked 36 minutes ago -
The freezing point of water H2O is 0.00°C at 1 atmosphere. How
many grams of manganese(II)...
asked 38 minutes ago -
explain the motives and methods for intrusion of the MS and Linux
operating systems
asked 38 minutes ago -
Are our social identities a) chosen for us or b) open to
negotiation? Pick a position...
asked 47 minutes ago -
A charge of -6 micro-coulombs is placed at the origin, a charge
of +7 micro-coulombs is...
asked 52 minutes ago