Homework Answers
Adjusted cash balance
= 18,700 + Deposits in transit - Outstanding checks
= 18,700 + 1,600 - 2,200
= 18,100
Comment if you face any issues
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See all photos + Add to Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $18,700. The ban...
tOs 0)-phg Add to See all photos Egrane, Inc.'s monthly bank statement showed the ending balance...
tOs 0)-phg Add to See all photos Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $19,200. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,850, outstanding checks of $2,700, a NSF check of $1,400, bank service charges of $65 and the EFT from a customer in payment of the customer's account of $2,200. What is the up-to-date ending Cash balance? Multiple Choice $21,885 $17,615 $20,050
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $14,800. The bank reconciliation...
Egrane, Inc.'s monthly bank statement showed the ending balance
of cash of $14,800. The bank reconciliation for the period showed
an adjustment for a deposit in transit of $1,200, outstanding
checks of $1,600, a NSF check of $560, bank service charges of $24
and the EFT from a customer in payment of the customer's account of
$1,200.
What journal entry should be recorded by Egrane for the NSF
check returned?
MC Qu. 5-150 Egrane, Inc.s monthly bank statement.. grane, Inc.'s...
See all photos + Add to Q ♡ Urban Bloom, Inc.'s books show an ending cash balance of $17,500 before preparing the b...
See all photos + Add to Q ♡ Urban Bloom, Inc.'s books show an ending cash balance of $17,500 before preparing the bank reconciliation. Glven the bank reconciliation shows outstanding checks of $4,500, deposits in transit of $3,500, NSF check of $250, and interest earned on the bank account of $160, the company's up-to-date ending cash balance equals: Multiple Choice 0 $17,410 0 0 C
The following items relate to the company’s March bank reconciliation: Bank statement balance $29,600 Unadjusted cash...
The following items relate to the company’s March bank reconciliation: Bank statement balance $29,600 Unadjusted cash balance according to company records ? Deposit in transit 2,200 Outstanding checks 3,100 Bank service charges 200 Interest earned on the bank account 100 Customer's NSF check returned by the bank 300 Refer to Delco Construction. What is the company's unadjusted cash balance in its accounting records at March 31st before the reconciliation was completed? $28,700 $29,100 $28,300 $29,600
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. • The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the...
notos - 2019-11-03 (48).png See all photos + Add to Q & A % 2 6...
notos - 2019-11-03 (48).png See all photos + Add to Q & A % 2 6 The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation: $1,155 894 682 61 Cash balance per bank statement Cash balance per books (prior to reconciliation) Outstanding check #643 Outstanding check #651 Bank service charges Customer check returned by bank as NSF Deposits in transit Interest received from bank 110 370 41 The amount of cash that...
Need help in bank reconciliation and general journal. McDermott Company's bank statement for September 30 showed...
Need help in bank reconciliation and general journal.
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,420. The company's Cash account in its general ledger showed a $1,070 debit balance. The following information was also available as of September 30. • The bank deducted $150 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,300, were placed in the bank's night depository after banking hours on that...
Working Backward: Bank Reconciliation Dexter Company's bank reconciliation shows an adjusted cash balance of $4,968.05. The...
Working Backward: Bank Reconciliation Dexter Company's bank reconciliation shows an adjusted cash balance of $4,968.05. The following items also appear on the reconciliation NSF check $231.79 Deposit in transit 396.06 Interest earned 99.48 Outstanding checks 502.15 Bank service charges 25.00 Required: 1. Determine the balance on the bank statement prior to adjustment. Round your answer to the nearest cent. 2. Determine the balance on the books prior to adjustment. Round your answer to the nearest cent.
October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance wing the cash...
October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance wing the cash records, the business identified outstanding checks totaling $455 and a deposit in transito 31 balance of $2,122 conciliation 0 Requirements 1. Prepare the bank reconciliation at October 31. 2. Journalize any transactions required from the bank reconciliation Print Done k Check Answer Clear All care 5 checks Expense and creang Cuthor , 30 dage for these The business Cashcourt shows in...
tOs 0)-phg Add to See all photos Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $19,200. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,850, outstanding checks of $2,700, a NSF check of $1,400, bank service charges of $65 and the EFT from a customer in payment of the customer's account of $2,200. What is the up-to-date ending Cash balance? Multiple Choice $21,885 $17,615 $20,050
Egrane, Inc.'s monthly bank statement showed the ending balance
of cash of $14,800. The bank reconciliation for the period showed
an adjustment for a deposit in transit of $1,200, outstanding
checks of $1,600, a NSF check of $560, bank service charges of $24
and the EFT from a customer in payment of the customer's account of
$1,200.
What journal entry should be recorded by Egrane for the NSF
check returned?
MC Qu. 5-150 Egrane, Inc.s monthly bank statement.. grane, Inc.'s...
See all photos + Add to Q ♡ Urban Bloom, Inc.'s books show an ending cash balance of $17,500 before preparing the bank reconciliation. Glven the bank reconciliation shows outstanding checks of $4,500, deposits in transit of $3,500, NSF check of $250, and interest earned on the bank account of $160, the company's up-to-date ending cash balance equals: Multiple Choice 0 $17,410 0 0 C
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. • The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the September 30...
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,364. The company's Cash account in its general ledger showed a $1,010 debit balance. The following information was also available as of September 30. The bank deducted $130 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,260, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the...
notos - 2019-11-03 (48).png See all photos + Add to Q & A % 2 6 The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation: $1,155 894 682 61 Cash balance per bank statement Cash balance per books (prior to reconciliation) Outstanding check #643 Outstanding check #651 Bank service charges Customer check returned by bank as NSF Deposits in transit Interest received from bank 110 370 41 The amount of cash that...
Need help in bank reconciliation and general journal.
McDermott Company's bank statement for September 30 showed an ending cash balance of $1,420. The company's Cash account in its general ledger showed a $1,070 debit balance. The following information was also available as of September 30. • The bank deducted $150 for an NSF check from a customer deposited on September 15. • The September 30 cash receipts, $1,300, were placed in the bank's night depository after banking hours on that...
Working Backward: Bank Reconciliation Dexter Company's bank reconciliation shows an adjusted cash balance of $4,968.05. The following items also appear on the reconciliation NSF check $231.79 Deposit in transit 396.06 Interest earned 99.48 Outstanding checks 502.15 Bank service charges 25.00 Required: 1. Determine the balance on the bank statement prior to adjustment. Round your answer to the nearest cent. 2. Determine the balance on the books prior to adjustment. Round your answer to the nearest cent.
October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance wing the cash records, the business identified outstanding checks totaling $455 and a deposit in transito 31 balance of $2,122 conciliation 0 Requirements 1. Prepare the bank reconciliation at October 31. 2. Journalize any transactions required from the bank reconciliation Print Done k Check Answer Clear All care 5 checks Expense and creang Cuthor , 30 dage for these The business Cashcourt shows in...
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