The amounts are in $
Part a
Part b
Credit memo of $3,113, Debit memo of $74 are entered now into books and a revision of debit for check no.1468 with amount $730 ($900-$170) is made in books.
This will result in increasing book balance to $15,336 (a rise of $2,309)
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage 629 Main Street HAZARD, GA 30321 Account number 62-00062 March 31, Year 2 Beginning balance 3/1/Year 2 $9,070 Total deposits and other credits 30,096 Total checks and other debits 25,024 Ending balance 3/31/Year 2 14,142 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $ 3,795 March 1 $ 1,140 1463 1,684...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,047 Total deposits and other credits 29,912 Total checks and other debits 24,758 Ending balance 3/31/Year 2 14,201 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,770 March 1 $1,113 1463 1,662 March 2...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,063 Total deposits and other credits 30,048 Total checks and other debits 24,959 Ending balance 3/31/Year 2 14,152 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,789 March 1 $1,131 1463 1,676 March 2...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,063 Total deposits and other credits 30,048 Total checks and other debits 24,959 Ending balance 3/31/Year 2 14, 152 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,789 March 1 $1,131 1463 1,676 March...
Problem 6-21B Bank reconciliation and adjustments to the cash account The following information is available for Pyle Garage for March Year 1: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage 629 Main Street Hazard, GA 30321 Account number 62-00062 March 31, Year1 Beginning balance V1/Year 1 Total deposits and other credits $15,000.00 7,000.00 Total checks and other debits 6,000.00 16,000.00 Ending balance 3/31/Year 1 Checks and Debits Deposits and Credits Amount $1,000.00 Check No. Amount...
Help The following information is available for Trinkle Company for the month of June: 1. The unadjusted balance per the bank statement on June 30 was $57,972. 2. Deposits in transit on June 30 were $2,005. 3. A debit memo was included with the bank statement for a service charge of $7. 4. A $4,240 check written in June had not been paid by the bank. 5. The bank statement included a $1100 credit memo for the collection of a...
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...
The following information is available for Park Valley Spa for July Year 1: BANK STATEMENT STATE BANK BOLTA VISTA, NV 10001 Park Valley Spa 10 Main Street Bolta Vista, NV 10001 Beginning balance 6/30/Year 1 Total deposits and other credits Total checks and other debits Ending balance 7/31/Year 1 Checks and Debits Check No. Amount 2350 $3,762 2351 1,644 2352 8,002 2354 1, 399 2355 6,188 2357 1,501 DM 19 Account number 12-4567 July 31, Year 1 $ 9,990 29,809...
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....
Accounting (ans fast plz) Question Two The following information is available for the Marwan Company for the month of March 2018 a. On March 31, after all transactions have been recorded, the balance in the company's Cash account has a balance of $70,400 b. The company's bank statement shows a balance on March 3lof $74,554 e. Outstanding checks at March 31 include check no. 130 in the amount of $2.,968 and check no. 135 in the amount of $2.940 d....