You are given the following information, from unrelated situations: 31/12/21 Cash Received for Subs in Arrears Subs in Advance Subs in Advance Subs in Arrears Subs Net of GST Subs Charged 31/12/21 01/01/21 01/01/21 to Members ? 640 540 730 950 14,000 6,000 350 400 370 460 ? 17,150 1,140 ? 1,050 1,200 17,400 (d) 19,200 ? 250 1,300 1,450 21,700 Which of the below answers contains the correct missing amounts? Select one: (a) 14,120; (b) 2,900; (c) 740; (d) 5,860 (a) 14,120; (b) 5,860; (c) 740; (d) 2,900 (a) 12,230; (b) 8,450; (c) 1,105; (d) 1,600 (a) 15,279; (b) 4,995; (c) 570; (d) 2,420 The following summary of cash transactions is given for the Sydney Sports Club for the year ended 30 June 2021: Cleaning Donations received $200 250 Equipment purchases Improvements to clubhouse 3,000 2,975 Interest on investments 390 Investment in Bonds 4,000 Magazine advertising revenue 3,400 Members subscriptions 8,040 Printing and stationery 1,175 Refreshment purchases 1,600 Refreshment sales 4,700 Additional information: Cash at Bank balance 01/07/2020: $6,600 The Cash at Bank Balance 30 June 2021 would be: Select one: 16,780 6,600 3,830 10,430
You are given the following information, from unrelated situations: 31/12/21 Cash Received for Subs in Arrears Subs in Advance Subs in Advance Subs in Arrears Subs Net of GST Subs Charged 31/12/21 01/01/21 01/01/21 to Members ? 640 540 730 950 14,000 6,000 350 400 370 460 ? 17,150 1,140 ? 1,050 1,200 17,400 (d) 19,200 ? 250 1,300 1,450 21,700 Which of the below answers contains the correct missing amounts? Select one: (a) 14,120; (b) 2,900; (c) 740; (d) 5,860 (a) 14,120; (b) 5,860; (c) 740; (d) 2,900 (a) 12,230; (b) 8,450; (c) 1,105; (d) 1,600 (a) 15,279; (b) 4,995; (c) 570; (d) 2,420 The following summary of cash transactions is given for the Sydney Sports Club for the year ended 30 June 2021: Cleaning Donations received $200 250 Equipment purchases Improvements to clubhouse 3,000 2,975 Interest on investments 390 Investment in Bonds 4,000 Magazine advertising revenue 3,400 Members subscriptions 8,040 Printing and stationery 1,175 Refreshment purchases 1,600 Refreshment sales 4,700 Additional information: Cash at Bank balance 01/07/2020: $6,600 The Cash at Bank Balance 30 June 2021 would be: Select one: 16,780 6,600 3,830 10,430
Chapter7: Payroll
Section: Chapter Questions
Problem 3.6C
Related questions
Question
Transcribed Image Text:You are given the following information, from unrelated situations:
31/12/21
Cash Received for Subs in Arrears Subs in Advance Subs in Advance Subs in Arrears
Subs Net of GST
Subs Charged
31/12/21
01/01/21
01/01/21
to Members
?
640
540
730
950
14,000
6,000
350
400
370
460
?
17,150
1,140
?
1,050
1,200
17,400
(d)
19,200
?
250
1,300
1,450
21,700
Which of the below answers contains the correct missing amounts?
Select one:
(a) 14,120; (b) 2,900; (c) 740; (d) 5,860
(a) 14,120; (b) 5,860; (c) 740; (d) 2,900
(a) 12,230; (b) 8,450; (c) 1,105; (d) 1,600
(a) 15,279; (b) 4,995; (c) 570; (d) 2,420
Transcribed Image Text:The following summary of cash transactions is given for the Sydney Sports Club
for the year ended 30 June 2021:
Cleaning
Donations received
$200
250
Equipment purchases
Improvements to clubhouse
3,000
2,975
Interest on investments
390
Investment in Bonds
4,000
Magazine advertising revenue
3,400
Members subscriptions
8,040
Printing and stationery
1,175
Refreshment purchases
1,600
Refreshment sales
4,700
Additional information:
Cash at Bank balance 01/07/2020: $6,600
The Cash at Bank Balance 30 June 2021 would be:
Select one:
16,780
6,600
3,830
10,430
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Accounting Information Systems
Finance
ISBN:
9781337552127
Author:
Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub