Benito Moya received his bank statement from First Junction Bank. His check register balance was $792.37....
Benito Moya received his bank statement from First Junction Bank. His check register balance was $792.37. The outstanding checks were:
| 273 | $21.47 | 278 | $31.15 | 282 | $62.00 |
| 275 | $18.22 | 281 | $2.19 | 283 | $75.00 |
A $300 deposit had not been recorded by the bank
What is the previous balance?
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Benito Moya received his bank statement from First Junction Bank. His check register balance was $792.37....
Reconcile the bank statement with the check registers balance. Find the current balance. Balance from bank...
Reconcile the bank statement with the check registers balance. Find the current balance. Balance from bank statement $4549.35 Outstanding checks (Debits) $381.67 $109.49 $287.07 $434.25 $381.92 Outstanding deposits (Credits) $442.53 $66.69 $337.05 Bank service charge $3.60 Adjustments (Interest credit) $2.11 Check register balance $3802.71 Current balance _______
Chapter 5 Bank Reconciliation Numbers Corporation February 28 bank statement has an ending cash balance of...
Chapter 5 Bank Reconciliation Numbers Corporation February 28 bank statement has an ending cash balance of $2,567. On February 28, Numbers Corporation check register shows a cash balance of $860. After comparing the check register items to the bank statement, the following items were noted: a) Outstanding checks total $2,250 b) Interest paid by the bank on the statement C) NSF check from a customer 32 d) Deposit in transit 1,900 e) Service fees charged by the bank Direct deposit...
< Notes Bob Albrecht received his bank statement on July 5 showing a balance of $2,608.87....
< Notes Bob Albrecht received his bank statement on July 5 showing a balance of $2,608.87. His checkbook had a balance of $1,865.81. The statement showed a service charge of $15.80 and an electronic payroll deposit of $220.00. The deposits in transit totaled $322.54, and the outstanding checks were for $182.00, $261.40, and $418.00. Use the form below to reconcile Bob's account. (Sketch duplicates of these forms on your scratch paper.) Then enter the amounts as requested below. ADJUSTED CHECKBOOK...
Jim Root Corporation operates four bowling alleys. The business just received the October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance of $910
E7-22 Preparing a bank reconciliation Jim Root Corporation operates four bowling alleys. The business just received the October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance of $910. Listed on the statement are an EFT rent collection of $440, a service charge of $7, NSF checks totaling $50, and a $23 charge for printed checks. In reviewing the cash records, the business identified outstanding checks total- ing $440 and a deposit in transit of...
Di Stefano Office Supply Company received a bank statement showing a balance of $67,605 as of...
Di Stefano Office Supply Company received a bank statement
showing a balance of $67,605 as of March 31, 2019. The firm’s
records showed a book balance of $69,439 on March 31. The
difference between the two balances was caused by the following
items.
A debit memorandum for $42, which covers the bank’s collection
fee for the note (item 6).
A deposit in transit of $3,300.
A check for $240 issued by another firm that was mistakenly
charged to Di Stefano’s...
Bank Statement Check Register Bank Reconciliation Bank State Statement date: July 1, 2019 - July 31,...
Bank Statement Check Register Bank Reconciliation Bank State Statement date: July 1, 2019 - July 31, 2019 Lake City National Bank 212 Golden Street PO Box 6458 Lake City, NY 12345 Statement for: The Tackle Shack 445 Main Street Lake City, NY 12345 Account # 76-7888-0987 CHECKING SUMMARY Previous statement balance on 6/30/19 Total of 4 deposits Total of 16 withdrawals Interest earnings Service charges New balance 46,543.89 + 31,209.11 - 27,077.77 119.34 55.00 50.739.57 CHECKS AND OTHER DEBITS Check...
Jim White operates a roller skating center. He has just received the monthly bank statement at...
Jim White operates a roller skating center. He has just received the monthly bank statement at January 31 from Citizen National Bank, and the statement shows an ending balance of $730. Listed on the statement are an EFT rent collection of $320, a service charge of $8, two NSF checks totaling $105, and a $9 charge for printed checks. In reviewing his cash records, White identifies outstanding checks totaling $604 and a January 31 deposit in transit of $1,770. During...
Adjusted balance: $32,630 Show Me How EX 8-18 Bank reconciliation OBJ. 5 The following data were...
Adjusted balance: $32,630 Show Me How EX 8-18 Bank reconciliation OBJ. 5 The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $32,110. 2. Cash balance according to the bank statement at July 31, $31,350. 3. Checks outstanding, $2,870. 4. Deposit in transit, not recorded by bank, $4,150. 5. A check for $170 in payment of an account was erroneously recorded in...
The statement from Jackson County Bank on December 31 showed a balance of $ 26,651
The statement from Jackson County Bank on December 31 showed a balance of $ 26,651. A comparison of the bank statement with the Cash account revealed the following facts.1. The bank collected a note receivable of $ 2,300 for Windsor, Inc. on December 15 through electronic funds transfer.2. The December 31 receipts were deposited in a night deposit vault on December 31 . These deposits were recorded by the bank in January.3. Checks outstanding on December 31 totaled $ 1,100.4....
The Pharoah Boat Company's bank statement for the month of November showed a balance per bank...
The Pharoah Boat Company's bank statement for the month of November showed a balance per bank of $8,900. The company's Cash account in the general ledger had a balance of $6,269 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,390 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $50 for check printing charges. (3) Check No. 119...
Chapter 5 Bank Reconciliation Numbers Corporation February 28 bank statement has an ending cash balance of $2,567. On February 28, Numbers Corporation check register shows a cash balance of $860. After comparing the check register items to the bank statement, the following items were noted: a) Outstanding checks total $2,250 b) Interest paid by the bank on the statement C) NSF check from a customer 32 d) Deposit in transit 1,900 e) Service fees charged by the bank Direct deposit...
< Notes Bob Albrecht received his bank statement on July 5 showing a balance of $2,608.87. His checkbook had a balance of $1,865.81. The statement showed a service charge of $15.80 and an electronic payroll deposit of $220.00. The deposits in transit totaled $322.54, and the outstanding checks were for $182.00, $261.40, and $418.00. Use the form below to reconcile Bob's account. (Sketch duplicates of these forms on your scratch paper.) Then enter the amounts as requested below. ADJUSTED CHECKBOOK...
Di Stefano Office Supply Company received a bank statement
showing a balance of $67,605 as of March 31, 2019. The firm’s
records showed a book balance of $69,439 on March 31. The
difference between the two balances was caused by the following
items.
A debit memorandum for $42, which covers the bank’s collection
fee for the note (item 6).
A deposit in transit of $3,300.
A check for $240 issued by another firm that was mistakenly
charged to Di Stefano’s...
Bank Statement Check Register Bank Reconciliation Bank State Statement date: July 1, 2019 - July 31, 2019 Lake City National Bank 212 Golden Street PO Box 6458 Lake City, NY 12345 Statement for: The Tackle Shack 445 Main Street Lake City, NY 12345 Account # 76-7888-0987 CHECKING SUMMARY Previous statement balance on 6/30/19 Total of 4 deposits Total of 16 withdrawals Interest earnings Service charges New balance 46,543.89 + 31,209.11 - 27,077.77 119.34 55.00 50.739.57 CHECKS AND OTHER DEBITS Check...
Jim White operates a roller skating center. He has just received the monthly bank statement at January 31 from Citizen National Bank, and the statement shows an ending balance of $730. Listed on the statement are an EFT rent collection of $320, a service charge of $8, two NSF checks totaling $105, and a $9 charge for printed checks. In reviewing his cash records, White identifies outstanding checks totaling $604 and a January 31 deposit in transit of $1,770. During...
Adjusted balance: $32,630 Show Me How EX 8-18 Bank reconciliation OBJ. 5 The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $32,110. 2. Cash balance according to the bank statement at July 31, $31,350. 3. Checks outstanding, $2,870. 4. Deposit in transit, not recorded by bank, $4,150. 5. A check for $170 in payment of an account was erroneously recorded in...
The statement from Jackson County Bank on December 31 showed a balance of $ 26,651. A comparison of the bank statement with the Cash account revealed the following facts.1. The bank collected a note receivable of $ 2,300 for Windsor, Inc. on December 15 through electronic funds transfer.2. The December 31 receipts were deposited in a night deposit vault on December 31 . These deposits were recorded by the bank in January.3. Checks outstanding on December 31 totaled $ 1,100.4....
The Pharoah Boat Company's bank statement for the month of November showed a balance per bank of $8,900. The company's Cash account in the general ledger had a balance of $6,269 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,390 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $50 for check printing charges. (3) Check No. 119...
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