'cash deposit of rs50,000 has been recorded as rs 5,000 is bank statement' how record this transaction in adjusted account
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Q: QUESTION I The bank statement for Meranti Development Bhd shows a balance per bank of RM38,682.10 on…
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Q: accounts transaction for deposited Rm 11000 of the business cash into the bank account
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- accounts transaction for deposited Rm 11000 of the business cash into the bank accountA debit order of R1500 for payment of rates will appear in ____________during the bank reconciliation processThe checkbook balance is $8,850. The total fees or charges deducted by the bank is $8.15.The interest credit is $5.12. Determine the adjusted checkbook balance. a. $5000 b. $8,863.27 c. $8846.97 d. $8853.03
- Using the following information, determine the adjusted bank balance. Bank balance: $6,925 Deposits in transit: $1,932 Outstanding checks: $584 Interest income: $130 NSF check: $275Consider 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 $19610.6. A portion of your bank statement is shown. Your previous balance was $228.73. What is your present balance Date Checks and Other Charges Number 13-Oct 18-Oct 143 27-Oct 144 31-Oct ATM AT-Phone Service Charge >>> Amount $43.60 112.76 10.64 50.00 5.14 Date Deposits and Credits Amount $146.90 188.42 135.65 5-Oct 12-Oct 19-Oct [ATM] Present Balance
- The checkbook balance is $19,250.17. The total fees or charges deducted by the bank is $28.50.The interest credit is $50.19. Determine the adjusted checkbook balance.Based on the following data of KONTINALANG Co., how much is the adjusted bank balance as of December 31, 2019?Accounting Q/ Prepare a Bank Reconciliation Statement for XYZ company that has: Bank statement of SR9,000. Cash account of SR7,500. Additional information for the reconciliation: Deposit in transit. NSF Check. Outstanding check. Collections made by the bank. Required: provide an amount of each information to bring the adjusted balances to be equal.
- QUESTION I The bank statement for Meranti Development Bhd shows a balance per bank of RM38,682.10 on 31 May 2021. On this date the balance of cash per book is RM34,496.90. A comparison of the bank statement with the general ledger cash account, No. 101 reveals the following: a) The amount of RM4,464.80 has been deposited to bank on 31 May 2021 which was received by bank on 1 June 2021. b) Outstanding checks identified: No. 321: RM4,410, No. 330: RM2,802.60 and No. 375: RM2,367. c) Mr. Zubair, the account executive, wrote a check no.123 for RM1,505 and the bank correctly paid the amount. Howe ver, Mr. Zubair recorded the check as RM1,550. There are a few bank memoranda received: d) i. Debit memo - for the NSF check received from Chengal Jaya Enterprise for RM1,052.60. ii. Credit memo - collection of note receivable for RM2,020 plus interest earned RM50. iii. Credit memo - bank interest RM78. iv. Debit memo – service charge RM70. e) The rental expenses for the premises were made monthly…What is the adjusted receipts balance on December 31, 2021? What is the adjusted cash balance on December 31, 2021ah- ELearning The proper treatment of outstanding cheques Is to report them in the bank reconcilation as which of the following? o a. An addition to the balance as per cash book O b. A deduction from the balance as per bank statement O C. An addition to the balance as per bank statement o d. A deduction from the balance as per cash book A OMR 40,000, interest-bearing notes payable is signed on December 26, 2002. If the note is a 120-day note, what is the maturity date for this short term liability? of O a. April 26 O b. March 25 O c. March 26 O d. April 25 5. Oman Air purchased aeroplane for OMR 200,000, on July 1, 2015. The company expects the service life of the airplane to be 5 years. During that time, it is expected that the aeroplane's useful life will be 40,000 hours. The anticipated salvage value is OMR 10,000. The aeroplane is disposed of after five years of use. Calculate the book value of aeroplane as on 31-12-2017? Use declining-balance depreciation method of charging…