User Account

All Pages

Prepare a bank reconciliation for dec

Assignment Help Accounting Basics
Reference no: EM133182292

Question - On December 31, 2021, the data on PT Sejahtera Raya's bank account in the books is 136,070 while in the company's money bank account is 125,000.

There are four reconciling items:

Deposit in transit of $20,000, made on 31 Dec 2021 received in the bank on 2 Jan 2022.

Outstanding Checks, no. 307 for $5,000, no. 308 for $1,000, and no. 309 for $2,000.

Error, company wrote check and cashed $1,000 but recorded $1,100.

Bank memorandum, Debit incoming money from Customer PT. RRY $1,300, interest income $40, Check disbursed to vendor company PT Unggas for $500, and bank administration fee $10.

Required - Prepare a bank reconciliation for 31 Dec 2021?

Reference no: EM133182292

Questions Cloud

Calculate the maximum claim allowed claim for penny : Penny works in her office at home 40 hours a week due to COVID. Calculate the maximum claim allowed D5 claim for Penny
Calculate carter assessable income amount : Carter is a plumber who earned income during the year from various sources. $45,000 Wages & Salary. Calculate Carter assessable income amount
What is the amount of the annual payment : The lease involves an immediate down payment of 10 000 eur followed by 4 equal annual payments. What is the amount of the annual payment
Calculate equivalent units of production - conversion cost : BTS Products Company uses an automated process to manufacture its pet replica products. Calculate the Equivalent Units of Production - Conversion Cost
Prepare a bank reconciliation for dec : Deposit in transit of $20,000, made on 31 Dec 2021 received in the bank on 2 Jan 2022. Prepare a bank reconciliation for 31 Dec 2021
Current financing and reimbursement models : Evaluate the current financing and reimbursement models within the U.S. healthcare delivery system.
What is the net financial benefit from alternative three : Contribution margin from additional sales of Product B is estimated to be $70,000. What is the net financial benefit from Alternative three
Long-term or short-term performance : Determine whether stock prices are affected more by long-term or short-term performance. Provide an example of the effect that supports your claim.
About risk and return indicated by different bond ratings : Calculate the present value of the payments you will receive. Compare the information about risk and return indicated by different bond ratings.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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