Homework Answers
Journal entries
| Date | Account titles and explination | Debit | Credit |
| July 31 | Cash | $1,316 | |
| Miscellaneous expenses | $28 | ||
| Notes receivable | $1,300 | ||
| Interest revenue | $44 | ||
| ( To record the collection of note) | |||
| July 31 | Miscellaneous expenses | $36 | |
| Cash | $36 | ||
| (To record the bank service charge) |
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The following information pertains to Bramble Video Company. 1. 2. 3. 4. 5. Cash balance per...
Exercise 8-11 a-b (Video) The following information pertains to Waterway Video Company. 1. Cash balance per...
Exercise 8-11 a-b (Video) The following information pertains to Waterway Video Company. 1. Cash balance per bank, July 31, $8,243. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,264. 4. Deposits in transit, July 31, $1,990. 5. Bank collected $1,390 note for Waterway in July, plus interest $44, less fee $28. The collection has not been recorded by Waterway, and no interest has been accrued. 6. Outstanding checks, July 31,...
The following information pertains to Bonita Video Company. 1. Cash balance per bank, July 31, $8,203....
The following information pertains to Bonita Video
Company.
1.
Cash balance per bank, July 31,
$8,203.
2.
July bank service charge not
recorded by the depositor $37.
3.
Cash balance per books, July 31,
$8,224.
4.
Deposits in transit, July 31,
$1,970.
5.
Bank collected $1,370 note for
Bonita in July, plus interest $45, less fee $29. The collection has
not been recorded by Bonita, and no interest has been accrued.
6.
Outstanding checks, July 31,
$600.
Prepare a bank...
Exercise 8-11 a-b (Part Level Submission) (Video) The following information pertains to Swifty Video Company 1....
Exercise 8-11 a-b (Part Level Submission) (Video) The following information pertains to Swifty Video Company 1. Cash balance per bank, July 31, $8,003. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,024. 4. Deposits in transit, July 31, $1,870. 5. Bank collected $1,270 note for Swifty in July, plus interest $44. less fee $28. The collection has not been recorded by Swifty, and no interest has been accrued. 6. Outstanding...
The following information pertains to Oriole Video Company. 1. 2. 3. 4. Cash balance per bank,...
The following information pertains to Oriole Video Company. 1. 2. 3. 4. Cash balance per bank, July 31, $7,783. July bank service charge not recorded by the depositor $34. Cash balance per books, July 31, $7,804. Deposits in transit, July 31, $1,760. Bank collected $1,160 note for Oriole in July, plus interest $42, less fee $26. The collection has not been recorded by Oriole, and no interest has been accrued. Outstanding checks, July 31, $597. 5. 6. (a) Prepare a...
The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $7,388. 2....
The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $7,388. 2. July bank service charge not recorded by the depositor $41. 3. Cash balance per books, July 31, $7,424. 4. Deposits in transit, July 31, $2,760. 5. $2,076 collected for Crane Company in July by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 6. Outstanding checks, July 31, $689. Date Account Titles and Explanation Debit Credit July 31...
The following information pertains to Crane Company 1. Cash balance per bank, July 31. $7.938. 2....
The following information pertains to Crane Company 1. Cash balance per bank, July 31. $7.938. 2. July bank service charge not recorded by the depositor $52. 3. Cash balance per books, July 31, $7.974. 4. Deposits in transit, July 31. $3,310. 5. $2.626 collected for Crane Company in July by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 6. Outstanding checks, July 31, $700. Prepare a bank reconciliation at July 31, 2017. (List...
Exerci *** (Part Level submiseln) (Video) The following information pertains to Vaughn Video Company Cash balance...
Exerci *** (Part Level submiseln) (Video) The following information pertains to Vaughn Video Company Cash balance per bank, July 11, $7,983 2. July bank bervice charge not recorded by the depositor $36 a Cash balance per books, July 31, #1,004 4. Deposits in transit, July 11, $1,000 Bank collected 1,260 note for Vaughn in July, plus interest $44, less fee $28. The collection has not been recorded by Vaughn, and no interest has been accrued 6. Outstanding checks, wly 31,...
Exercise 7-11 The following information pertains to Ivanhoe Company. 1. 2. 3. 4. 5. 6. Cash...
Exercise 7-11 The following information pertains to Ivanhoe Company. 1. 2. 3. 4. 5. 6. Cash balance per bank, July 31, $7,482. July bank service charge not recorded by the depositor $43. Cash balance per books, July 31, $7,568. Deposits in transit, July 31, $3,053. $1,720 collected for Ivanhoe Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Ivanhoe Company. Outstanding checks, July 31, $1,290. We were unable to transcribe...
Question 1 2.17/7 View Policies Show Attempt History Current Attempt in Progress The following information pertains...
Question 1 2.17/7 View Policies Show Attempt History Current Attempt in Progress The following information pertains to Waterway Video Company. 1. Cash balance per bank, July 31, $7,863. 2. July bank service charge not recorded by the depositor $37. 3. Cash balance per books, July 31, $7,884. 4. Deposits in transit, July 31, $1,800. 5. Bank collected $1,200 note for Waterway in July, plus interest $45, less fee $29. The collection has not been recorded by Waterway, and no interest...
Exercise 7-11 The following information pertains to Wildhorse Company. Cash balance per bank, July 31, $10,788...
Exercise 7-11 The following information pertains to Wildhorse Company. Cash balance per bank, July 31, $10,788 1 July bank service charge not recorded by the depositor $62. 2. Cash balance per books, July 31, $10,912. 3. Deposits in transit, July 31, $4,402. 4. $2,480 collected for Wildhorse Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Wildhorse Company. 5. Outstanding checks, July 31, $1,860. 6. Prepare a bank reconciliation at...
Exercise 8-11 a-b (Video) The following information pertains to Waterway Video Company. 1. Cash balance per bank, July 31, $8,243. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,264. 4. Deposits in transit, July 31, $1,990. 5. Bank collected $1,390 note for Waterway in July, plus interest $44, less fee $28. The collection has not been recorded by Waterway, and no interest has been accrued. 6. Outstanding checks, July 31,...
The following information pertains to Bonita Video
Company.
1.
Cash balance per bank, July 31,
$8,203.
2.
July bank service charge not
recorded by the depositor $37.
3.
Cash balance per books, July 31,
$8,224.
4.
Deposits in transit, July 31,
$1,970.
5.
Bank collected $1,370 note for
Bonita in July, plus interest $45, less fee $29. The collection has
not been recorded by Bonita, and no interest has been accrued.
6.
Outstanding checks, July 31,
$600.
Prepare a bank...
Exercise 8-11 a-b (Part Level Submission) (Video) The following information pertains to Swifty Video Company 1. Cash balance per bank, July 31, $8,003. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,024. 4. Deposits in transit, July 31, $1,870. 5. Bank collected $1,270 note for Swifty in July, plus interest $44. less fee $28. The collection has not been recorded by Swifty, and no interest has been accrued. 6. Outstanding...
The following information pertains to Oriole Video Company. 1. 2. 3. 4. Cash balance per bank, July 31, $7,783. July bank service charge not recorded by the depositor $34. Cash balance per books, July 31, $7,804. Deposits in transit, July 31, $1,760. Bank collected $1,160 note for Oriole in July, plus interest $42, less fee $26. The collection has not been recorded by Oriole, and no interest has been accrued. Outstanding checks, July 31, $597. 5. 6. (a) Prepare a...
The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $7,388. 2. July bank service charge not recorded by the depositor $41. 3. Cash balance per books, July 31, $7,424. 4. Deposits in transit, July 31, $2,760. 5. $2,076 collected for Crane Company in July by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 6. Outstanding checks, July 31, $689. Date Account Titles and Explanation Debit Credit July 31...
The following information pertains to Crane Company 1. Cash balance per bank, July 31. $7.938. 2. July bank service charge not recorded by the depositor $52. 3. Cash balance per books, July 31, $7.974. 4. Deposits in transit, July 31. $3,310. 5. $2.626 collected for Crane Company in July by the bank through electronic funds transfer. The collection has not been recorded by Crane Company. 6. Outstanding checks, July 31, $700. Prepare a bank reconciliation at July 31, 2017. (List...
Exerci *** (Part Level submiseln) (Video) The following information pertains to Vaughn Video Company Cash balance per bank, July 11, $7,983 2. July bank bervice charge not recorded by the depositor $36 a Cash balance per books, July 31, #1,004 4. Deposits in transit, July 11, $1,000 Bank collected 1,260 note for Vaughn in July, plus interest $44, less fee $28. The collection has not been recorded by Vaughn, and no interest has been accrued 6. Outstanding checks, wly 31,...
Exercise 7-11 The following information pertains to Ivanhoe Company. 1. 2. 3. 4. 5. 6. Cash balance per bank, July 31, $7,482. July bank service charge not recorded by the depositor $43. Cash balance per books, July 31, $7,568. Deposits in transit, July 31, $3,053. $1,720 collected for Ivanhoe Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Ivanhoe Company. Outstanding checks, July 31, $1,290. We were unable to transcribe...
Question 1 2.17/7 View Policies Show Attempt History Current Attempt in Progress The following information pertains to Waterway Video Company. 1. Cash balance per bank, July 31, $7,863. 2. July bank service charge not recorded by the depositor $37. 3. Cash balance per books, July 31, $7,884. 4. Deposits in transit, July 31, $1,800. 5. Bank collected $1,200 note for Waterway in July, plus interest $45, less fee $29. The collection has not been recorded by Waterway, and no interest...
Exercise 7-11 The following information pertains to Wildhorse Company. Cash balance per bank, July 31, $10,788 1 July bank service charge not recorded by the depositor $62. 2. Cash balance per books, July 31, $10,912. 3. Deposits in transit, July 31, $4,402. 4. $2,480 collected for Wildhorse Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Wildhorse Company. 5. Outstanding checks, July 31, $1,860. 6. Prepare a bank reconciliation at...
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