Bank of America Card uses 16account numbers, with the 16th digit being a formula check digitthe best possible Check digit for the given Card account number
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Bank of America Card uses 16account numbers, with the 16th digit being a formula check digitthe best possible Check digit for the given Card account number
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- Which credit card has a four-digit identification number that appears above the account number on the front inside the scrollwork on the right? American Express Visa MasterCard both b and cWhich credit card has a three-digit card verification number printed on the back of the card? American Express Visa MasterCard both b and cProperly fill out the deposit slip for The Star Vista Corp. based on the following information. (Enter the checks in the order given.) date: July 8, 20 x $1,670 in currency $61.25 in coins checks in the amount of $3,455.94, $4,438.79, and $ 1,461.67
- Taylor's bank statement indicates that the balance of his checking account is $1362, but according to Taylor's check register, the balance of his account is $1398. Is it possible that Taylor transposed a 2-digit number in his check register? Why or why not?In the month of November, Kingbird, Inc. wrote checks in the amount of $ 63300. In December, checks in the amount of $ 86581 were written. In November, $ 57921 of these checks were presented to the bank for payment and $ 74440 in December. What is the amount of outstanding checks at the end of December? A)$ 5379. B)$ 17520. C)$ 24282. D)$ 12141.Math Corp's checkbook balance on Dec 31 was P27,200. In addition ABC held the following items in its safe: 1. A check for P450 from a customer received on Dec 30 and not yet recorded in the books 2. An NSF check from another customer, P700 was returned by the bank on Dec29. The check was redeposited the following month. 3. Coins and currencies, P1,450 The proper amount to be reported on ABC 's balance sheet for cash at Dec 31 is? 26,950 27,500 27,950 28,400
- Using the T-accounts of the First National Bank and theSecond National Bank given in this chapter, describewhat happens when Jane Brown writes a check for $90on her account at the First National Bank to pay herfriend Joe Green, who in turn deposits the check in hisaccount at the Second National BankThe following information is available for Lemonaid Co. for June 30, 2020: The bank statement balance is $6,000The general ledger cash account balance is $4,715Outstanding checks totaled $1,000Deposits in transit are $500The bank service charge is $15Collection of a note by bank, $850 plus $50 in interest income.Error by bank in processing a check – overcharge to Acct 201’s account of $100, to be corrected July 2, 2020 Required: 1. Based on the previous information, prepare a bank reconciliation for Acct 201 Co. at June 30, 2019. 2. Based on the previous reconciliation, prepare any necessary adjusting journal entries. 3. List one example of internal controls over cashUsing T-accounts, show what happens to checkabledeposits in the banking system when the Fed lends$1 million to the First National Bank
- For the month of July, Adam Company had the following information: bank service charge for July, P16,500, “NSF” check, P40,000. Upon review of its records, Adam determined the following: deposit in transit P143,000, outstanding checks P110,000 and an unrecorded customer check of P38,500. If the cash in bank balance per ledger is P920,000, how much is the adjusted balance?Now, with Jacques’s latest bank statement and his check register or ledger in hand, you can examine the documents. Fourth State Bank of San Francisco, CA Statement of Account Jacques Smythe June 20XX 550 Angel Street San Francisco, CA Account 348596 Date Description Subtractions Additions Balance 6-01 Previous balance 1,446.50 6-01 Deposit 300.00 1,746.50 6-03 Check 300 700.00 1,046.50 6-04 Check 301 350.00 696.50 6-05 ATM withdrawal 25.00 671.50 6-05 Deposit 75.00 746.50 6-11 ATM withdrawal 35.15 711.35 6-15 Deposit 300.00 1,011.35 6-18 Check 302 210.00 801.35 6-21 ATM withdrawal 47.65 753.70 6-22 Deposit 105.00 858.70 6-24 Check 303 70.00 788.70 6-26 ATM withdrawal 50.00 738.70 Jacques’s Account Ledger Date Transaction Description Deposit Withdrawals Balance Jun-01 Deposit - Payroll $300.00 $1,746.50 Jun-03 Check 300 - Rent $700.00 1,046.50 Jun-04 Check 301 - Car payment…9. On January 1, Arnold Bernardo received his bank statement showing a balance of ₱40,313.90. His checkbook balance for that date was ₱39,360.10. A check of the statement and the stubs showed an outstanding check for ₱751.20. The following were not recorded on the stub: a check for ₱727.40, a deposit of ₱960, and a service charge of ₱30. Reconcile the balances.