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u will have 15 minutes to upload your $10.608 tion 18 Bank reconciliation 340 At the...
The bank statement balance is $ 4 800 and shows a service charge of $ 14,...
The
bank statement balance is $ 4 800 and shows a service charge of $
14, interest earned of $ 6, and an NSF cheque for $ 400. Deposits
in transit total $ 1100; outstanding cheques are $ 575. The
bookkeeper recorded as $ 160 a cheque of $ 138 in payment of an
account payable.
The bank statement balance is $4,800 and shows a service charge of $14, interest earned of $6, and an NSF cheque for $400. Deposits...
wme following would be added to the balance per bank on a bank reconciliation? 8. Which of the following would be a...
wme following would be added to the balance per bank on a bank reconciliation? 8. Which of the following would be added to the ba a. Outstanding checks b. Deposits in transit c. Notes collected by the bank d. Service charges 9. A check returned by the bank marked "NSF" means a. no service fee. b. no signature found c. not satisfactorily filled out. d. not sufficient funds. 10. Deposits in transit a. have been recorded on the company's books...
P7-7A The bank portion of last month’s bank reconciliation for Yap Ltd. at February 28 was...
P7-7A The bank portion of last month’s bank reconciliation for Yap Ltd. at February 28 was as follows: YAP LTD. Bank Reconciliation February 28 Cash balance per bank $17,984 Add: Deposits in transit 3,140 21,124 Less: Outstanding cheques #3451 1,960 #3470 2,135 Reconciled cash balance $17,029 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at February 28. The March bank statement showed the following: YAP LTD. Bank Statement March 31...
prepare the bank reconciliation at March 31 and any journal entries required from the reconciliation. The...
prepare the bank
reconciliation at March 31 and any journal entries required from
the reconciliation.
The bank portion of last month's bank reconciliation for Ivanhoe Ltd. at February 28 was as follows: IVANHOE LTD. Bank Reconciliation February 28 Cash balance per bank Add: Deposits in transit $17,834 3,129 20,963 Less: Outstanding cheques #3451 #3470 Reconciled cash balance $1,972 2,117 4,089 $16,874 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at...
QUESTION 7: (Please show work): P7-7A The bank portion of last month’s bank reconciliation for Yap...
QUESTION 7: (Please show work): P7-7A The bank portion of last month’s bank reconciliation for Yap Ltd. at February 28 was as follows: YAP LTD. Bank Reconciliation February 28 Cash balance per bank $17,984 Add: Deposits in transit 3,140 21,124 Less: Outstanding cheques #3451 1,960 #3470 2,135 Reconciled cash balance $17,029 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at February 28. The March bank statement showed the following: YAP...
Question 2 The bank portion of the bank reconciliation for Suka Suka Berhad at September 30,...
Question 2 The bank portion of the bank reconciliation for Suka Suka Berhad at September 30, 2014, was as follows. Suka Suka Berhad Bank Reconciliation September 30, 2014 Bank statement balance Add: Deposits in transit RM 5,800 240 6,040 Less: Outstanding cheques Cheque Number 1047 1048 1049 Adjusted bank balance Cheque Amount RM 1,200 830 1,750 3,780 2.260 The adjusted bank balance agreed with the book balance at September 30. The October 2014 bank statement showed the following cheques and...
Exercise 6-12 Bank reconciliation P3 Wright Company deposits all cash receipts on the day when they...
Exercise 6-12 Bank reconciliation P3 Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, its Cash account shows a $27.500 debit balance. The company's May 31 bank statement shows $25.800 on deposit in the bank. Prepare a bank reconciliation for the company using the following information. a. The May 31 bank statement lists $100 in bank service charges the company...
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...
The bank statement balance is $5,000 and shows a service charge of $26, interest earned of...
The bank statement balance is $5,000 and shows a service charge of $26, interest earned of $4, and an NSF cheque for $240. Deposits in transit total $1,700; outstanding cheques are $410. The bookkeeper recorded as $155 a cheque of $120 in payment of an account payable. (1) What is the adjusted bank balance? (2) What was the book balance of cash before the reconciliation? (1) What is the adjusted bank balance? The adjusted bank balance is $0 (2) What...
Following is a bank reconciliation for Zocar Enterprises for June 30, Year 2: Cash Account Bank...
Following is a bank reconciliation for Zocar Enterprises for June 30, Year 2: Cash Account Bank Statement Balance as of 6/30/Year 2 $ 23,880 $ 20,185 Deposit in transit 4,425 Outstanding checks (485 ) Note collected by bank 1,335 Bank service charge (40 ) NSF check (1,050 ) Adjusted cash balance as of 6/30/Year 2 $ 24,125 $ 24,125 As part of the normal process for handling an NSF check, the accounting clerk has notified the customer that their account...
The
bank statement balance is $ 4 800 and shows a service charge of $
14, interest earned of $ 6, and an NSF cheque for $ 400. Deposits
in transit total $ 1100; outstanding cheques are $ 575. The
bookkeeper recorded as $ 160 a cheque of $ 138 in payment of an
account payable.
The bank statement balance is $4,800 and shows a service charge of $14, interest earned of $6, and an NSF cheque for $400. Deposits...
wme following would be added to the balance per bank on a bank reconciliation? 8. Which of the following would be added to the ba a. Outstanding checks b. Deposits in transit c. Notes collected by the bank d. Service charges 9. A check returned by the bank marked "NSF" means a. no service fee. b. no signature found c. not satisfactorily filled out. d. not sufficient funds. 10. Deposits in transit a. have been recorded on the company's books...
prepare the bank
reconciliation at March 31 and any journal entries required from
the reconciliation.
The bank portion of last month's bank reconciliation for Ivanhoe Ltd. at February 28 was as follows: IVANHOE LTD. Bank Reconciliation February 28 Cash balance per bank Add: Deposits in transit $17,834 3,129 20,963 Less: Outstanding cheques #3451 #3470 Reconciled cash balance $1,972 2,117 4,089 $16,874 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at...
Question 2 The bank portion of the bank reconciliation for Suka Suka Berhad at September 30, 2014, was as follows. Suka Suka Berhad Bank Reconciliation September 30, 2014 Bank statement balance Add: Deposits in transit RM 5,800 240 6,040 Less: Outstanding cheques Cheque Number 1047 1048 1049 Adjusted bank balance Cheque Amount RM 1,200 830 1,750 3,780 2.260 The adjusted bank balance agreed with the book balance at September 30. The October 2014 bank statement showed the following cheques and...
Exercise 6-12 Bank reconciliation P3 Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, its Cash account shows a $27.500 debit balance. The company's May 31 bank statement shows $25.800 on deposit in the bank. Prepare a bank reconciliation for the company using the following information. a. The May 31 bank statement lists $100 in bank service charges the company...
The bank statement balance is $5,000 and shows a service charge of $26, interest earned of $4, and an NSF cheque for $240. Deposits in transit total $1,700; outstanding cheques are $410. The bookkeeper recorded as $155 a cheque of $120 in payment of an account payable. (1) What is the adjusted bank balance? (2) What was the book balance of cash before the reconciliation? (1) What is the adjusted bank balance? The adjusted bank balance is $0 (2) What...
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