Aballe Company provided the following data for the month of December: Balance per Book 2,000,000 Bank Service Charge 6,000 Outstanding Checks 470,000 Deposit in Transit 600,000 Customer Note Collected by Bank 750,000 Interest on Customer Note 30,000 Customer check returned NSF 124,000 Depositor’s payment of note payable charged to account 500,000 1. What is the adjusted cash in bank? 2. What is the unadjusted cash in bank per statement?

Q: At November 30, Mazaya Company has the following bank information. cash balance per book RO4.600,…

A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…

Q: A Company provided the following information at year-end comprising the cash account:   Cash in…

A: Cash and cash equivalents consist of -  Cash in hand  cash at bank  travelers check managers check…

Q: the following bank information: cash balance per bank $8,070, outstanding checks $722, deposits in…

A: Bank reconciliation: Bank reconciliation is a statement which is prepared to reconcile the cash…

Q: The bank reconciliation for the month of December, Jacks Company provided the following information:…

A: Bank reconciliation statement is prepared by almost every organization at a particular time. It is a…

Q: At April 30, Kessler Company has the following bank information: Cash balance per bank $6,900…

A: Lets undertand the basics. Bank reconciliation statement is prepared by entity in order to reconcile…

Q: In reconciling the Cash in Bank of Inner Company with the bank statement balance for the month of…

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: At April 30, Novak Corp. has the following bank information: Cash balance per bank   $4400…

A: The bank reconciliation has two parts, namely bank balance and book balance. Both of these balances…

Q: At April 30, Kessler Company has the following bank information: Cash balance per bank $6,900…

A: INTRODUCTION: The "adjusted balance method" of accounting bases finance charges on the amount(s)…

Q: Bedlam Company provided the following data for the month of December: November 30 December 31 Cash…

A: Given: The data is given and the calculation as follows, The bank reconciliation process defines the…

Q: At April 30, Mazaya Company Has the following bank information: cash balance per book $7200;…

A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…

Q: Question. At April 30, Kessler Company has the following bank information: Cash balance per bank…

A: INTRODUCTION: The accounting technique known as the "adjusted balance method" bases finance charges…

Q: What total amount should be reported as cash at year-end? Affable Company provided the following…

A: Cash = Cash on hand + Cash in bank -demand deposit+ Money order + traveller check + Manager…

Q: Jane Company provided the following information at month-end: Cash in bank per bank statement…

A: Financial statements are the reports disclosed by the business regarding the performance of the firm…

Q: MDB Company provided the following data pertaining to the cash transactions and bank account for the…

A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…

Q: The related data of Scott Company for the month of November:…

A: In the banking scenario, the account and mirror account having the opposite sign the process…

Q: At November 30, Mazaya Company has the following bank information: cash balance per book R 04,600;…

A: Particulars Amount Cash balance per books RO 4,600 Add: interest RO 10 Less: Bank charges RO…

Q: At April 30, Marigold Company has the following bank information: cash balance per bank $2360;…

A: Lets undertand the basics.Bank reconciliation statement is prepared by entity in order to reconcile…

Q: 6. What is the adjusted cash in bank on December 314

A: Bank reconciliation statement can be defined as the financial statement being prepared by the…

Q: Timex Company provided the following data relating to the cash transactions and bank account for the…

A: Bank reconciliation statement is a statement used to match the balance of money reported on the…

Q: 2,032,000 1,890,000 1,440,000 180,000 80,000

A: . Outstanding Checks have been added because the entity has already credited Bank a/c in books but…

Q: What is the amount of cash receipts per book in December? Chris Company presented the following bank…

A: To calculate the amount of cash receipts per book in December, we need to reconcile the book balance…

Q: Balazo Company provided the following data for the month of January: Balance per book, January 31…

A: Calculation of Adjusted cash in bank balance is as follows:

Q: Enterina Company provided the following bank reconciliation on May 31: Balance per bank statement…

A: 1) Checks outstanding are those checks that have been written and recorded in the bank column of the…

Q: Egad Company provided the following information for October and November: Checks and charges…

A: Working notes:

Q: of bank loan, December 1, discounted for 6 months at 12%, not recorded on company 10,000 books…

A: By reconciling a company's bank account to its financial records, a bank reconciliation statement…

Q: In preparing the bank reconciliation for the month of December, Nano Company provided the following…

A: Bank reconciliation is the summary showing the balances of cash as per books and pass book which…

Q: At June 30, Mareska Company has the following bank information:  cash balance per bank $3,600;…

A: A bank reconciliation statement is a summary of banking and business activity that reconciles an…

Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.