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

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

A project requires an investment of $900 and has a net present value of $300. If the internal rate of return is 14%, what is the profitability index for the project? Note: Round your answer to 2 decimal places.
4. What is Multicollinearity? a. What are the consequences of multicollinearity?
what are the solutions for questions 4 & 5?
Could you please answer question 4 and 5?
But why? for number 3
b. Discuss the effect on c and p, when there is an increase in: i. So ii. iii. O K
How do I solve this
6 The main difference between US GAAP and IFRS is?
Define Rule of 78