Cash on hand and in bank P 5,960 1,200 8,000 1,100 1,000 1,800 4,000 300 600 Utilities expense Accounts receivable Depreciation expense Allowance for doubtful accounts Rent expense Notes receivable Interest income Supplies Service fees Manalo, drawing Manalo, Capital Prepaid rent Building Accounts payable Salaries payable Accumulated depreciation Unearned service fees 32,000 4,500 48,630 820 88,000 6,000 1,450 18,000 8,600

Cash on hand and in bank P 5,960 1,200 8,000 1,100 1,000 1,800 4,000 300 600 Utilities expense Accounts receivable Depreciation expense Allowance for doubtful accounts Rent expense Notes receivable Interest income Supplies Service fees Manalo, drawing Manalo, Capital Prepaid rent Building Accounts payable Salaries payable Accumulated depreciation Unearned service fees 32,000 4,500 48,630 820 88,000 6,000 1,450 18,000 8,600

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Similar questions

aj.8
how do you do the IF formula?
Please help me. Thankyou.
explain answer
1. Prepare a bank reconciliation for Summer Corp. Balance per Summer Company books $500,000 Balance per Citi bank $510,000 Reconciling items Outstanding Checks $40,000 Nonsufficient funds Check $10,000 Deposits in transit $19,000 Bank Fees $1,000
In a bank reconciliation, to adjust for the bank's deducting $980 for a company check that you wrote and booked for $890 requires A. increasing the book balance by $90 B. reducing the book balance by $90 C. increasing the bank balance by 590 D. reducing the bank balance by $90