How is this presented in the bank reconciliation

Assignment Help Accounting Basics
Reference no: EM132724799

Question - The following information is associated with Z Company as at 31 December xxxx

Accounts Receivable $400

Balance per bank $1,882

Loans Payable (Bank) $68

Balance per books $932

Inventory $350

Bank Service charge $62

Money deposited but not yet credited by the bank: $53 $75 $88

Check withdrawn but not yet encashed: $480 $350 $398

Required - Using the information given above, how is this presented in the bank reconciliation?

Reference no: EM132724799

Questions Cloud

Differences in servant leadership in different cultures : Please explain the differences in servant leadership in different cultures.
How much is the after-tax cost of debt : How much is the after-tax cost of debt? If company's total equity is $2,500,000, how much is the target total liabilities? How much is after-tax cost of equity?
List out five possible activities : Employee empowerment could be viewed in both positive and negative perspective.
What is the duration of a portfolio invested : What is the duration of a portfolio invested 50% in 10-year zero coupon bonds and 50% 2-year zero coupon bonds - The duration of a coupon bond with X maturity
How is this presented in the bank reconciliation : The following information is associated with Z Company as at 31 December xxxx - how is this presented in the bank reconciliation
Find what amounts are dividends and dividends payable : July 10 Paid the $1.50 cash dividend. At what amounts are dividends and dividends payable reported in the financial statements prepared at December 31?
Organizational chart of the management of organization : Choose and put together an organizational chart of the management of the organization.
Nextgen and unmanned air vehicles : Describe the advantages of NextGen Technology and why it is important that it be implemented in our National Airspace.
Find the total research and development costs : Trouble-shooting in connection with break-downs and quality control during commercial production 150,000. Find the total research and development costs

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine what is the average accounts receivable

What is the average Inventory? What is the average Accounts Receivable? Round your answers to the nearest integer. Enter your answer in thousands of dollars.

  The variable rate is reset at the end of each year

Compute the net interest expense to be reported for this note and related swap transactions as ofDecember 31, 2010.

  Use of guaranteed payments in partnership

What kind of situation would make guaranteed payments a logical way of starting a two-person partnership?

  Experiences that employers seek from Corporate Accountants

HI5020 Corporate Accounting Assignment Help and Solution, Assessment Title - Qualifications and experiences that employers seek from Corporate Accountants

  What is res estimated warranty payable

Roy Electric (RE) owed Estimated Warranty Payable of $1, 200 at the end of 2015. What is RE's Estimated Warranty Payable at the end of 2016?

  Evaluate council accounting policy for its library

Critically evaluate the council's accounting policy for its library collection. Discuss how these costs should be accounted for in books of MyNextProblem Ltd

  Amount of unrealized intercompany profit

The amount of unrealized intercompany profit which should be eliminated in the consolidation process at the end of 2006 is:

  Evaluate the level of responsibility of the company

Acc 564 accounting information system -Evaluate the level of responsibility of the company in terms of the effectiveness of the response to the security breach

  What is the maximum total depreciation

What is the maximum total depreciation, including §179 expense, that TDW may deduct in 2019 on the assets it placed in service in 2019

  Compute the company current ratio

Compute the company's current ratio

  Describe the sources of information

It has been found by researchers that P/E and profitability ratios are not necessarily highly correlated positively or negatively.

  Discuss ways firms establish barriers to entry and explain

Discuss ways firms establish barriers to entry and explain how they benefit firms but not consumers.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd