Description Amount ($) Cash 25 22 Check 1 56 42 Check 2 83 67 Subtotal ?? ?? Less cash received ?? ?? Total 64 32
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- In reviewing the Accounts Receivable, the Net Cash Realizable Value is __ before a write off of $1500. What is the Net Cash Realizable Value after the write off?a. $16,000b. $1500c. $17300d. $14500H6. 31 P XYZ Co. decided to create a petty cash fund. They estimated that $100 would be needed in the fund. Choc entry to create the account from the following. O Petty Cash is debited for $100. O Cash is debited for $100. O Petty Cash is credited for $100. O Miscellaneous Expense is debited for $100.The petty cash receipt voucher is for a return of travel expense advance. What is the petty cash shortage? A. P1,000 B. P 400 C. P 900 D. P 500
- What is double entry for the following transaction: Paid MK20000 of the cash in hand into bank accountTable 2: Deposit Slip CHECKING DEPOSIT Name: Jamal Houston Date: May 17, 2021 Account Number: 1234 5678 9012 16. How much in checks are being deposited in the deposit slip above? C H E S CURRENCY COINS 2-36 8-97 10-87 SUBTOTAL LESS CASH TOTAL DEPOSIT DOLLARS CENTS 345 00 0 58 55 20 125 61 92 18 75 00 17. What is the total deposit amount in the deposit slip above?For the Feb3 transaction how did you get the amount of 6434 for the Cash credit?
- Gabana Inc.'s € 100 petty cash fund has cash of € 4 and receipts of € 91. The journal entry to replenish the account would include?Consider the following: Cash in Bank - checking account of $19100, Cash on hand of $510, Post-dated checks received totaling $3540, and certificates of deposit totaling $123000. How much should be reported as cash in the balance sheet? O $23150. O $135400. O $19100. O $19610.What is double entry for the following transaction: Took MK20600 out of bank and put into the cash bill
- 1.What is the Adjusted End Cash balance for the Bank? a. $112670.42 b. $152,213.03 c. $120,659.46 d. None of the above 2. What total amount should be added to the company’s book records? a. 4500.00 b. 49500.00 c. 45,000.00 d. 7,989.04 3. What total amount should be deducted from the company’s book records? a. Both 1440.66 and 44.00 b. 1440.66 c. 7989.04 d. 44.00Question 11: Which statement about making deposits is TRUE? Answer: A. B. C. D. O Funds received through sales are held in Savings, and you must move them to Checking. Funds received through sales are held in Undeposited Funds, and you must move them to your bank account. O Funds received through sales are held in Accounts Payable, and you must move them to your bank account. Funds received through sales are held in Accounts Receivable, and you must move them to your bank account.What is the correct cash balance at August 31, 2018a. P902,00b. P860,000c. P820,000d. 802,000