Video 2 Identify special internal controls for cash.3Part 3 of 4Multiple ChoiceOOCheckingAccountSummaryOOn This Das Your Balance8/31/2014Other Debles297.9115.82249.08Which of the following statements is true?42.5379.87685.0025.7536.45Chocksand Dobes61.40289.51 M71.59312.47narnson, Nevada 04210-5204,779.86 1Pesulting in a Balance of3,516.4524.95497.00124.61959.30742.5930.9059.919.40 DM92.00Depostsand Credits500.25711.43Account Number53-9072-3No. Deposits Checks Paid No. Checks64,537.2222Enclosures29940.00 CM699.47Bank services charges are not shown on a bank statement.Deposits will be shown as debits on a bank statement.On This Dara9/30/2014Dan9/59/99/99/129/159/109/199/219/24Interest revenue will be shown as a credit on a bank statement.EBalance5,339.444,593.364.426.223,406.972.770.012,706.002,609.723,541.324,169.393,079.003.726.293,413.42Checks that a company has written are shown as credits on a bank statement.Save

A bank statement is a summary of transactions within a specific period, issued by a bank to an…

Video 2 Identify special internal controls for cash. 3 Part 3 of 4 Multiple Choice O O Checking Account Summary O On This Dato Your Balance /31/2014 Other Debis 297.91 15.82 249.08 Which of the following statements is true? 42.53 79.87 685.00 25.75 36.45 Chocks and Dobis 61.40 289.51 M 71.59 312.87 rarnson, revada 04210-520 REDINCIA 4,779.86 Resulting in a Balance of 3,516.45 24.05 497.00 124.61 059.30 742.59 30.90 59.91 9.40 DM 92.00 Deposts and Credits 600.25 711.43 Account Number 53-9072-3 No. Deposits Checks Paid No Chacks 6 22 4,537.22 Enclosures On This Daro 29 9/30/2014 940.00 C 609.47 Bank services charges are not shown on a bank statement. Deposits will be shown as debits on a bank statement. Dam 9/5 9/7 9/9 9/9 9/12 9/15 9/10 9/19 9/21 9/24 Interest revenue will be shown as a credit on a bank statement. G Balance 5,339.44 4,593.36 4,426.22 3,406.97 2,770.01 2,706.00 2,609.72 3,541.32 4,169.39 3,079.00 3.726.29 3,413.42 Checks that a company has written are shown as credits on a bank statement. Sav

Video 2 Identify special internal controls for cash. 3 Part 3 of 4 Multiple Choice O O Checking Account Summary O On This Dato Your Balance /31/2014 Other Debis 297.91 15.82 249.08 Which of the following statements is true? 42.53 79.87 685.00 25.75 36.45 Chocks and Dobis 61.40 289.51 M 71.59 312.87 rarnson, revada 04210-520 REDINCIA 4,779.86 Resulting in a Balance of 3,516.45 24.05 497.00 124.61 059.30 742.59 30.90 59.91 9.40 DM 92.00 Deposts and Credits 600.25 711.43 Account Number 53-9072-3 No. Deposits Checks Paid No Chacks 6 22 4,537.22 Enclosures On This Daro 29 9/30/2014 940.00 C 609.47 Bank services charges are not shown on a bank statement. Deposits will be shown as debits on a bank statement. Dam 9/5 9/7 9/9 9/9 9/12 9/15 9/10 9/19 9/21 9/24 Interest revenue will be shown as a credit on a bank statement. G Balance 5,339.44 4,593.36 4,426.22 3,406.97 2,770.01 2,706.00 2,609.72 3,541.32 4,169.39 3,079.00 3.726.29 3,413.42 Checks that a company has written are shown as credits on a bank statement. Sav

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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CRA DENIS- Ward (Pruduit Atation Faileit) REFERENCES MAILNGS REVIEW VEW EE 91 E 1Normal 1No Spac Heading t Heading 2 Tele Paragraph Styles a) An entity has to maintain its records property so that the business can run efficiently and that management can look at the accounts to see how the business is performing. Hank reconciliation statements ate prepared to determine the differences between the cash book and the bank statement. REQUIRED: Explain four main purposes of preparing a bank reconcilation statement. b) You are working as accounting trainee employed by Masumbuko Ltd. One of your duties is to prepare bank reconcilaticin, the bank statement sent to you on monthly basas by the local branch of the CBD bank pic. On 30th lunie 2015 the cash book balance showed an overdraft of TZ5.60,000,000 whilst the bank statement showed that on the same date Masumbuko Lta has TZ5.620,000,000 in credit with the bank Checking through both the cash book and the bank statement you discover the…
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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…
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3:12 ull 4G O Not Secure - moodle.asu.edu.om 50 11 P Flag question Which one of these principles is considered for cash disbursement control: Select one: a. Rarely compare checks to invoices b. Print check amount by machine c. Same staff approve and make payment d. Reconcile bank statement annually Previous page Next page ( Recievable Practice Problems Answers Jump to...