Customer check for 45,000 sent to the bank was recorded by the company as 54,000
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![Customer check for 45,000 sent to the bank
was recorded by the company as 54,000
.a
Add in the books $9,000
.b
Add in the bank $9,000
.C
Deduct from the bank $9,000
.d
Deduct from the book $9,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F82dd4145-3e3a-4288-855e-3e2538f5bb05%2F97f762d2-9065-46e2-bae4-8baf304d82f7%2F15f9yrl_processed.jpeg&w=3840&q=75)
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- Using the following information, prepare a bank reconciliation. Bank balance: $7,651 Book balance: $10,595 Deposits in transit: $2,588 Outstanding checks: $489 Interest income: $121 NSF check: $966Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance: $2,547 Deposits in transit: $321 Outstanding checks: $108 and $334 Bank charges: $25 Notes receivable: $1,000; interest: $35Using the following information, prepare a bank reconciliation. Bank balance: $6,988 Book balance: $6,626 Deposits in transit: $1,600 Outstanding checks: $599 and $1,423 Bank charges: $75 Bank incorrectly charged the account $75. The bank will correct the error next month. Check number 2456 correctly cleared the bank in the amount of $234 but posted in the accounting records as $324. This check was expensed to Utilities Expense.
- MOBK 10 DO: Egad Company provided the following information for October and November: lo alsoo hs Checks and charges recorded by Bank in November d bio Including a November service charge of P8,000 and And NSF check of P40,000 1,100,000 Service Charge made by bank in October and recorded by Depositor in November Total credits to cash in all journals during November Customer NSF check returned in October and redeposited 4,000 1,240,000 In November (no entry made by depositor in either October Or November 80,000 Outstanding checks on October 31 that cleared in November 560,000 Couno 27. How much are the checks paid by bank in November? 28. What is the amount of outstanding checks on November 30? Ent tering orovid ed th e fellCustomer check for 45,000 sent to the bank was recorded by the company as 54,000 .a Add in the books $9,000 .b Add in the bank $9,000 .c Deduct from the bank $9,000 .d Deduct from the book $9,000 أخل اختياريOn the bank stub held by a checking account bank client, write the beginning balance of $100.00 and the deposits and checks drawn. Extract the ending balance. Withdrawals Check No. Deposits Date Particulars Balance 2011 Sept. 5 Drawn check no. 56 for $30,000 for payable to SMI Corp. for payment of invoice 45. Sept. 8 Issued check no. 57 to Mariano Co. for advances for travel expense. The amount received is $16,000. Received payment from customer Ely Tan for $34,000 for merchandise sold to him. Issued OR 312. Sept. 10 Sept. 15 Sept. 27 Sept. 29 The bank used a debit memo $800 for cost of blank check book. Payment to the BIIR for withholding taxes was $22,000. Check No. 58. Received from Marina Carlos $4,000 OR 313.
- At April 30, Cullumber Office Supply Company has the following bank information: Cash balance per bank $7500 Outstanding checks $550 Deposits in transit $955 Credit memo for interest $20 Bank service charge $40 What is Cullumber's adjusted cash balance on April 30? ○ $8050. O $7095. O $7905. $8010.HH Using the following information: a. The bank statement balance is $4,799. b. The cash account balance is $5,186. c. Outstanding checks amount to $744. d. Deposits in transit are $1,076. e. The bank service charge is $46. f. A check for $59 for supplies was recorded as $50 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation QQ May 31 Line Item Description Amount Amount < Cash balance according to bank statement Adjusted balance Cash balance according to company's records Total deductions Adjusted balanceUsing the following information: a. The bank statement balance is $4,265. b. The cash account balance is $4,448. c. Outstanding checks amount to $835. d. Deposits in transit are $954. e. The bank service charge is $55. f. A check for $37 for supplies was recorded as $28 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation Line Item Description May 31 Amount Amount Cash balance according to bank statement Adjusted balance Cash balance according to company's records Total deductions Adjusted balance
- Beehive Company provided the following information: Receipts per book for November (collection from Problem 3-2 (ACP) 600,000 Balance per book October 31 2,200,000 customer, P100,000 recorded as P10,000) Disbursements per book for November (check for P300,000 in payment of account recorded as P30,000) Balance per bank statement November 30 Deposit in transit October 31 Outstanding checks November 30 Bank receipts for November including an erroneous credit of P100,000 which should have been credited to Beeline Company Bank disbursements for November including check of Beeline Company, P200,000 1,800,000 930,000 300,000 400,000 2,500,000 1,970,000 Required: Prepare bank reconciliation on October 31 and November 30, and adjusting entries on November 30.On May 27, you received your bank statement showing a balance of $1,026.34. Your checkbook shows a balance of $1,056.29. Outstanding checks are $245.50 and $377.20. The account earned $62.59. Deposits in transit amount to $705.24, and there is a service charge of $10.00. Calculate the reconciled balance. $29.95 $943.80 O $1,003.70 O $1,108.88Hilltop Company's monthly bank statement shows a balance of $54,000. Reconciliation of the statement with company books reveals the following information: Bank service charge............ ...... $ 10 NSF Check......... 650 Checks outstanding............ ...1,500 Deposits in transit... 350 What was the adjusted bank balance on the bank reconciliation? a b с d $53,077 $53,050 $53,023 $52,363
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