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ments Journal Payee Grocery nvenience Store pre Gomer Chec y to

ments Journal Payee Grocery nvenience Store pre Gomer Chec y to

FINANCIAL ACCOUNTING
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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rel Fund, Bank Accounts and Control of Funds June 5 Star 5 Grocery t Presented hereunder are the details of your Cash Receipts Journal, Cash Disbursements Journal and the Bank Statement of Banco de Oro. Cash Receipts Journal Date Payor Odessa Allera O.R. Number Amount June 3 0001 P 30,000 20,000 5,000 10,000 20 Arnold Navales 0002 29 Juanita Nambatac 0003 30 Kyle Jamora 0004 362 Cash Disbursements Journal Date Payee Check Number Amount 15 DX Convenience Store 6581 P. 5,000 6582 21 MY Store 7,000 10,000 8,000 9,000 25 Eddie Gomez 6583 28 Rodolfo de la Torre 6584 6585 Banco de Oro Bank Statement For the month of June, 20A Date Withdrawal Deposit Balance P 30,000 25,000 45,000 37,000 28,000 June 4 P 30,000 15 6581 P 5,000 21 20,000 8,000 9,000 25 6584 28 6585 P 50,000 22,000 P 28,000 2 Count - Credits Count - Debit Balance Last Statement MAASIM GROCERY Maasim, Sarangani Province
Transcribed Image Text:rel Fund, Bank Accounts and Control of Funds June 5 Star 5 Grocery t Presented hereunder are the details of your Cash Receipts Journal, Cash Disbursements Journal and the Bank Statement of Banco de Oro. Cash Receipts Journal Date Payor Odessa Allera O.R. Number Amount June 3 0001 P 30,000 20,000 5,000 10,000 20 Arnold Navales 0002 29 Juanita Nambatac 0003 30 Kyle Jamora 0004 362 Cash Disbursements Journal Date Payee Check Number Amount 15 DX Convenience Store 6581 P. 5,000 6582 21 MY Store 7,000 10,000 8,000 9,000 25 Eddie Gomez 6583 28 Rodolfo de la Torre 6584 6585 Banco de Oro Bank Statement For the month of June, 20A Date Withdrawal Deposit Balance P 30,000 25,000 45,000 37,000 28,000 June 4 P 30,000 15 6581 P 5,000 21 20,000 8,000 9,000 25 6584 28 6585 P 50,000 22,000 P 28,000 2 Count - Credits Count - Debit Balance Last Statement MAASIM GROCERY Maasim, Sarangani Province
yroll Fund, Bank AcLuuIS and Control of Funds from the -reconciled bank balance for the month of June bank reconciliation? What do you do with the amount of difference? Are you going to add to or deduct Journal and the total withdrawal column of the bank statement? you call the amount of difference between your Cash Disbursements (Pertaining to Cash Disbursements Journal and Withdrawal column of the bank statement) 1. How much is the total withdrawal column of the bank statement? Ans. 2. How much is the amount of difference between your Cash Disbursements Journal and the total withdrawal column of the bank statement? Ans. 364 What do 3. Ans. 4. Ans.
Transcribed Image Text:yroll Fund, Bank AcLuuIS and Control of Funds from the -reconciled bank balance for the month of June bank reconciliation? What do you do with the amount of difference? Are you going to add to or deduct Journal and the total withdrawal column of the bank statement? you call the amount of difference between your Cash Disbursements (Pertaining to Cash Disbursements Journal and Withdrawal column of the bank statement) 1. How much is the total withdrawal column of the bank statement? Ans. 2. How much is the amount of difference between your Cash Disbursements Journal and the total withdrawal column of the bank statement? Ans. 364 What do 3. Ans. 4. Ans.
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