Operation to be done to complete reconciliation

Assignment Help Financial Accounting
Reference no: EM1310749

Components of or items in bank reconciliation with example and operation to be done to complete reconciliation.

In preparing bank reconciliation, give an example of a type of item (ex. Outstanding Check, Bank Service Charge, etc.) that would fit each of the following categories: (Type your answers in the table below)

A.Deduction from the Bank Balance

 

B.Addition to the Bank Balance

 

C.Deduction from the Book Balance

 

D.Addition to the Book Balance

 

 

Reference no: EM1310749

Questions Cloud

Computation of degree of combined leverage : Computation of Degree of operating leverage and financial leverage & combined leverage and EPS if sales level declined.
Should beryl''s iced tea continue to rent : Purchase a new, more advanced machine for $250,000. This machine will require $15,000 per year in ongoing maintenance expenses and will lower bottling costs by $10,000 per year. Should Beryl's Iced Tea continue to rent, purchase its current machine..
Non-provisional and provisional patent : Explain the difference between the non-provisional and the provisional patent.
Risks in the development of wearable pda : Assume an entrepreneur is proposing in order to design a wearable PDA which is unobtrusive and responds to the voice commands.
Operation to be done to complete reconciliation : Components of or items in bank reconciliation with example and operation to be done to complete reconciliation.
Computation of amount to be invested each year : Computation of Amount to be invested each year for a target future value and Net Present Value of alternate investment options.
Researcher of degree of tastiness : Participants indicate the degree of tastiness on a 10 point scale and the ratings appear in the given table. Tastiness scores tend to be skewed.
Prepare a bank reconciliation statement : Preparation of Bank Reconciliation Statement given the items and entries affecting the respective balances and Using the information below, prepare a bank reconciliation statement
Function to input the 20 integers in the range of 1 to 6. : In C Write down the main function in order to input the 20 integers in range of 1 to 6. Write down a function in order to count number of times the numbers 2 and 5 occur.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a computer credit memo

Prepare a computer credit memo that reduces the customer's account balance by the same amount

  Average cost per unit as a performance measure

What problems are related with using the average cost per unit as a performance measure and what problems are related with using the variable cost per unit as a performance measure?

  Prepare the current liability howell company''s balance sheet

Prepare the current liability section of Howell Company's balance sheet, assuming $25,000 of the mortgage is payable next year. Comment on Howell's liquidity, assuming total current assets are $450,000.

  Determine the current yield curve based on the information

Determine the current yield curve based on the information

  What will be his cash flow in the proposed capital structure

Mr. Dimitry owns 1000 shares of equity. What is his cash flow in its current capital structure (leveraged D/E = 2.3) What will be his cash flow in the proposed capital structure (levered) if he keeps all his 1,000 shares

  Evaluate the new breakeven point in trades

Use the income statement equation approach to evaluate the dollar revenues needed to earn a target monthly operating income of $12,600. Evaluate the new breakeven point in trades. How does this affect the breakeven point?

  Prepare a bank reconciliation statement

Preparation of Bank Reconciliation Statement given the items and entries affecting the respective balances and Using the information below, prepare a bank reconciliation statement

  Evaluate the income taxes

Complete the flexible budget at the 90,000-unit level of activity. Consider that the cost of goods sold and variable operating expenses vary directly with sales and that income taxes remain at 30 % of operating income.

  Evaluate of an equation for electricity cost

Evaluate of an equation for electricity cost (Y) as a function of units produced (X) using the high-low method and using that equation, forecasting electricity cost at a specified volume units produced.

  Definition of primary and secondary market

Definition of Primary and Secondary Market and identification of their role in Finance.

  Determine the balance in the income taxes payable account

Determine the balance in the income taxes payable account at 31 st December, 2007.

  Prepare the literature review

Prepare the literature review

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