QUESTION 9The following information was taken from a company's bank reconciliation at the end of the year:esckBank balanceChecks outstandingNote collected by the bankService feeDeposits outstandingNSF check from a customerWhat is the correct cash balance that should be reported in the company's balance sheet at the end of the year?O $5,500O $5,464O $9,790O $8,190O None of the aboveClick Save and Submit to save and submit. Click Save All Answers to save all answers.!10F1A@2NWS#380F3XE$4DF4RC%5FLF5MacBook Air18296VF6GY&7F7HBDII8UFBN$ 8,5008,7001,600365,700310(DD9KM escQUESTION 10A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building:Purchase price of the landSale of salvaged parts already on landDemolition of the old buildingGround-breaking ceremony (food and supplies)Land preparation and levelingWhat is the total capitalized cost of the land?O $437,500O $417,500O $439,000O $427,500O None of the aboveQUESTION 11Click Save and Submit to save and submit. Click Save All Answers to save all answers.!1☀F1A2N*F2WSw #380F3XED$4F4RC%5F↓F5MacBook AirV>6F6GY&7F7HB$ 400,00020,00040,0001,5007,500* 00*DII8F8N(9F9KM

QUESTION 9 The following information was taken from a company's bank reconciliation at the end of the year: Bank balance Checks outstanding Note collected by the bank Service fee Deposits outstanding NSF check from a customer What is the correct cash balance that should be reported in the company's balance sheet at the end of the year? O $5,500 O $5,464 O $9,790 O $8,190 None of the above Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air $ 8,500 8,700 1,600 36 5,700 310

QUESTION 9 The following information was taken from a company's bank reconciliation at the end of the year: Bank balance Checks outstanding Note collected by the bank Service fee Deposits outstanding NSF check from a customer What is the correct cash balance that should be reported in the company's balance sheet at the end of the year? O $5,500 O $5,464 O $9,790 O $8,190 None of the above Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air $ 8,500 8,700 1,600 36 5,700 310

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Required information Problem 6-4A (Algo) Preparing a bank reconciliation and recording entries LO P3 [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. a. On July 31, the company's Cash account has a $25,640 debit balance, but its July bank statement shows a $28,276 cash balance. b. Check Number 3031 for $1,620, Check Number 3065 for $586, and Check Number 3069 for $2,388 are outstanding checks as of July 31. c. Check Number 3056 for July rent expense was correctly written and drawn for $1,230 but was erroneously entered in the accounting records as $1,220. d. The July bank statement shows the bank collected $7,500 cash on a note for Branch. Branch had not recorded this event before receiving the statement. e. The bank statement shows an $805 NSF check. The check had been received from a customer, Evan Shaw. Branch has not yet…
aj.8
Do not provide answer in image format
Current Attempt in Progress Identify whether each of the following items would be (a) added to the book balance, or (b) deducted from the book balance in a bank reconciliation. 1. 2 3. 4. 5. EFT transfer to a supplier. Bank service charge. Check printing charge. Error recording check # 214 which was written for $260 but recorded for $620. Collection of note and interest by the bank on the company's behalf.
please provide correct solution of this question
Question 19 ) BRS
Need Answer with calculation
Hi please use the excel template
Question Content Area Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 $15,965 Note receivable collected by bank 4,859 Outstanding checks 9,437 Deposits in transit 4,203 Bank service charge 201 NSF check 1,307 Using the above information, determine the cash balance per books (before adjustments) for Thompson Corporation. a.$19,316 b.$7,380 c.$14,082 d.$10,731
Required information Skip to question [The following information applies to the questions displayed below.]The August bank statement and cash T-account for Martha Company follow: BANK STATEMENT Date Checks Deposits Other Balance August 1 $ 13,600 August 2 $ 120 13,480 August 3 $ 9,300 22,780 August 4 220 22,560 August 5 160 22,400 August 9 530 21,870 August 10 130 21,740 August 15 3,100 24,840 August 21 220 24,620 August 24 15,500 9,120 August 25 5,650 14,770 August 30 620 14,150 August 30 Interest earned $ 20 14,170 August 31 Service charge 10 14,160 Cash (A) Debit Credit August 1 Balance 13,600 Deposits Checks written August 2 9,300 120 August 1 August 12 3,100 220 August 2 August 24 5,650 160 August 3 August 31 4,100 130 August 4 530 August 5 200 August 15 280 August 17 620 August 18 220 August 19…
Please Need Correct answer