Journalize the following entries to record the adjusting entries on the books of Company YOU. Bank reconciling items: Deposit in transit: ₱160,000 deposit on 6/29. Outstanding check: ₱380,000 Check #1116 on 6/28. Book reconciling items: Credit memos: ₱350,000 deposit on 6/10 + ₱410,000 deposit on 6/28 = ₱760,000. Debit memos: ₱2,000 payment on 6/15 + ₱50,000 payment on 6/20 = ₱52,000.
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Journalize the following entries to record the
Bank reconciling items:
Deposit in transit: ₱160,000 deposit on 6/29.
Outstanding check: ₱380,000 Check #1116 on 6/28.
Book reconciling items:
Credit memos: ₱350,000 deposit on 6/10 + ₱410,000 deposit on 6/28 = ₱760,000.
Debit memos: ₱2,000 payment on 6/15 + ₱50,000 payment on 6/20 = ₱52,000.
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- Fill out the bank deposit slip given the following details:A P5,000 check received is written on the deposit slip.1. Date of Deposit - August 20, 20X52. Type of Deposit - Checking3. Currency - Peso4. Account Name - ABC Company5. Account Number - 003976. Drawee Bank - BPI7. Check Number - 012768. Amount - P50009. Total Deposit - P5000Given this book and bank statement information, create an October bank reconciliation for Arrowhead company. And the journal entries required for the book side. BOOK INFO: Cash Date Debit Credit Balance 10/1/2020 Beginning Balance 8,259.86 10/1/2020 Ck 10102 Accounts Payable 1,374.12 6,885.74 10/2/2020 Ck 10103 Rent 3,420.00 3,465.74 10/2/2020 Ck 10104 Utilities 689.00 2,776.74 10/4/2020 Deposit 3,743.10 6,519.84 10/4/2020 Ck 10105 Advertising 344.21 6,175.63 10/4/2020 Ck 10106 Subscription 102.84 6,072.79 10/9/2020 Ck 10107 Internet 74.97 5,997.82 10/9/2020 Deposit 4,859.47 10,857.29 10/9/2020 Ck 10108 Telephone 221.00 10,636.29 10/9/2020 Deposit 11,339.64 21,975.93 10/12/2020 Ck 10109 Accounts Payable 1,680.00 20,295.93 10/13/2020 Ck 10110 Wages…Ablema has provided you with the following bank statement and bank account details in respect of the month ended 31 January 2018. Statement date - 31 January, 2018. Account No 1452800 Date Particulars Debit Credit Balance GH¢ GH¢ GH¢ 01-Jan-18 Balance forward 67,580 Cr 06-Jan-18 Cheque 597 120 67,460 Cr 06-Jan-18 Direct debit 2,020 65,440 Cr 12-Jan-18 Credit transfer 4,660 70,100 Cr 13-Jan-18 Cheque 600 1,420 68,680 Cr 14-Jan-18 Cheque 601 12,028 56,652 Cr 16-Jan-18 Lodgement 9,000 65,652 Cr 19-Jan-18 Cheque 599 18,004 47,648 Cr 23-Jan-18 Bank charges for December 2017 422 47,226 Cr 25-Jan-18 Quarterly interest received 62 47,288 Cr 27-Jan-18 Dishonoured cheque 1,600 45,688 Cr 27-Jan-18 Cheque 598 26,090 19,598 Cr 30-Jan-18 Cheque 603 5,048 14,550 Cr 31-Jan-18 Lodgement 14,500 29,050 Cr 31-Jan-18 Standing order: rent first quarter 2018 27,000 2,050 Cr The books and records of Ablema show the followings transactions through the bank account for the month of January 2018: Date Receipts…
- A. Fill out the bank deposit slip given the following details: A P5,000 check received is written on the deposit slip. 1. Date of Deposit - August 20, 20X5 2. Type of Deposit - Checking 3. Currency - Peso 4. Account Name - ABC Company 5. Account Number - 00397 6. Drawee Bank - BPI 7. Check Number - 01276 8. Amount - P5000 9. Total Deposit - P5000At November 30, Mazaya Company has the following bank information. cash balance per book RO4.600, outstanding checks RO 280; depositsin transit RO550, credit memo for interest RO10, bank service charge R.O.20. What is Mazaya's adjusted cash balance on November 30?A debit order of R1500 for payment of rates will appear in ____________during the bank reconciliation process
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