Homework Help is Here – Start Your Trial Now!
Business
Accounting
Calculate the amount of the April 30: 1. Deposits in transit $ 2. Outstanding checks $ eTextbook and Media Save for Later (b) Compute the April 30 adjusted cash balance (show all work). Adjusted cash balance $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Attempts: 0 of 2 used Submit Answer Sunland Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $49,820 Add: Deposits in transit 3,948 Deduct: Outstanding checks (7,144) Balance per books $46,624 Month of April Results Per Bank Per Books Balance April 30 $52,640 $51,700 April deposits April checks April note collected (not included in April deposits) April bank service charge 22,560 26,320 20,868 18,800 5,640 -0- 63 -0- April NSF check of a customer returned by the bank (recorded by bank as a charge) 2,005 -0-

Calculate the amount of the April 30: 1. Deposits in transit $ 2. Outstanding checks $ eTextbook and Media Save for Later (b) Compute the April 30 adjusted cash balance (show all work). Adjusted cash balance $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Attempts: 0 of 2 used Submit Answer Sunland Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $49,820 Add: Deposits in transit 3,948 Deduct: Outstanding checks (7,144) Balance per books $46,624 Month of April Results Per Bank Per Books Balance April 30 $52,640 $51,700 April deposits April checks April note collected (not included in April deposits) April bank service charge 22,560 26,320 20,868 18,800 5,640 -0- 63 -0- April NSF check of a customer returned by the bank (recorded by bank as a charge) 2,005 -0-

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter10: Liabilities: Current, Installment Notes, And Contingencies
Section: Chapter Questions
Problem 1COMP
See similar textbooks
icon
Related questions
Question
100%
Calculate the amount of the April 30: 1. Deposits in transit $ 2. Outstanding checks $ eTextbook and Media Save for Later (b) Compute the April 30 adjusted cash balance (show all work). Adjusted cash balance $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Attempts: 0 of 2 used Submit Answer
Transcribed Image Text:Calculate the amount of the April 30: 1. Deposits in transit $ 2. Outstanding checks $ eTextbook and Media Save for Later (b) Compute the April 30 adjusted cash balance (show all work). Adjusted cash balance $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Attempts: 0 of 2 used Submit Answer
Sunland Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $49,820 Add: Deposits in transit 3,948 Deduct: Outstanding checks (7,144) Balance per books $46,624 Month of April Results Per Bank Per Books Balance April 30 $52,640 $51,700 April deposits April checks April note collected (not included in April deposits) April bank service charge 22,560 26,320 20,868 18,800 5,640 -0- 63 -0- April NSF check of a customer returned by the bank (recorded by bank as a charge) 2,005 -0-
Transcribed Image Text:Sunland Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $49,820 Add: Deposits in transit 3,948 Deduct: Outstanding checks (7,144) Balance per books $46,624 Month of April Results Per Bank Per Books Balance April 30 $52,640 $51,700 April deposits April checks April note collected (not included in April deposits) April bank service charge 22,560 26,320 20,868 18,800 5,640 -0- 63 -0- April NSF check of a customer returned by the bank (recorded by bank as a charge) 2,005 -0-
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS