1. The cash account shows a balance of £45,000 before reconciliation. The bank statement does not include a deposit of £2,300 made on the last day of the month. The bank statement shows a collection by the bank of £940 and a customer’s check for £320 was returned because it was NSF. A customer’s check for £450 was recorded on the books as £540, and a check written for £79 was recorded as £97. The correct balance in the cash account was ???
1. The cash account shows a balance of £45,000 before reconciliation. The bank statement does not include a deposit of £2,300 made on the last day of the month. The bank statement shows a collection by the bank of £940 and a customer’s check for £320 was returned because it was NSF. A customer’s check for £450 was recorded on the books as £540, and a check written for £79 was recorded as £97. The correct balance in the cash account was ???
2. In preparing its May 31, 2019 bank reconciliation, Catt Co. has the following information available: Balance per bank statement 5/31/19 - €30,000; Deposit in transit, 5/31/19 - 5,400; Outstanding checks, 5/31/19- 4,900; Note collected by bank in May- 1,250. The correct balance of cash at May 31, 2019 is .....
3.In preparing its bank reconciliation for the month of April 2019, Henke, Inc. has available the following information. Balance per bank statement, 4/30/19 - €39,140; NSF check returned with 4/30/19 bank statement 450; Deposits in transit, 4/30/19- 5,000O utstanding checks, 4/30/19 - 5,200; Bank service charges for April was 20. What should be balance of cash at April 30, 2019?
49. If the month-end bank statement shows a balance of €36,000, outstanding checks are €12,000, a deposit of €4,000 was in transit at month end, and a check for €500 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is ?
48. If a petty cash fund is established in the amount of £250, and contains £150 in cash and £95 in receipts for disbursements when it is replenished, the
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