Homework Answers
| Bank statement balance | 2130 |
| Add: Deposit in transit | 1080 |
| Less: Outstanding check | -560 |
| Adjusted balance | 2650 |
So answer is d) $2650
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Alpha Company's bank statement balance as on April 30 is $2,130. It provides the following details...
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The April 30 bank statement for Trimble Corporation shows an ending balance of $35,192. The unadjusted cash account balance was $29,150. The accountant for Trimble gathered the following information: There was a deposit in transit for $4,406. The bank statement reports a service charge of $59. A credit memo included in the bank statement shows interest earned of $215. Outstanding checks totaled $11,362. The bank statement included a $1,070 NSF check deposited in April. What is the true cash balance...
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Rollerball USA Bank Reconciliation April 30, 2018 —————————- Bank: Balance, April 30 - $700 Add: Deposit in transit- 1...
Rollerball
USA
Bank Reconciliation
April 30, 2018
—————————-
Bank:
Balance, April 30 - $700
Add: Deposit in transit- 1805
=2505
less: outstanding checks -(614)
adjusted bank balance- 1891
Books:
Balance, April 30- 1925
Add: EFT collection- rent - 300
=2225
Less:
Correction of book error- 225
NSF Checks- 90
Charge for printed checks- 10
service charge- 9
=(334)
Adjusted book balance- 1891
Use the above bank statement information to fill in the cells.
Do entries for 1- record the EFT...
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1. A bank statement shows a balance of $6,825 at June 30. The bank reconciliation is...
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Saved The April 30 bank statement for Trimble Corporation shows an ending balance of $40,464. The unadjusted cash account balance was $33,950. The accountant for Trimble gathered the following information: 1. There was a deposit in transit for $5,398. 2. The bank statement reports a service charge of $179. 3. A credit memo included in the bank statement shows interest earned of $855 4. Outstanding checks totaled $13,906. 5. The bank statement included a $2,670 NSF check deposited in April...
Name The following information applies to the questions displayed below. The April 30 bank statement for KMaxx Company and the April ledger account for cash are summarized here: BANK STATEMENT Balance Checks Deposits Other $6,000 Balance, April 1 April 5 April 9 April 12 April 19 April 22 April 27 April 29 April 30 5.300 7,800 7600 #101 $700 $2,500 200 # 102 7,100 #103 500 6,100 #104 1,000 $200 5,900 5,800 5,775 EFT payment NSF check 100 25 Service...
Rollerball
USA
Bank Reconciliation
April 30, 2018
—————————-
Bank:
Balance, April 30 - $700
Add: Deposit in transit- 1805
=2505
less: outstanding checks -(614)
adjusted bank balance- 1891
Books:
Balance, April 30- 1925
Add: EFT collection- rent - 300
=2225
Less:
Correction of book error- 225
NSF Checks- 90
Charge for printed checks- 10
service charge- 9
=(334)
Adjusted book balance- 1891
Use the above bank statement information to fill in the cells.
Do entries for 1- record the EFT...
The cash account of Tullis Company on April 30 indicated a balance of $30,941.84 after the transactions for the month had been had been posted. The bank statement indicated a balance of $37,471.92 on April 30. Comparison of the bank statement and the accompanying canceled checks and memorandums with Tullis' records reveal the following items: a. Checks outstanding totaled $10,299.28. b. A deposit of $5,756.72 representing the April 30 receipts was made too late to be included in the bank...
Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $10,205. The bank statement indicated a balance of $11,690 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $4,210. b. A deposit of $4,380, representing receipts of April 30, had been made too late to appear on the bank statement. c. The bank collected $2,280...
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