Information be included on the bank reconciliation

Assignment Help Financial Accounting
Reference no: EM13823219

A check of $75 deposited by a company was returned to the bank for nonsufficient funds. How would this information be included on the bank reconciliation?

A deduction on the bank side

An addition on the bank side

An addition on the book side

A deduction on the book side

Reference no: EM13823219

Questions Cloud

How can managers prepare themselves to make right decision : Consider how you make decisions - Do you change your decision-making style or process depending on the perceived importance of the decision?
Net value of trading investments on the balance sheet : On November 15, 2011, Beta Company purchased 500 shares of Aquarium Suppliers Corporation for a short term investment at $60 per share. (Aquarium Suppliers has 1,000,000 shares of common stock issued and outstanding.) At December 31, 2011, the market..
Describe fatal accident on a construction site : A recent fatal accident on a construction site resulted in the company owner and supervisor being sentenced to jail time. Do you agree or disagree with this action. Why, or why not
Processing time-staff hours data for durham health clinic : Using the data provided inTable 8-5 in your textbook, determine the production frontiers for the Durham Health Clinic. Which station should be expanded to increase the overall capacity of the clinic, and why?
Information be included on the bank reconciliation : A check of $75 deposited by a company was returned to the bank for nonsufficient funds. How would this information be included on the bank reconciliation?
Entry in journal form to record the transfer of ownership : After the partnership has been operation for a year, the Capital accounts of Bob and Kim are $15,000 and $10,000, respectively. Sonia buys a one-fourth interest in the partnership by investing cash of $5,000. What will be the Capital account balances..
How can nurse practitioner best respond to couple inquiry : The couple have approached their nurse practitioner with this request and are seeking clarification of exactly why stem cells are valuable and what they might expect to gain from harvesting them. How can the nurse practitioner best respond to the ..
Real examples of how studying ecology : Using abiotic and biotic examples, give real examples of how studying ecology can explain extinction of a species. Use at least two different organisms in your examples of species that are extinct.
What can the analyst conclude given information : An analyst gathered data and counted the number of run with respect to the median. There were 60 observations and 22 runs. what can the analyst conclude given information?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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