Information on ABC Co. is shown below: M noite30-Jul 132,200 me Aug. 31 A748 180,000 Book balance 60,000 R Book debits O Book credits Bank balance 3TAG 100,600 169,000 O Bank debits R Bank credits 162itesup srli bnslansbnu bnbeaA 2260 .pnime Notes collected by bank 20,600 10,000 35,000 Debit memoS 7,800 8,900 000.03 Understatement of book receipts onalsd Xood 2,800 45,000os S Deposit in transit Outstanding checks 43,800 belsb noitsio 11,200 3,900 000,S OSod 9d bellcogsb.noits e 3. How much is the adjusted receipts in August? a. 78,800 b. 80,700 C. 88,700 Bc d. 87,800 4. How much is the adjusted disbursements in August? a. 13,300 C. 16,200 orlud b. 17,800 000, d. 14,300 5. How much is the adjusted balance of cash on August? a. 136,200 C. 132,600 b. 134,400 d. 208,900
Information on ABC Co. is shown below: M noite30-Jul 132,200 me Aug. 31 A748 180,000 Book balance 60,000 R Book debits O Book credits Bank balance 3TAG 100,600 169,000 O Bank debits R Bank credits 162itesup srli bnslansbnu bnbeaA 2260 .pnime Notes collected by bank 20,600 10,000 35,000 Debit memoS 7,800 8,900 000.03 Understatement of book receipts onalsd Xood 2,800 45,000os S Deposit in transit Outstanding checks 43,800 belsb noitsio 11,200 3,900 000,S OSod 9d bellcogsb.noits e 3. How much is the adjusted receipts in August? a. 78,800 b. 80,700 C. 88,700 Bc d. 87,800 4. How much is the adjusted disbursements in August? a. 13,300 C. 16,200 orlud b. 17,800 000, d. 14,300 5. How much is the adjusted balance of cash on August? a. 136,200 C. 132,600 b. 134,400 d. 208,900
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning