Accounting: What the Numbers Mean
Accounting: What the Numbers Mean
11th Edition
ISBN: 9781259535314
Author: David Marshall, Wayne William McManus, Daniel Viele
Publisher: McGraw-Hill Education
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Chapter 5, Problem 5.9E
To determine

Concept Introduction:

Bank Reconciliation:

Bank reconciliation is the process in which the entity reconciles its cash entries in accounts with the entries in bank statement issued by the bank. The entity prepares bank reconciliation statement and it has two sides; Bank Side and Cash side

Requirement-a:

To Prepare:

The Adjusting journal entries for bank reconciliation

To determine

Concept Introduction:

Bank Reconciliation:

Bank reconciliation is the process in which the entity reconciles its cash entries in accounts with the entries in bank statement issued by the bank. The entity prepares bank reconciliation statement and it has two sides; Bank Side and Cash side

Requirement-b:

The amount of Cash to be included in Oct. 31 balance sheet

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Preserved belonging schedule for Sunland Company December 31, 2006 Number of DayPart De Nos Customer Ya Du Over 90 1-30 25-60 65-90 $21,900 $10,100 $11,000 24.500 554 500 55,300 15,000 6,000 354.000 Delon 820,100 96400 16,500 6,000 $900 $150,000 $20,000 $25,000 84000 829,700 Perceng Unco 1 Todd D December 1, 2006, the und)sed boloncellence for Doub Journal and using every for uncollecables December 1, 2016 Credit account titles are automatically indented when mount entered. Do not indent manually debit entry before credit entry) Date Dec. 31 Account Titles Debit Credit End Date Expense Date Explanation Rat. Debit Credit Balance Dec. 31 Adjusting Allowance for Doubtful Accounta Date Explanation Rat. Debit Credit Balance Dec. 31 Glance Dec. 31 Acting Textbook and Media
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Accounting: What the Numbers Mean

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