Window HelpFileView History BookmarksEditA education.wiley.com口w https://msroederbhs.weebly.ccwP NWP Assessment Player UI ApplicationQuiz 22- /3Question 10 of 10 < *View PoliciesCurrent Attempt in ProgressGiven the following information, determine the adjusted cash balance per books from the following information:a.Balance per books as of June 30, $8,600.b.Outstanding checks, $820.С.NSF check returned with bank statement, $130.d.Deposit mailed the afternoon of June 30, $300.Check printing charges, $30.е.f.Interest earned on checking account, $12.Adjușted cash balance per books$Save for LaterAttempts: 0 of 1 usedSubmit Ansv7,288MAR4のCtv N...MacBoo80000000心DIIDDF1F2F3F4F5F6F7F8F9F1@#$%&2345 16% DFri 12:09w History Bookmarks Window HelpA education.wiley.comW https://msroederbhs.weebly.com/uploads/2/2/4/0/2240201NWP Assessment Player UI ApplicationQuiz 2-/3 EQuestion 1 of 10View PoliciesCurrent Attempt in ProgressPresented here are the components in Bradley Company's income statement. Determine the missing amounts.NetOperatingExpensesCost ofGrossSalesIncomeGoods SoldProfitRevenue2$$17,000$35,000$75,000$86,000$59,000$48.000Attempts: 0 of 1 usedSubmit AnswerSave for Latertv80888DIDDF3F4F5F6F7F8F9F10F11@#$%A&+234789{[WRYP

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Question 10 of 10 <* View Policies Current Attempt in Progress Given the following information, determine the adjusted cash balance per books from the following information: a. Balance per books as of June 30, $8,600. b. Outstanding checks, $820. C. NSF check returned with bank statement, $130. d. Deposit mailed the afternoon of June 30, $300. e. Check printing charges, $30. f. Interest earned on checking account, $12. Adjusted cash balance per books 2$

Question 10 of 10 <* View Policies Current Attempt in Progress Given the following information, determine the adjusted cash balance per books from the following information: a. Balance per books as of June 30, $8,600. b. Outstanding checks, $820. C. NSF check returned with bank statement, $130. d. Deposit mailed the afternoon of June 30, $300. e. Check printing charges, $30. f. Interest earned on checking account, $12. Adjusted cash balance per books 2$

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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Hills Company's June 30 bank statement and the June ledger account for cash BANK STATEMENT Checks Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 June 1 June June 30 Debit Balance Deposits Balance E5-5 (Static) Part 1 $ 19,100 Cash (A) 6,800 19,000 6,400 Deposits $ 18,000 Credit 19,400 Checks written Other $ 30 June Balance $ 7,200 25,200 6,100 6,070 6,070 Required: 1. Prepare a bank reconciliation A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $700. Some of the checks that cleared in June were written prior to June. No deposits in transit were noted in May, but a deposit is in transit at the end of June
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View Policies Current Attempt in Progress Blue Spruce Company established a $110 petty cash fund on August 1. On August 31, the fund had $9 cash remaining and petty cash receipts for postage $41, office supplies $24, and miscellaneous expense $34. Prepare journal entries to establish the fund on August 1 and replenish the fund on August 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation e Textbook and Media Debit Credit
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Required information Problem 8-4A Preparing a bank reconciliation and recording adjustments LO P3 Skip to question [The following information applies to the questions displayed below.] The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance as of July 31. On July 31, the company’s Cash account has a $25,100 debit balance, but its July bank statement shows a $27,683 cash balance. Check No. 3031 for $1,600, Check No. 3065 for $576, and Check No. 3069 for $2,368 are outstanding checks as of July 31. Check No. 3056 for July rent expense was correctly written and drawn for $1,250 but was erroneously entered in the accounting records as $1,240. The July bank statement shows the bank collected $9,500 cash on a note for Branch. Branch had not recorded this event before receiving the statement. The bank statement shows an $805 NSF check. The check had been received from a customer, Evan Shaw. Branch has not yet…
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Question Content Area Bank Reconciliation and Entries The cash account for Norwegian Medical Co. at April 30 indicated a balance of $12,480. The bank statement indicated a balance of $14,430 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: Checks outstanding totaled $5,190. A deposit of $5,410, representing receipts of April 30, had been made too late to appear on the bank statement. The bank collected $2,810 on a $2,670 note, including interest of $140. A check for $550 returned with the statement had been incorrectly recorded by Norwegian Medical Co. as $500. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account. A check drawn for $60 had been erroneously charged by the bank as $600. Bank service charges for April amounted to $50.
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