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Branch Company | |||||
Bank reconciliation statement | Amount $ | Amount $ | |||
Balance as per books | 25,764.00 | Balance as per bank | 27,272.00 | ||
Add: | Add: | ||||
d. Collection not recorded | 9,500.00 | g. Deposit not recorded | 10,532.00 | ||
Less: | Less: | ||||
c. Cheque recorded erroneously (1290-1280) | 10.00 | b. Cheque outstanding | 3,469.00 | ||
e. Not Sufficient Fund Cheque | 805.00 | Cheque 3031 | 1,170.00 | ||
f. Service charges not recorded | 14.00 | Cheque 3065 | 361.00 | ||
Cheque 3096 | 1,938.00 | ||||
Adjusted book balance | 34,435.00 | Adjusted bank balance | 34,335.00 |
Adjusting Entries | |||
Event | Account | Debit $ | Credit $ |
c. | Rent Expense | 10.00 | |
Cash | 10.00 | ||
d. | Cash | 6,000.00 | |
Note receivable | 6,000.00 | ||
e. | Accounts receivable | 795.00 | |
Cash | 795.00 | ||
f. | Bank Charges | 9.00 | |
Cash | 9.00 |
0 Required information [The following information applies to the questions displayed below.) The following information is...
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 Problem 8-4A Preparing a bank reconciliation and recording adjustments LO P3 [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 $24,754 debit balance, but its July bank statement shows a $27,425 cash balance. b. Check No. 3031 for $1,660 and Check No. 3040 for...
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 $24,906 debit balance, but its July bank statement shows a $27,589 cash balance. Check No. 3031 for $1,640, Check No. 3065 for $596, and Check No. 3069 for $2,408 are outstanding checks as of July 31....
Required information Problem 6-4A Preparing a bank reconciliation and recording adjustments LO P3 [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 $25,176 debit balance, but its July bank statement shows a $28,240 cash balance. b. Check No. 3031 for $1,790, Check No. 3065 for $671, and...
Required information Problem 8-4A Preparing a bank reconciliation and recording adjustments LO P3 [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. On July 31, the company’s Cash account has a $25,644 debit balance, but its July bank statement shows a $28,407 cash balance. Check No. 3031 for $1,690 and Check No. 3040 for $837...
Required information Problem 6-4A Preparing a bank reconciliation and recording adjustments LO P3 (The following information applies to the questions displayed below. points The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. eBook References a. On July 31, the company's Cash account has a $25,638 debit balance, but its July bank statement shows a $27.896 cash balance b. Check No. 3031 for $1.470. Check No. 3065...
Required information [The following information applies to the questions displayed below.) Del Gato Clinic's cash account shows a $12,724 debit balance and its bank statement shows $12,544 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,216. b. The June 30 bank statement lists a $40 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $689 in payment of a utility bill on June...
Required information [The following information applies to the questions displayed below.) Del Gato Clinic's cash account shows a $14,986 debit balance and its bank statement shows $14,029 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,671. b. The June 30 bank statement lists a $25 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $689 in payment of a utility bill on June...
PLEASE ANSWER ACCORDING TO THE RESPECTIVE TABLES; {THE BLUE HIGHLIGHT AREAS AROUND EACH UNIT} Thanks!! 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 $24,980 debit balance, but its July bank statement shows a $26,313 cash balance. b. Check No. 3031 for $1,100, Check No....
Required information (The following information applies to the questions displayed below.) Del Gato Clinic's cash account shows a $13,800 debit balance and its bank statement shows $13,560 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,742. b. The June 30 bank statement lists a $35 bank service charge. C. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payment of a utility bill on June...