4 Waterway, Inc. had the following bank reconciliation at March 31, 2020:Balance per bank statement, 3/31/20Add: Deposit in transitLess: Outstanding checksBalance per books, 3/31/20Data per bank for the month of April 2020follow:DepositsDisbursements$36600O $25050O $31100O $29350O $263506240428408540$34300$4720050400All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $6050. There were nodeposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?

The bank reconciliation statement is prepared to equate the balances of cash book and pass book with…

Waterway, Inc. had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/20 Data per bank for the month of April 2020 follow: Deposits Disbursements O $25050 O $31100 $36600 O $29350 O $26350 6240 42840 8540 $34300 $47200 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $6050. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020? 50400

Waterway, Inc. had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/20 Data per bank for the month of April 2020 follow: Deposits Disbursements O $25050 O $31100 $36600 O $29350 O $26350 6240 42840 8540 $34300 $47200 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $6050. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020? 50400

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 6EA: The bank reconciliation shows the following adjustments: Deposits in transit: $852 Notes...

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The following information pertains to Cuay Corporation, whose deposits in transit totaled P49,000 at December 31, 2020: Cuay Corporation BANK RECONCILIATION November 30, 2020 P 435,000 Balance per bank statement Less: Outstanding checks Check No. 4321 Check No. 4329 Check No. 4340 P 6,000 15,000 1,700 4,675 27,375 P 407,625 16,200 P 423,825 Check No. 4341 Total Add: Deposits in transit Balance per books CHECK REGISTER December 2020 Vouchers Date Payee Check No. Discount Cash Payable P 10,000 4,200 3,755 12,000 96,000 San Beda, Inc. Miriam Corporation Dec. P 9,500 4,200 3,755 11,880 4342 4343 500 3 UE Enterprises 12 PSBA Corporation 15 Payroll 16 BU, Inc. 18 New Era Company UST, Inc. 22 Petty cash fund 28 Payroll 7 4344 4345 4346 120 96,000 6,300 14,058 7.000 10,000 98.000 P 260,693 4347 4348 6,300 14,200 7,000 10,000 98,000 142 21 4349 4350 4351 Total P 261,455 P 762 BANK STATEMENT BANKABLE BANK PERIOD: November 30, 2020 to December 31, 2020 Page 1 of 1 No.: 001-43-44 Description…