GBS132_Lesson_2_Financial_Statement_Template-Final (1)

Question 13 Using the following balance sheet items and amounts, calculate the total liquid assets. • Money market account $4056 • Retirement account $17200 • Medical bills $120 • Checking account $8308 • Credit card balance $670 Your Answer: Answer

Checking account $750 Automabile (ourent vale) S,950 House (ourrent value) $92,500 Savings account Investments $1,350 $4.000 $107,550 Total Assets Liabilities Credit card debt $3,800 $15,750 Student loans Personal loans $975 Total Liabilities $20,525 Besed on the information in the table, what is Emily's net worth? OA S107,550 OB S7,025 .C. s20,525

Question 10 Using the following balance sheet items and amounts, calculate the total current liabilities. • Money market account $7844 • Retirement account $90600 • Medical bills $395 Checking account $3877 • Credit card balance $1309 Your Answer: Answer

Courses =HCS380 Week 1 Terminology Matching Accounts Receivable Terminology Matching Note Payable Bonds Payable Common Stock Income Statement Balance Sheet Retained Earnings Statement Statement of Cash Flow Basic Accounting Equation multimedia.phoenix.edu Annual Report View Assessment HCS/380: Week 1 - Terminology Matching - Academic Resources Owed to a bank for the money borrowed Bill customer/patient for services HCS Debt securities sold to investors that must be repaid at a particular date in the future A AOL PASSV REQUIRED Enter your password for "kaylakı Accounts. Prepared by corporate management to present financial information, management discussion, notes, and auditor's report Used by creditors to determine if they will be paid Assets Liabilities+Stockholder's Equity Used by creditors and investors to analyze the organization's cash position Used by investors to evaluate the organization's history of paying high dividends The total amount paid in by stockholders for the share…

Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Avg. Amount Amount Interest Interest Demand Vault Cash $1,573 $1,123 Deposits US Treas. Savings 3.43% 2,212 3.02% 8,497 Securities Deposits Consumer/Bus. 8.23% 15,315 CD's 3.54% ???? Loans Mortgage 6.82% 8,719 Borrowings 3.10% 2,747 Loans Property 2,032 Equity 3,423 Equipment Total Liab.& Total Assets ???? ???? Equity What is the net interest income the this bank? (Please enter the answer to the nearest penny!) ed 39,211.64 ver 1,091.41 margin of error +/- 1

Bank Statement Responsible Bank 210 2nd Street 3. If Andre deposits $100 in this account after $ Checking Account Statement Page: 1 of 1 Anytown, MH 06930 buying the music player, will he still be in debt? How do Andre Person 1729 Euclid Ave Anytown, MH 06930 Statement Pernd 2017-10-01 to 2017-11.01 Accourt No. 1120635978 you know? Date Description Withdrawals Deposits Balance Your answer here 2017-10-03 Previous Balance 2017-10-05 Check Number 256 2017-10-06 ATM Deposit- Cash 2017-10-10 Wire Transfer 2017.10.17 Point of Sale Grocery Store 2017-10-25 Funds Transfer from Savings 2017.10-28 Check Number 257 2017-10-29 Online Payment Phone Services 39.87 11.37 56.37 18.46 203 52 03 10.03 6247 28.50 45.00 37.91 16.43 50.00 42 00 7250 %24

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Refer to the information provided in Table below to answer the question(s) that follow. Table First Charter Bank Assets Select one: O Reserves $800 Loans $400 Total $1,200 Refer to Table First Charter Bank's total assets are Liabilities a. $800. b. $400. C. $2,400 d. $1,200. Deposits Net Worth Total

Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Interest Avg. Amount Amount Interest Demand Vault Cash $577 $5,650 Deposits US Treas. Savings 4.85% 2,139 1.99% 6,622 Securities Deposits W Consumer/Bus. 6.94% 15,835 CD's 4.76% ???? Loans Mortgage 7.54% 10,410 Borrowings 4.34% 2,766 Loans Property Equipment Total Assets 740 Equity Total Liab.& ???? Equity 2,741 ???? What is the net interest margin the this bank? (Please enter the answer without the % sign - so for instance is the answer is 5.67%, then enter just 5.67)

Liabilities Rs Assets Rs. Expenses Unpaid: Printing etc. Repairs Cash in hand 250 80 Bank Balances Deposit A/c Current A/c Interest due Subscriptions Outstanding Equipment 360 2,090 Bonus to Groundsman 200 150 2,240 Honorariun to Secretary Capital Fund 600 1,240 20 100 Balance on 1,750 Ist Jan, Add Surplus 3,080 40 3,120 4.360 4,360 Illustration 5. Prepare Income & Expenditure Account for the year ending 31-12-2000 and Balance -Sheet as on that date from the following : Receipts and Payments Account for the year ended 31-12-2000 Receipts Rs. Payments Rs. 2,100 By Printing and Stationary By Advertisements 500 By Investment in Govt. Securities at 5% On 1 st Nov. 2000 (Interest, payable on 1st) May and Ist Nov. By Building Construction 200 By Match Expenses To Balance b/d 1,300 To Subscription 1999 (estimated at Rs. 460) 800 2000 5,000 2001 200 8,000 To Donation for Building 5,500 2,500 To Sports Material 900 To Rent 1,300 By Creditors for 1999 estimated To Entrance Fees 300 at Rs. 750,…

Exhibit 12-4 Balance SheetBANK XYZ($ millions) Assets   Liabilities Required Reserves $ 30 Checkable Deposits $ 250 Excess Reserves     0 Nontransaction Deps    350 Loans 700 Borrowings      25 Securities  140  Bank Capital     (A) Refer to Exhibit 12-4. How much bank capital does Bank XYZ have (i.e. what dollar amount belongs in blank (A)? Refer to Exhibit 12-4. What is the required reserve ratio?

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Assets 1. A $100 bill 2. The funds in a savings account 3. A painting you own 4. A bond issued by a publicly traded company Select the assets in order of their liquidity, from most liquid to least liquid. Most Liquid Second-Most Liquid Third-Most Liquid Least Liquid Asset

lemic Calendar My MCBS Library English (en) - ndamentals of Financial Accounting Summer Session 12021/ACT 140/D2 / Final Examination/ AC In a bank reconciliation statement, explain. A. Non-sufficient-funds (NSF) check B. What is a deposit in transit? A BI - mcbs.proctoring.online is sharing your screen. Stop 11

Name of the Amount Name of the Amount Account Account Purchases Bank loan Bills payables Stock Capital 200,000 180,000 Sales 300,000 400,000 200,000 100,000 70,000 250,000 Debtors Bank With the information provided prepare trial balance of Bonze trading for the year 2021.

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Lesson 2 Posting the Journal Entries to the Ledger EXTEND Name: Time: John Karlo Dalangin, a dentist, established Dalagan Clinic. transactions occurred during June of this year: The following a. Dalangin deposited P280,000 in a bank account in the name of the business. b. Bought a 3-in-1 office equipment from Pitular Equipment for P4,950 paying P1,000 in cash and the balance on account. C. Bought waiting room chairs and a table, paying cash, P12,300. d. Bought office intercom on account from NE office Supply, P2,750. e. Received and paid the telephone bill, P1,080. f. Performed professional services on account, P12,940. g. Received and paid the electric bill, P1,850. h. Received and paid the bill for the Regional Dental Convention, P3,500. i. Performed professional services for cash, P17,650. j. Partially settled accounts with NE Office Supply, Pl,000. k. Paid rent for the month, P8,400. 1. Paid salaries of the part-time receptionist, P3,500. m. Dalangin withdrew cash for personal use,…

BANK STATEMENT Date Checks Deposits Other Balance $ 48,000 40, 380 67,830 53,930 ৪9,938 ৪৪, 978 88,470 88,520 88,370 Dec. 1 $ 7,620 550 $28, 0e 13,900 11 17 23 36, e00 26 960 30 19,200 19, e00 NSF* $300 Interest earned Service charge 31 50 31 150 NSF check from J. Left, a customer. Cash (A) Dec. 1 Balance 48, 000 Deposits Checks written during December: 7,620 550 28, e00 36, 000 19,000 13,e00 Dec. 11 23 13,900 960 30 31 150 19, 200 4,500 Dec. 31 Balance 97,128 There were no deposits in transit or outstanding checks at November 30. 4. Prepare any journal entries that the company should make as a resuit of the bank reconciliatio transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet B C D E A Record the interest of $50 received from the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal

Assets Right after After the the loan is check Liabilities and Net Right after After the the loan is check made clears Worth made clears Checkable Reserves $22,000 A D $100,000 G H Deposits Securities $38,000 B E Loans $40,000 C EL F

Chapter : Bank Reconciliation Statement

48. Help me selecting the right answer. Thank you

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Mi Tierra Bank Assets Liabilities Required reserves Excess reserves $10,000 Demand deposits $5,000 S85,000 Owner's equity $100,000 Loans (d) Assume that Luis withdraws $5,000 in cash from his checking account at Mi Tierra Bank. (iii) What is the maximum change in the amount of money supply as a result of this withdrawal?

Homestead State Bank has the following financial information. Cash Securities Investments Net Loans Net Premises and Equip. Balance Sheet Deposits Non-Deposit Borrowings" Equity Capital Total Liabilities and Equity 18.33% Total Assets 20.59% 19.70% 18.75% Homestead State Bank Information Table $50 Interest Income $600 Interest Expenses $1200 Non-Interest Income $250 "All purchased funds Use this information to calculate Homestead State Bank's ROE Non-Interest Expenses $2100 Provision for Loan Losses $970 Pre Tax Net Operating Income $800 Security Gains (Losses) $330 Taxes $2100 Net Income Income Statement $420 ($150) $50 ($110) ($60) $160 ($40) ($45) $65

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Beginning Balance A. D. Total Ending Balance Deposits $7,500 350 7,850 Bank Statement. Checks 101 102 103 106 Bank service charges C. Initiated a petty cash fund $250 check #102. D. Received $350 cash for services rendered. Bank Statement balance $ 600 250 125 242 1,307 Lavender Company started its business on April 1, 2019. The following are the transactions that happened during the month of April. A. The owners invested $7,500 from their personal account to the business account. B. Paid rent $600 with check #101. $0 E. Purchased office supplies for $125 with check #103. F. Purchased computer equipment $1,500, paid $500 with check #104, and will pay the remainder in 30 days. G. Received $750 cash for services rendered. H. Paid wages $375, check #105. 1. Petty cash reimbursement Office Supplies $50, Maintenance Expense $80, Miscellaneous Expense $60. Cash on hand $8. Check #106. J. Increased Petty Cash by $70, check #107. Assume no bank errors. Lavender Company Bank Reconciliation…

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Time: Black Diamond Pawnshop Trial Balance June 30, 2020 Cash in Bank 210,000.45 Petty Cash Fund 999.55 Loan Pledge Receivable 218,000.00 Furniture and Fixtures 85,000.00 Vaults and Other Equipment 110,000.00 Accounts Payable 20,000.00 SSS Premium Payable 1,888.00 Philhealth Premium Payable 550.00 B. Pozon, Capital 518,639.80 B. Pozon, Withdrawals 10,000.00 Interest Income 79,113.00 Service Fee 1,056.00 Interest Past Due 32,015.65 Liquidated Damage 28,074.35 Miscellaneous Income 2,000.00 Gain on Auction Sale 15,000.00 Taxes and Licenses 4,576.00 Postage and Communication 2,325.00 Salaries Expense 22,000.00 Rent Expense 29,000.00 Utilities Expense 5,000.00 Sss Contribution Expense Philhealth Contributions Expense 1,154.80 275.00 Required: Prepare a trial balance

nta 22 Coronado has the following assets at December 31, 2019. Cash in bank-savings account 134,000 Certificates of deposit (270-day) 226,000 sponder a como Cash on hand 1,600 Postdated checks 6,000 Cash refund due from State Taxing Authority 32,100 Checking account balance 12,000 What amount should be reported as cash? arcar nta O a. 135,600 O b. 134,000 O c. 179,700 O d. 147,600 pe here to search

repure u Mr. Jimin received his August 2020 bank statement. The ending cash balance in his accounting books is P300,000 while the cash balance shown on the bank statement is P430,000. He determined the following reconciling items. a. Credit Memo (A/R) b. Debit Memo (A/P) c. Deposits in transit d. Outstanding Checks P190,000 30,000 50,000 20,000 JIMIN CO. Bank Reconciliation Statement August 31, 2020 Adjusting Entries

Banking Question 2 Please use the balance sheet for Bank Alpha to answer the questions. Assume Bank Alpha loans all of its excess reserves, and the assets and liabilities balance on the balance sheet. Show all work. Bank Alpha Assets Liabilities Required Reserves Checking Deposits $5,000.00 X Loans $27,000.00 Saving Deposits $25,000.00 a. How much is X, the dollar amount of reserves? b. How much is the required reserve ratio? How much is the M ? Assume Bank Alpha loans its excess reserves to Bank Beta. Next Bank Beta loans their excess reserves to Bank Gamma. Please create balance sheets for Banks Beta and Gamma. Assume there are no excess reserves in this banking system. C. d. How much total money stock created in this banking system? е. What is the total of M1 for Bank Alpha? M2?

ythos.content.blackboardcdn.com/5f7ce11c673e5/40059001?X-Blackboard-S3-Bucket-learn-us-east-1-proc Home | bartleby tTyping Lessons - Le... ee Vall... bud 31 Institution Page G Google - + Q10 PA9. Domingo Company received the following bank statement. Using the following information, prepare a bank reconciliation. Include the information from the bank statement below. A. The owners invested $10,000 from their personal account to the business account. B. Paid rent $500 with check #101. C. Initiated a petty cash fund $500 with check #102. D. Received $1,000 cash for services rendered. E. Purchased office supplies for $158 with check #103. F. Purchased computer equipment $2,500, paid $1,350 with check # 104, and will pay the remainder in 30 days. G. Received $800 cash for services rendered. H. Paid wages $600, check #105. I. Petty cash reimbursement: office supplies $256, maintenance expense $108, postage expense $77, miscellaneous expense $55. Cash on hand $11. Check #106. J. Increased…

Mr. J, Capital Office Equipment Accounts Payable 85 000.00 Notes Receivable 12 000.00 Notes Payable 1 200.00 8 000.00 16 600.00 Interest Income 360.00 Communications Cash 18 540.00 1 250.00 Expense 21 500.00 Interest Expense Postage and Stamps Expense Tools 220.00 Mr. J, Drawing 10 000.00 50.00 Accounts 21 460.00 Insurance Expense 4 100.00 Receivable Mortgage Payable Loan Payable (Short Term) Service Income Furniture and Fixtures Salaries Expense 30 000.00 Service Vehicle 84 700.00 20 000.00 Utilities Expense 160.00 78 560.00 Supplies Expense 3 150.00 8 900.00 Shop Equipment 36 290.00 21 000.00 Rental Income 6 000.00 Net Inca me?