Transaction | General Journal | Debit | Credit |
a. | No journal entry required | ||
b. | No journal entry required | ||
c. | Rent expense | 10 | |
Cash | 10 | ||
d. | Cash | 6,965 | |
Collection expense | 35 | ||
Notes receivable | 7,000 | ||
e. | Accounts receivable—E. Shaw | 805 | |
Cash | 805 | ||
f. | Miscellaneous expenses | 11 | |
Cash | 11 | ||
g. | No journal entry required | ||
Required information The following information applies to the questions displayed below ash 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, 2017 a. On July 31, the company's Cash account has a $25,640 debit balance, but its July bank statement shows a $28,631 cash balance. b. Check No. 3031 for $1,780 and Check No. 3040 for $882 were outstanding on the June 30 bank reconciliation. Check No....
Chapter 06 Homework Saved Required information [The following information applies to the questions displayed below.] Part 1 of 2 The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31. points eBook Print a. On July 31, the company's Cash account has a $24,752 debit balance, but its July bank statement shows a $27,217 cash balance. b. Check No. 3031 for $1,580 and Check No. 3040 for $782...
Requirea 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 $25,754 debit balance, but its July bank statement shows a $27,595 cash balance. b. Check No. 3031 for $1,320 and Check No. 3040 for $652 were outstanding on the June 30 bank reconciliation. Check No. 3040...
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 $25,648 debit balance, but its July bank statement shows a $27.213 cash balance. b. Check No. 3031 for $1,220 and Check No. 3040 for $602 were...
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 $25,644 debit balance, but its July bank statement shows a $26,809 cash balance. b. Check No. 3031 for $1,060 and Check No. 3040 for $522 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is...
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 $25,756 debit balance, but its July bank statement shows a $26774 cash balance. b. Check No. 3031 for $1,000 and Check No. 3040 for $492 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is...
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 $25,750 debit balance, but its July bank statement shows a $28,481 cash balance. Check No. 3031 for $1,680 and Check No. 3040 for $832 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031...
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 $25,359 debit balance, but its July bank statement shows a $27,270 cash balance. b. Check No. 3031 for $1,330, Check No. 3065 for $441, and Check No. 3069 for $2,098 are outstanding checks as of July...
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...
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 $24,752 debit balance, but its July bank statement shows a $27,080 cash balance. Check No. 3031 for $1,520 and Check No. 3040 for $752 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is...