All reconciliation items at March 31 cleared through the bank in April. Outstanding checks at April 30 totaled P15,000. What is the amount of cash disbursements per books in April?

Q: In the month of April, Mazaya Company Inc. wrote checks in the amount of R.O.18,500. In May, checks…

A: 1. Outstanding checks at the end  of May = Check written in April - Check presented in April = RO…

Q: In the month of May, Fredricksburg Company Inc. wrote checks in the amount of $64,750. In June,…

A: Outstanding checks (May)=Checks written in May-Checks presented=$64,750-$59,276=$5,474

Q: a. The bank statement balance is $7,650. b. The cash account balance is $6,422 c. Outstanding checks…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: For the months of January and February, Crane Ltd. recorded cash deposits in its books of $5,100 and…

A: Given that there are no deposits in transit at the beginning of January. Cash deposit in January and…

Q: AI March 31, Cummins Company had a balance in its cash account of $10.500. At the end of March, the…

A: Given:Balance in Cash account = $10,500   Adjustments:   Explanation Difference Remark…

Q: Checks issued from November purchases amounting to $90,100 was reflected in December bank statement.…

A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…

Q: Kevin Company had the following bank reconciliation on June 30: Balance per bank statement, June 30…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: Question 6 of 8 -/ 40 E Prepare the journal entries to be made by Sheridan Inc. at August 31.…

A: There are two type of cash balances exists in the business books. One is cash balance as per…

Q: The trial balance as of December 31, 2015 of Maki Corp. has a Cash in bank balance of P80,000. The…

A: 1. Bank Reconciliation - It is the process by which the bank account balance of the company is…

Q: Choose the letter of the correct answer: Sassy Company provided the following data for the month of…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: At November 17, Icon Company has this bank information: cash balance per bank $6,950; outstanding…

A: Adjusted cash balance per bank means where the bank balance has been adjusted with outstanding…

Q: Tharsis Company provided the following information at the current year-end: P 30,000 5,000 150,000…

A: Cash & Cash Equivalents: The line item on the balance sheet that reflects the value of a…

Q: (a) Preparethebankreconciliationstatementasat31August2022. (b)…

A: We are given the cash balance of Isofac company and bank balance as on 31st August 2022 which are…

Q: At August 31, Crane Company has a cash balance per books of $10.700 and the following additional…

A: Bank reconciliation statement is used to determine the differences between the bank statement…

Q: The general ledger showed a bank account balance of P920,000. What amount should be reported as…

A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…

Q: The following bank reconciliation is presented for 000 Company for the month of November of the…

A: Bank reconciliation statement: It is a statement of the deviation between the organization cash book…

Q: Choose the letter of the correct answer: Sassy Company provided the following data for the month of…

A: A bank reconciliation statement is a statement that summarizes the banking and entity's business…

Q: The bank statement for the month of June contains the following data: Total deposits 55,000 Total…

A: The bank reconciliation statement is prepared to adjust the bank balance and cash book balance to…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $13,090. During May, the…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: correct cash balance at the end of the month

A: The bank balance as per bank statement should be correctly reconciled to the balance in books to…

Q: Saturn Company deposits all receipts daily and makes all payments by cheque. The following…

A: Bank reconciliation: Bank reconciliation is a statement which is prepared to reconcile the cash…

Q: Saturn Company deposits all receipts daily and makes all payments by cheque. The following…

A: Since we answer only three sub-parts, we will answer first three. Please resubmit the question…

Q: Efficient Company showed the following information: Cash in bank balance, March 31 Book credits for…

A: Bank reconciliation statement is the process in which bank balance as per the entity records is…

Q: TELLAR Company provided the following reconciliation schedule for the month of May: Balance per bank…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: ovable Company prepared the following bank reconciliation on June 30: Balance per bank statement,…

A: The statement of Bank reconciliation is a report that matches the money balance on an organization's…

Q: The following cash transactions occurred during the month of May: 青 Collection from customers:…

A: The bank reconciliation statement is prepared so as to adjust the balance of cash book and pass book…

Q: 1. HIRO Company provided you its June bank statement for its PNB demand account. The beginning…

A: The bank reconciliation statement is prepared to equate the balance of cash book and pass book with…

Q: A company's Cash account shows a balance of $5,630 at the end of the month. Comparing the company's…

A: Bank Reco Statement  :-…

Q: Sassy Company provided the following data for the month of July: Cash in bank: *Balance June 30 -…

A: Introduction: Bank Reconciliation statement: To reconcile the difference between Bank book and cash…

Q: Prepare the bank reconciliation on June 30 and July 31, and adjusting journal entries on July 31 *…

A: July 31 Cash Book balance: 1,000,000 + 4,000,000 - 3,600,000 = 1,400,000 July 31, Bank statement…

Q: Spielberg Company’s general ledger shows a checking account balance of $22,970 on July 31, 2021. The…

A: Bank Reconciliation Statement is a statement prepared to reconcile the difference between the…

Q: The cash account for All American Sports Co. on April 1, 20Y5, indicated a balance of $23,600.…

A: Ending Cash Balance = Beginning Cash Balance + Deposits - Payments Ending Cash Balance = $23,600 +…

Q: Choose the letter of the correct answer: Sassy Company provided the following data for the month of…

A: The bank reconciliation statement is prepared to equate the cash book and passbook balance with…

Q: 1. What is the cash balance per ledger on April 30?

A: Bank reconciliation statement is prepared to find out the reasons due to which the balance as per…

Q: The following information for the month of March is available from Butters Cookies, Inc.'s…

A: Solution a: Butters Cookies Inc. Bank Reconciliation - March 31 Bank's Cash balance Company's…

Q: Sternum Company's bank statement for the month of March included the following information:  Ending…

A: SOLUTION- BANK RECONCILIATION IS THE PROCESS OF MATCHING THE BALANCES IN AN ENTITY'S ACCOUNTING…

Q: In preparing the bank reconciliation for the month of November, APPLE Industries provided the…

A: Ideally cash balance as per cash book and bank balance as per bank statement should reconcile with…

Q: The cash account for Brentwood Bike Co. at May 1 indicated a balance of $13,080. During May, the…

A: 1) Particulars Amount $ Amount $ Cash balance according to bank statement   22,290 Add:…

Q: Prepare the bank reconciliation on June 30 and July 31, and adjusting journal entries on July 31*…

A: Since you have posted a question with two sub-parts and have asked specifically to solve Part 2, we…

Q: 2. On June 4, Marie Company had cash sales rung up by cashiers totaling $119,000Cash in the drawer…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: The accounting records and bank statement of Orison Supply Store provide the following information…

A: GIVEN   The accounting records and bank statement of Orison Supply Store provide the following…

Q: Alexa Company had the following bank reconciliation on June 30: Balance per bank statement, June 30…

A: The bank reconciliation statement is prepared to equate the balances of cash book and pass book with…

Q: nekook Company's check register shows the following entries for the month of December: Description…

A: The bank reconciliation statement is prepared to estimate the net cash inflow or outflow from the…

Q: fore reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in…

A: Bank Reconciliation The purpose of preparing the bank Reconciliation statement is to rectify the…

Q: Efficient Company showed the following information: Cash in bank balance, March 31 Book credits for…

A: Book to bank method- It compares bank balance reported in the bank passbook with the bank balance in…

Q: Lovable Company prepared the following bank reconciliation on June 30: Balance per bank statement,…

A: Disbursements -: Disbursement is an act of providing the money for getting the fund. Which…

Q: Hazelton Manufacturing prepares a bank reconciliation at the end of every month. At the end of May,…

A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…

Q: Bourne Incorporated reports a cash balance at the end of the month of $2,620. A comparison of the…

A: Basic Amounts that are are directly credit to the bank account will increase cash. Amounts that are…

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.