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PART (15 POINTS) Use the following information to prepare a bank reconciliation for McGoo Company at...
Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at june...
Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at june 30 $9,172.54 Balance per Cash account, June 30. Balance per bank statement,June 30. Deposits not reflected on bank statement Outstanding checks, June 30. Service charge on bank statement not recorded in books Error by bank-Yertel Company check charged on oung Company's bank statement Check for advertising expense incorrectly recorded in books as 14.3 715 YOUNG COMPANY Bank Reconciliation June 30 0Balance from general ledger...
E7-3A. Bank Reconciliation Use the following information to prepare a bank reconciliation for Fast Company at June 30:
E7-3A. Bank Reconciliation Use the following information to prepare a bank reconciliation for Fast Company at June 30: 1. Balance per Cash account, June 30, $7,015.40. 2. Balance per bank statement, June 30, $7,235.85. 3. Deposits not reflected on bank statement, $975. 4. Outstanding checks, June 30, S1,260.45. 5. Service charge on bank statement not recorded in books, $50. 6. Error by bank-Yertel Company check charged on Fast Company's bank statement, $375. 7. Check for advertising expense, $260, incorrectly recorded in books as $620.
Shown below is the bank reconciliation for Marvelous Company for May 2019: Balance per bank, May...
Shown below is the bank reconciliation for Marvelous Company for May 2019: Balance per bank, May 31, 2019 P75,000 Add: Deposits in transit 12,000 Total 87,000 Less: Outstanding checks P14,000 Bank credit recorded in error 5,000 19,000 Cash balance per books, 5/31/19 P68,000 The bank statement for June 2019 contains the following data: Total deposits P55,000 Total charges, including an NSF check of P4,000 and a service charge of P200 48,000 All outstanding checks on May 31, 2019, including the...
Using the following information, prepare a bank reconciliation for Young Co. for August 31, 2019, and...
Using the following information, prepare a bank reconciliation for Young Co. for August 31, 2019, and prepare the journal entries: (a) The bank statement balance is $4,095 (b) The cash account balance is $4,205. (c) Outstanding checks amounted to $517. (d) Deposits in transit are $655. (e) The bank service charge is $45. (f) A check for $84 for supplies was recorded as $48 in the ledger. (g) NSF check for $649.00 (h) EFT collected $715.00 (i) Bank error processed...
Using the following information, prepare a bank reconciliation for Young Co. for August 31, 2019, and...
Using the following information, prepare a bank reconciliation for Young Co. for August 31, 2019, and prepare the journal entries: (a) The bank statement balance is $4,095 (b) The cash account balance is $4,205. (c) Outstanding checks amounted to $517. (d) Deposits in transit are $655. (e) The bank service charge is $45. (f) A check for $84 for supplies was recorded as $48 in the ledger. (g) NSF check for $649.00 (h) EFT collected $715.00 (i) Bank error processed...
bank reconciliation the following dada were accumulated for use in reconciliation gonna in the bank account...
bank reconciliation the following dada were accumulated for
use in reconciliation gonna in the bank account of Creative Design
Co. for August 20Y6
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $42,920. 2. Cash balance according to the bank statement at August 31, $56,300. 3. Checks outstanding, $25,390. 4. Deposit in transit not recorded by bank,...
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....
Question 5 Partially correct Mark 7.06 out of 10.00 P Flag question Bank Reconciliation Use the...
Question 5 Partially correct Mark 7.06 out of 10.00 P Flag question Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30: 59.172.54 9.490.33 942.50 1,638.59 1 Balance per Cash account, June 30. 2 Balance per bank statement, June 30 3 Deposits not reflected on bank statement 4 Outstanding checks, June 30. 5 Service charge on bank statement not recorded in books 6 Error by bank-Yertel Company check charged on Young Company's bank...
Prepare a bank reconciliation at August 31. (List items that increase balance as per bank &...
Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) SAGE HILL INC. Bank Reconciliation Announcements CALCULATOR PRINTER VERSION Question 2 Sage Hill Inc.'s bank statement from Main Street Bank at August 31, 2017. gives the following information Balance, Augusti $18,635 Bank debit memorandum: August deposits 71,235 Safety deposit box fee $ 40 Checks deared in August 68,663 Service charge Bank credit memorandum: Balance, August 31 21,162 Interest earned A summary of...
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative...
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $20,870. 2. Cash balance according to the bank statement at August 31, $37,600. 3. Checks outstanding, $23,375 4. Deposit in transit not recorded by bank, $7,500 5. A check for $100 in payment of an account was erroneously recorded in the check register as $1,000. 6. Bank debit...
Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at june 30 $9,172.54 Balance per Cash account, June 30. Balance per bank statement,June 30. Deposits not reflected on bank statement Outstanding checks, June 30. Service charge on bank statement not recorded in books Error by bank-Yertel Company check charged on oung Company's bank statement Check for advertising expense incorrectly recorded in books as 14.3 715 YOUNG COMPANY Bank Reconciliation June 30 0Balance from general ledger...
Shown below is the bank reconciliation for Marvelous Company for May 2019: Balance per bank, May 31, 2019 P75,000 Add: Deposits in transit 12,000 Total 87,000 Less: Outstanding checks P14,000 Bank credit recorded in error 5,000 19,000 Cash balance per books, 5/31/19 P68,000 The bank statement for June 2019 contains the following data: Total deposits P55,000 Total charges, including an NSF check of P4,000 and a service charge of P200 48,000 All outstanding checks on May 31, 2019, including the...
bank reconciliation the following dada were accumulated for
use in reconciliation gonna in the bank account of Creative Design
Co. for August 20Y6
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $42,920. 2. Cash balance according to the bank statement at August 31, $56,300. 3. Checks outstanding, $25,390. 4. Deposit in transit not recorded by 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....
Question 5 Partially correct Mark 7.06 out of 10.00 P Flag question Bank Reconciliation Use the following information to prepare a bank reconciliation for Young Company at June 30: 59.172.54 9.490.33 942.50 1,638.59 1 Balance per Cash account, June 30. 2 Balance per bank statement, June 30 3 Deposits not reflected on bank statement 4 Outstanding checks, June 30. 5 Service charge on bank statement not recorded in books 6 Error by bank-Yertel Company check charged on Young Company's bank...
Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.) SAGE HILL INC. Bank Reconciliation Announcements CALCULATOR PRINTER VERSION Question 2 Sage Hill Inc.'s bank statement from Main Street Bank at August 31, 2017. gives the following information Balance, Augusti $18,635 Bank debit memorandum: August deposits 71,235 Safety deposit box fee $ 40 Checks deared in August 68,663 Service charge Bank credit memorandum: Balance, August 31 21,162 Interest earned A summary of...
Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31, $20,870. 2. Cash balance according to the bank statement at August 31, $37,600. 3. Checks outstanding, $23,375 4. Deposit in transit not recorded by bank, $7,500 5. A check for $100 in payment of an account was erroneously recorded in the check register as $1,000. 6. Bank debit...
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