stuck on accounting! help please and thanks
HOWARD COMPANY
Bank Reconciliation
September 30, 2017
Following are the adjusting entries:-
stuck on accounting! help please and thanks Exercise 7-9 This information relates to the Cash account...
Help Center immel, Financial Accounting, 8e Help System Announcements xercise 7-9 his information relates to the Cash account in the ledger of Oriole Company Balance September 1-$20,570; Cash deposited-$64,000 Balance September 30-$21,770; Checks written-$62,800 The September bank statement shows a balance of $20,670 at September 30 and the following memoranda. Credits Collection of electronic funds transfer Interest earned on checking account $2,400 60 Debits NSF check: H. Kane Safety deposit box rent $1,130 75 At September 30, deposits in transit...
SLLALTUnenens Exercise 7-9 This information relates to the Cash account in the ledger of Oriole Company Balance September 1-$20,570; Cash deposited-$64,000 Balance September 30-$21,770; Checks written-$62,800 The September bank statement shows a balance of $20,670 at September 30 and the following memoranda. Credits Collection of electronic funds transfer Debits NSF check: H. Kane $2,400 $1,130 Interest earned on checking account 60 Safety deposit box rent 75 At September 30, deposits in transit were $5,323 and outstanding checks totaled $2,968. Prepare...
Exercise 5-9 This information relates to the Cash account for Crane Company. Balance September 1-$17,380; Cash deposited-$64,000 Balance September 30-$18,580; Checks written-$62,800 The September bank statement shows a balance of $17,480 at September 30 and the following memoranda. Debits Credits $840 Collection of electronic funds transfer $2,110 NSF check: H. Kane Interest earned on checking account Safety deposit box rent 85 70 At September 30, deposits in transit were $5,043 and outstanding checks totaled $2,688 Prepare the bank reconciliation at...
Exercise 6: • On September 30, the Cash account in the ledger of Robertson Company had a balance of $17,404 The September bank statement shows a balance of $16,422 on September 30 and the following memoranda. • Credits • Debits $1,530 $425 • Collection of $1,500 note plus interest S30 NSF check: J. E. Hoover 345 • $65 Interest earned on checking account Safety deposit box rent At September 30, deposits in transit were $4,450, and outstanding checks totaled $2,383...
Need help! The following information pertains to Crane Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding checks, August 31, $689. 4. August bank service charge not recorded by the depositor $41. 5. Deposits in transit, August 31, $2,760. In addition, $2,076 collected for Crane Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Crane Company. Prepare a bank reconciliation at...
Exercise 3: The following information pertains to Noura Company. 1. Cash balance per bank, July 31, R$29000. 2. July bank service charge not recorded by the depositor R$125. 3. Cash balance per books, July 31, R$25,358. 4. Deposits in transit, July 31, R$2,200. 5. Bank collected R$4,986 note for Noura in July, plus interest R$245, less fee R$35. The collection has not been recorded by Noura, and no interest has been accrued. 6. Outstanding checks, July 31, R$771. You are...
The following information pertains to Oriole Company 1. Cash balance per bank, July 31, $7.538. 2. July bank service charge not recorded by the depositor $44. 3. Cash balance per books, July 31, $7,574 4. Deposits in transit, July 31. $2.910. 5. $2,226 collected for Oriole Company in July by the bank through electronic funds transfer. The collection has not been recorded by Oriole Company 6. Outstanding checks, July 31. $692 Your answer is correct. Prepare a bank reconciliation at...
The following information pertains to Sunland Company. 1. Cash balance per books, August 31, $7,424. 2. Cash balance per bank, August 31, $7,388. 3. Outstanding checks, August 31, $695. 4. August bank service charge not recorded by the depositor $47. 5. Deposits in transit, August 31, $3,060. In addition, $2,376 collected for Sunland Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Sunland Company. Prepare a bank reconciliation at August 31,...
Exercise 8-12 Exercise 8-12 The information below relates to the Cash account in the ledger of Mi Minton Company. Cash deposited-$64,150. Balance September 1-$17,090; Balance September 30-$17,804; Checks written-$63,436. The September bank statement shows a balance of $16,822 on September 30 and the following memoranda. Credits Debits $1,730 NSF check: Richard Nance Collection of $1,690 note plus interest $40 Interest earned on checking account $625 $55 Safety deposit box rent $75 At September 30, deposits in transit were $4,650, and...
Exercise 5: • Al Ain limited in August has a cash balance of $58,349 and a book balance of S60,209. Al Ain Company later earned an interest of 30 and paid 10 for all the printing checks and an error of 24 for his book balance statement. • Al Ain Company got some money, deposited 3,800 cash, and paid 1,925 for his outstanding payment to the bank. • He also paid 19 for an error in his cash account. You...