Bank reconciliation benson plastics company deposits all

Reference no: EM13608590

Bank reconciliation Benson Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $26,746 Add: Deposits in transit 2,100 Deduct: Outstanding checks (3,800) Balance per books $25,046 Month of April Results Per Bank Per Books Balance April 30 $27,995 $28,855 April deposits 10,784 13,889 April checks 11,600 10,080 April note collected (not included in April deposits) 3,000 -0- April bank service charge 35 -0- April NSF check of a customer returned by the bank (recorded by bank as a charge) 900 -0-

Instructions

(a) Calculate the amount of the April 30: 1. Deposits in transit 2. Outstanding checks

(b) What is the April 30 adjusted cash balance? Show all work. can someone help me? i'm not good at bank recs

Reference no: EM13608590

Questions Cloud

In 2003 a construction materials manufacturing company : in 2003 a construction materials manufacturing company construct purchased a tract of property located in new york city

The current price of microsoft corps stock is 45 the : the current price of microsoft corps stock is 45 the annual risk-free rate is 1.3 and a 1-year call option with a

An electric moter drivers an axial fan assuming that the : an electric moter drivers an axial fan assuming that the desired air velocity 65degree f existing the fan is 50mph and

The cost accountant for blue pharmaceuticals has informed : the cost accountant for blue pharmaceuticals has informed you that the companys materials quantity variance for the

Bank reconciliation benson plastics company deposits all : bank reconciliation benson plastics company deposits all receipts and makes all payments by check. the following

The companys equipment all of which was purchased on june 1 : the companys equipment all of which was purchased on june 1 cost 95000 with an estimated residual or salvage value of

Tracy owns a nondepreciable capital asset held for : tracy owns a nondepreciable capital asset held for investment. the asset was purchased for 250000 six years earlier and

A long-distance cyclists back tire sometimes pops during : a long-distance cyclists back tire sometimes pops during long rides. because the cyclist knows that her tire has a

Lower-of-cost-or-market at 123110 the end of jenner : lower-of-cost-or-market at 123110 the end of jenner companys first year of business inventory was 4100 and 2800 at cost

User Account

All Pages