Prepare a bank reconciliation at august

Assignment Help Accounting Basics
Reference no: EM132832175

Question 1: On August 31, Pharoah Company had an unadjusted cash balance of $7,100. An examination of the August bank statement shows a balance of $5,860 on August 31, bank service charges of $38, deposits in transit of $2,650, interest earned of $13, outstanding cheques of $1,615, and an NSF cheque of $180. Prepare a bank reconciliation at August 31.

Reference no: EM132832175

Questions Cloud

How is data analytics different from statistics : Analytics tools fall into 3 categories: descriptive, predictive, and prescriptive. What are the main differences among these categories?
What typical period costs would expect chosen type : What overhead allocation base would you suggest for the company to use? What typical period costs would you expect chosen type of business to incur?
List four nonverbal characteristics of culture : List four nonverbal characteristics of culture that you must understand when engaging in negotiations overseas.
What is the new balance sheet of the bank : Now suppose that on October 31, 2012, the yield curve shifts parallel such that all yields rise to 12%. What is the new balance sheet of the bank
Prepare a bank reconciliation at august : Prepare a bank reconciliation at August 31. An examination of the August bank statement shows a balance of $5,860 on August 31
BUSA8090 Data and Visualisation for Business Assignment : BUSA8090 Data and Visualisation for Business Assignment Help and Solution, Macquarie University - Assessment Writing Service
Demonstrate critical thinking : In your original post and your response to at least two of your peers, demonstrate critical thinking, contribute something new to the discussion
What will the population of Cherryville be in the year : Suppose the population of Cherryville was 387,458 in 2007, but by 2017 it had fallen to 102,497. What will the population of Cherryville be in the year
Are evaluations of the work in the review : Are there parts of the review that accomplish some other purpose, than presenting an evaluation? Explain your answer (e.g., why did you say)

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the total value assigned to the new piece

The new piece of equipment is expected to have a 10 year life and a salvage value of $15,000. What is the total value assigned to the new piece of equipment

  How many equivalent units for conversion costs

How many equivalent units for conversion costs were in process March using the weighted average method

  Prepare a bank reconciliation as of september thirty

McDermott Company's bank statement for September 30 showed an ending cash balance of $1,378. Prepare a bank reconciliation as of September 30.

  Determine the inventory turnover for dell and boeing

The following data were taken from recent annual reports of Dell Inc., a vendor of personal computers and related technology products, and Boeing Co.

  How important is the enforcement of financial reporting

How important is the enforcement of financial reporting requirements in promoting high quality reporting? Will further regulation prevent deliberately

  Which accounts would not be closed by a merchandising

Which accounts would not be closed by a merchandising entity that uses the perpetual inventory system? Cost of Goods Sold. / Sales Returns and Allowances

  Find the industry ratios for the company using the dun

Find the industry ratios for the company using the Dun and what cash flow is and why cash is so important to a business. Include in your analysis the cash that ICS maintains on hand and whether it is sufficient or not.

  Compute lindstrom weighted-average unit contribution margin

Lindstrom Company produces two fountain pen models. Determine Lindstrom's weighted-average unit contribution margin & weighted-average contribution margin ratio

  Tony and suzie are ready to expand great adventures even

tony and suzie are ready to expand great adventures even further in 2013. tony believes that many groups in the

  What amount can maria deduct as medical expenses

What amount can Maria deduct as medical expenses (after the adjusted gross income limitation) in calculating her itemized deductions for 2019?

  Calculate the manufacturing cost per unit for each product

Sullivan Company produces mathematical and financial calculators and operates at capacity. Calculate the manufacturing cost per unit for each product.

  Expectations by making customers feel important

What approach is used to selling that involves meeting and exceeding customer expectations by making customers feel important, identifying their needs, and finding solutions to best fulfill those needs.

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