KAuturmn Renfro Managing Che: X Fill out the three sample checks for the following transactions: Popular Pizza Place, $22.46, Date 3/12/Year B Auto Insurance, $97.25, Date 3/15/Year ©Cell Phone Company, $67.50, Date 3/25/Year Place $478 in the beginning balance box. 3 In order of date, fill in your check transactions from #1 along with the following transactions Update the balance of your account after each transaction. Debit Card, Clothing store, new jeans, $56.23, Date 3/14/Year BWithdrawal, Football game admission and concession, $20.00, Date 3/19/Year GATM fee, $2.00, Date 3/19/Year O Deposit, Paycheck, $288.00, 3/15/Year Transaction Description Payment sodo BALANCE Number or Code 341 Date junoury 455 54 22.46 97.25 67.50 junowy 3712/20 3715/20 Pizza 358.29 341 Auto Insurance 341 3/25/20 CelI Phone

KAuturmn Renfro Managing Che: X Fill out the three sample checks for the following transactions: Popular Pizza Place, $22.46, Date 3/12/Year B Auto Insurance, $97.25, Date 3/15/Year ©Cell Phone Company, $67.50, Date 3/25/Year Place $478 in the beginning balance box. 3 In order of date, fill in your check transactions from #1 along with the following transactions Update the balance of your account after each transaction. Debit Card, Clothing store, new jeans, $56.23, Date 3/14/Year BWithdrawal, Football game admission and concession, $20.00, Date 3/19/Year GATM fee, $2.00, Date 3/19/Year O Deposit, Paycheck, $288.00, 3/15/Year Transaction Description Payment sodo BALANCE Number or Code 341 Date junoury 455 54 22.46 97.25 67.50 junowy 3712/20 3715/20 Pizza 358.29 341 Auto Insurance 341 3/25/20 CelI Phone

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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Use the following information to complete the check stub. Amount Total from Date To For Deposits Other of this Check previous Stub $136; $100 cash Mar. 8, 2014 Plumber Septic $1848.57 $6097.43 $1457.12 withdrawal Amount $ To Plumber For Septic Total Deposits This Check Other (+ or -) Balance $
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The following information relates to the bank account of Doug's Sky Diving Supply Store on June 30. Balance per bank statement $5,327 Balance per books as of June 30 9,265 Outstanding checks: #1007 $ 241 #1008 67 #1009 597 Deposits in transit 229 4,111 Bank service charges 98 NSF check 412 Credit memo for interest earned 16 Error: Check written and recorded by bank as $454 was subtracted from the checkbook as $445. The check was used to pay the telephone bill. Required: Prepare a bank reconciliation as of June 30. Doug's Sky Diving Supply Store Bank Reconciliation June 30, 20-- Bank statement balance $fill in the blank 1 Deduct deposits in transit: $fill in the blank 3 fill in the blank 4 fill in the blank 5 $fill in the blank 6 $fill in the blank 9 fill in the blank 11 fill in the blank 13 fill in the blank 14 Adjusted bank balance $fill in the blank 15 Book…
eBook Using the following information, prepare the journal entries to reconcile the bank statement. Bank balance: $6,788 Book balance: $8,393 Deposits in transit: $1,735 Outstanding checks: $579 and $1,523 Bank service charges: $25 Bank incorrectly charged the account $25. The bank will correct the error next month. Check number 2456 correctly cleared the bank in the amount of $137 but posted in the accounting records as $317. This check was expensed to Utilities Expense.
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eBook Using the following information, prepare the journal entries to reconcile the bank statement. Bank balance: $4,678 Book balance: $2,351 Deposits in transit: $325 Outstanding checks: $108 and $534 Bank service charges: $25 Notes receivable: $2,000; Interest income: $35 If an amount box does not require an entry, leave it blank.
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