Homework Answers
Solution:
| Balance per bank statement | 12,100 | |
| Add: Moore Co. Check | 275 | |
| Deposit in transit | 2900 | 3175 |
| Deduct: Outstanding checks | ||
| #2346 | -438 | |
| #2348 | -231 | |
| #2355 | -107 | -776 |
| Adjusted cash balance | 14,499 | |
| Balance per company records | 15,295 | |
| Add: Error in recording check | 90 | |
| Deduct: NSF check returned | -832 | |
| Bank service charge | -54 | -886 |
| Adjusted cash balance | 14,499 |
Add Answer to:
bank reconciliation please
10.463,755x0,5% = 152218, HS 5. The following information for the month of March...
10,Slo.co - (258,coo n0.443,755x o,s% =0,443,755 5. The following information for the month of March is...
10,Slo.co - (258,coo n0.443,755x o,s% =0,443,755 5. The following information for the month of March is available from Butters Cookies, Inc.'s ccounting records: Balance per bank statement, March 31, 2014 $12,100 45,295 Cash balance per books, March 31, 2014- -3,600 Deposit made on February 28; recorded by bank on March 3 March 31, 2010, outstanding checks: 438 #2346 231 # 2348 H07 # 2355 54 Bank service charge for March (not recorded yet by Butters) 832 NSF check of customer...
bank reconciliation Bank Reconciliation The following information is available to assist you in preparing a bank...
bank reconciliation
Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Burgoon Enterprises on May 31: a. The balance on the May 31 bank statement is $8,432.11. b. Not included on the bank statement is a $1,250 deposit made by Burgoon Enterprises late on May 31. c. A comparison between the canceled checks returned with the bank statement and the company records indicated that the following checks are outstanding at May 31: No....
5. Prepare the following bank reconciliation Balance per bank statement, Oct. 31 Cash balance per general...
5. Prepare the following bank reconciliation Balance per bank statement, Oct. 31 Cash balance per general ledger (books) Deposit made on Oct 31, not found on bank statement Outstanding checks (total) Check error: written for $152 but recorded for $125 Bank Service Charge NSF check $10,410 $11,200 $1,865 $1,252 $50 $100 Bank Side: Book Side: 6. What is the transaction on the accounting equation to record $40 in bank service charges? Assets Liabilities Equity
bank reconcialiation invokersassignments takeAssignmentes Locator eBook m enta progresse Calculator Bank Reconciliation The following information is...
bank reconcialiation
invokersassignments takeAssignmentes Locator eBook m enta progresse Calculator Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Burgoon Enterprises on May 311 a. The balance on the May 31 bank statement is 58,432.11. b. Not included on the bank statement is a $1,250 deposit made by Burgoon Enterprises late on May 31. C. A comparison between the canceled checks returned with the bank statement and the company records indicated that checks...
Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for...
Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Karen's Catering on March 31: The balance on the March 31 bank statement is $6,506.10. Not included on the bank statement is a $423 deposit made by Karen's late on March 31. A comparison between the canceled checks listed on the bank statement and the company records indicated that the following checks are outstanding at March 31: No. 112 $42.92 No. 117 307.00 No....
Reebies Food Store developed the following information in month of March recording its bank state...
Reebies Food Store developed the following information in month of March recording its bank statement for $ 2,905 $10,900 Balance per books March 31 Balance per bank statement March 31 (1) Checks wniten in March but still outstanding $7,000 (2) Checks writtern in February but still outstanding $2.800 (3) Deposits of March 30 and 31 not yet recorded by bank $5,200 (4) NSF check of customer returned by bank $1,200. (5) Check No. 210 for $594 was correctly issued and...
1. What is the purpose of a Bank Reconciliation Statement? 2.Preparing a bank Reconciliation Statement: •The...
1. What is the purpose of a Bank Reconciliation Statement? 2.Preparing a bank Reconciliation Statement: •The July 31 bank statement for Parkview Company indicated a cash balance of $5,000.17. •The cash ledger account on that date shows a balance of $4,262.83. •Four outstanding checks totaled $717.75. •A $410.90 deposit made after banking hours on July 31 does not appear in the bank statement. •On July 30, the bank returned J.B. Ball’s NSF check for $50.25, received as payment of an...
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...
Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March...
Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash balance of $67,166. The general ledger Cash account, No. 101, shows an ending cash balance per books of $67,598 as of March 31 (prior to any reconciliation). A comparison of the bank statement with the general ledger Cash account, No. 101, reveals the following. The bank erroneously cleared a $460 check against the company account in March...
Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statemen...
Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash balance of $68,066. The general ledger Cash account. No. 101. shows an ending cash balance per books of $68,578 as of March 31 (prior to any reconciliation). A comparison of the bank statement with the general ledger Cash account, No. 101, reveals the following. a. The bank erroneously cleared a $520 check against the company account in...
10,Slo.co - (258,coo n0.443,755x o,s% =0,443,755 5. The following information for the month of March is available from Butters Cookies, Inc.'s ccounting records: Balance per bank statement, March 31, 2014 $12,100 45,295 Cash balance per books, March 31, 2014- -3,600 Deposit made on February 28; recorded by bank on March 3 March 31, 2010, outstanding checks: 438 #2346 231 # 2348 H07 # 2355 54 Bank service charge for March (not recorded yet by Butters) 832 NSF check of customer...
bank reconciliation
Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Burgoon Enterprises on May 31: a. The balance on the May 31 bank statement is $8,432.11. b. Not included on the bank statement is a $1,250 deposit made by Burgoon Enterprises late on May 31. c. A comparison between the canceled checks returned with the bank statement and the company records indicated that the following checks are outstanding at May 31: No....
5. Prepare the following bank reconciliation Balance per bank statement, Oct. 31 Cash balance per general ledger (books) Deposit made on Oct 31, not found on bank statement Outstanding checks (total) Check error: written for $152 but recorded for $125 Bank Service Charge NSF check $10,410 $11,200 $1,865 $1,252 $50 $100 Bank Side: Book Side: 6. What is the transaction on the accounting equation to record $40 in bank service charges? Assets Liabilities Equity
bank reconcialiation
invokersassignments takeAssignmentes Locator eBook m enta progresse Calculator Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Burgoon Enterprises on May 311 a. The balance on the May 31 bank statement is 58,432.11. b. Not included on the bank statement is a $1,250 deposit made by Burgoon Enterprises late on May 31. C. A comparison between the canceled checks returned with the bank statement and the company records indicated that checks...
Reebies Food Store developed the following information in month of March recording its bank statement for $ 2,905 $10,900 Balance per books March 31 Balance per bank statement March 31 (1) Checks wniten in March but still outstanding $7,000 (2) Checks writtern in February but still outstanding $2.800 (3) Deposits of March 30 and 31 not yet recorded by bank $5,200 (4) NSF check of customer returned by bank $1,200. (5) Check No. 210 for $594 was correctly issued and...
Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash balance of $68,066. The general ledger Cash account. No. 101. shows an ending cash balance per books of $68,578 as of March 31 (prior to any reconciliation). A comparison of the bank statement with the general ledger Cash account, No. 101, reveals the following. a. The bank erroneously cleared a $520 check against the company account in...
Most questions answered within 3 hours.
-
For each of the Z-scores below, determine two probabilities
(show four three decimal places): (1) the...
asked 20 minutes ago -
Oxidative phosphorylation is achieved through chemiosmotic
coupling, which turns chemical energy into osmotic potential energy
that...
asked 3 hours ago -
Hollywood Shoes would like to maintain their cash account at a
minimum level of $64,000, but...
asked 3 hours ago -
Proteins CtrA-P, DnaA, and GcrA behave similarly to what
molecule in the Eukaryotic Cell Cycle?
asked 3 hours ago -
TRUE OR FALSE
In case of a competitive tender procedure, in the request for
quotation, the...
asked 3 hours ago -
I am a little behind please provide some explanation, will
provide thumbs up.
This question considers...
asked 3 hours ago -
Let say the utility function as U(X,Y) = lnX + Y. Show that the
marginal rate...
asked 3 hours ago -
A current of I=8.0A is flowing in a typical extension cord of
length L=3.00m. The cord...
asked 3 hours ago -
1. When balancing the equation H2SO4 (aq) + NaOH (aq) →
Na2SO4(aq) + H2O(aq), would you...
asked 4 hours ago -
Provide a definition of “classification hierarchy” and
illustrate your definition with an example of how and...
asked 3 hours ago -
1. Describe the four main green solvents. Provide one example of
the use of each solvent....
asked 3 hours ago -
International ethics focus on:
1) exploitation of labor
2)corruption
3) environmental impact
4) none of the...
asked 3 hours ago