EBK INTERMEDIATE ACCOUNTING: REPORTING
2nd Edition
ISBN: 9781337268998
Author: PAGACH
Publisher: YUZU
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Chapter 6, Problem 21E
1.
To determine
Prepare a schedule to ascertain the cash balance of corporation G on August 3, before any required adjustment.
2.
To determine
Prepare a bank reconciliation to ascertain the cash balance of Corporation G, as on August 31, 2016.
3.
To determine
Journalize entries to make the cash account balance of Corporation G up to date.
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The following are extracts from the cash book and the bank statement of K. Brown. You are
required to:
(a) Write the cash book up to date and state the new balance as on 30 September 2020.
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Cash Book
2020
Sep 1 Balance b/f 12000
Sep.9 R. Warren
Sep. 25 L Hughes
Sep. 26 U. Baker
Sep. 28 Y. York
Sep. 29 C. Smith
2005
Sep. 9 A. Burton 4500
Sep. 10 R. Myers
Sep. 24 K, Hensley 320
Sep. 27 C. Kerr
Sep 29 K. King
Sep. 30 Bal c/d
450
1130
575
405
520
860
400
340
14630
7760
12395
Oct 1 Bal bif
7760
Bank Statement
2020
Dr
Balance
Sep 1 Balance b/f
Sep. 9 R. Warren
Sep. 9 A. Burton
Sep. 15 R. Mason
Sep. 25 L. Hughes
Sep. 23 R. Brooks
Sep. 24 P. Peart
Sep. 28 Y. York
Sep. 28 K. Campbell
Sep. 29 K. King
12000
450
12450
4500
7950
1230
6720
575
500
7295
7795
870
6925
7785
860
800
8585
400
8185
Chapter 6 Solutions
EBK INTERMEDIATE ACCOUNTING: REPORTING
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