The form I need help with is attached J29L/Bank interest payableDr.Big BankCr.Dr.Big BankCr.Dr.StockCr.75,000Beg. BalanceRent expenses35,000Beg. Balance65,000Beg. Balance4,000sales62,000Ending BalanceEnding Balance17,000inventoryEnding BalanceNote PayableCr.76,000Dr.Little BankRetainedCashBeg. Balance60,000Dr.EarningsCr.DrCr.Beg. BalanceLittle BankBeg. Balanceemployee payment20,000Ending Balancesales62,00010,000cost of goods sold16,000sales40,000rent expenses4,000wages expenses23,000Interest Payableemployee wages10,000Ending Balance27,000Dr.Big BankCr.sales88,000Beg. Balancecost of goods sold22,000Accountsinterest payable600sales110,000Dr.ReceivableCr.Ending Balancecost of goods sold28,000Beg. Balancewages of employeesB/bank interest payalLBank interest payalEnding Balance23,000sales88,000Interest Payable600sales70,000Dr.Little BankCr.450Beg. Balanceinterest payableEnding Balance158,000450Ending BalanceDr.InventoryCr.Beg. Balancecost of goods soldcost of goods soldcost of goods sold85,00016,00022,00028,000additional inventory17,000Ending Balance36,000Dr.Cr.Equipment60.000Beg. BalanceEnding BalanceGeneral JournalGeneral LedgerTrial Bal and RE Change RptBalance SheetReadyWyseDELL Assets:Liabilities:Equity:nguirement2Post ne cnounal to the CReuirment

Equity means total amount attributable to the shareholders. It includes common stock account and…

Answered: Assets: Liabilities: Equity:

Business

Accounting

Assets: Liabilities: Equity:

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter4: Internal Control And Cash

Section: Chapter Questions

Problem 60APSA

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Reconciliation of Heaven Company’s bank account atMay 31 is:Balance per bank statement 2,100,000Deposits in transit 300,000Checks outstanding ( 30,000)Correct cash balance 2,370,000Balance per book 2,372,000Bank service charge ( 2,000)Correct cash balance 2,370,000June data are as follows:BankTotal credits P1,620,000Total debits 2,300,000Collection by bank (P400,000Note plus interest)420,000NSF check 10,000Balance 1,420,000BooksDeposits recorded 1,800,000Checks recorded 2,360,000Balance 1,810,000 The deposits in transit on June 30 amount toa. P120,000 c. P900,000b. P480,000 d. P 0
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What is the adjusted cash in bank on December 31? 8,200,000 9,050,000 8,970,000 9,150,000 What is the cash in bank per ledger on December 31? 8,990,000 8,270,000 8,560,000 8,660,000 for fc479f51-46ab-41af-b134-12bc9f4c0777.png How much from the list above should be presented as part of noncurrent assets 4,000,000 1,000,000 4,900,000 5,500,000
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H7. What is ABC Company, Inc.'s cash balance as of March 31? Cash balance on depositor's books: $15,000 checks in circulation: $2,500 interest earned on account balance: $15 customer check returned for non-sufficient funds (“NSF”): $100 multiple choice a)$12,500 b)$14,885 c)$14,915 d)$17,385
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