Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

off E conect r 5 Quiz E5 5 Preparing a Bank Reconcillation and Journal Entries a

ID: 2549824 • Letter: O

Question

off E conect r 5 Quiz E5 5 Preparing a Bank Reconcillation and Journal Entries and Reporting Cash Lo4 The following nformation applies to the questionis displayed below Hils Company's June 30 bank statement and the June leager eccount for cash nre summarzed BANK STATEMENT Balance, June 1 Deposits during June Checks cleared during June Bank service charges Balance, June 30 17,90050 25,080 6,080 $30 6.050 6.060 $19.000 June 1 Balance JuneDeposits 6.790 18 800 9 300 Checks written June June 30 Balance 6,290 References and Joumal Ent ES-5 Preparing a Bank Reporting Cash ILO 541 Section Break Cancel

Explanation / Answer

BANK RECONCILIATION STATEMENT Bank Statement Ending balance as per bank Statement 6050 Ending balance as per Books 6290 Additions: Additions Deposits in transit 900 6950 6290 Less: Less: Outstanding checks 690 Service charges 30 Adjusted balance as perr bank statement 6260 6260 Journal Entries: Service Charges expense Dr. 30       Cash Account 30 Balance of cash in books after reconciliation: 6260 Total cash balance to be shown in Balance Sheet as on June30: Cash balance 6260 Petty Cash 280 Total cash to be shown in balance Sheet 6540

Related Questions

of the moles of solute per liters of solution. The M for a solution can be calcu
Question #104073
of the mother increases. For women under the age of 30, how many infants with Do
Question #216889
of the natural a The flow of greenhouse efirgy shown in Figures 3 and 4 is the s
Question #288537
of the players and coaches, most layer players and 2.ches) were practicing on th
Question #3062695
of the primary tasks when writing a program is to analyze the intitial problem a
Question #3752664
of the questions remains unanswered. point) Consider the following two systems.
Question #3038854
of the radio tre Student/Assignment-Responses/submit?dep 17819206 how to get bri
Question #1874831
of the rewards program. You randomly select 10 college students and ask each to
Question #2908351

Navigate

Previous
off 5. Drum stands 6 Rent cost of equipment for sales staff 7.Upper management s
Next
off Review View ACROBAT tiple Pages e Width Window AlI I Synchronous Sarolling E

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.