User Account

All Pages

Prepare a bank reconciliation on October

Assignment Help Accounting Basics
Reference no: EM132635352

Question - Simalan Drive Company's October 31, 2017 bank statement showed a cash balance of $82,370.68 while the company's general ledger Cash account for the same date showed a balance of $87,612.68.

A bank deposit of October 31 for $7,211.10 does not appear on the bank statement.

Cheques # 920 for $947.29, # 991 for $2,843.50, # 1030 for $1,971.34 and # 1064 for $824.66, written in October, had not cleared the bank during October.

Bank service charges for the month were $32.26 which is not recorded by the company

An NSF Cheque for $ 5,200.75 for a customer's cheque returned

A credit memo for $615.32 representing interest income collected by the bank for the company.

Required - Prepare a bank reconciliation on October 31, 2017.

Reference no: EM132635352

Questions Cloud

Cloud-based data storage solution for your company : Discussion board, create a post where you assume that you must select a cloud-based data storage solution for your company.
Explain archaeal adaptions : Explain archaeal adaptions that place them in a category of extremophiles
How iaas facilitates system redundancy and load balancing : Create a paper that compares and contrasts how IaaS facilitates system redundancy and load balancing.
How the scope of the question : What do you like about the theory they chose? Are they interpreting the theory we learned in class correctly? Do you think a different theory
Prepare a bank reconciliation on October : A bank deposit of October 31 for $7,211.10 does not appear on the bank statement. Prepare a bank reconciliation on October 31, 2017
What emerging technologies can be used in evaluation process : This week you learned about the importance of technology and the role it plays in the evaluations process. Conduct research using the internet to determine.
Describe two cells with atypical cell walls : Describe two cells with atypical cell walls. Why is this information so important to know, esp. in the medical field?
Question - Identify accounts to be debited and credited : Transactions for the Tage Oslo Company for the month of June are presented below. Identify the accounts to be debited and credited for each transaction
Cancer epidemiology and risk factors : Outline the common risk factors associated with the development of cancer. Outline the grading/staging of tumors

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the amount of the first monthly payment

Assuming the payments begin immediately, determine the amount of the first monthly payment that T must include in gross income

  Equipment with a useful life of 5 years and a residual

equipment with a useful life of 5 years and a residual value of 6000 was purchased on january 3 2006 for 48500. the

  Calculate the cost per haircut

A local barbershop cuts the hair of male customers, the barbers offer no special styling. Calculate the cost per haircut

  Determine the optional planting mix of corn and soybeans

A farmer in Wood County has 900 acres of land. She is going to plant each acre with corn, soybeans, or wheat. Each acre planted with corn yields a $2,000.

  For a recent 2-year period the balance sheet of metal pro

for a recent 2-year period the balance sheet of metal pro company showed the following stockholders equity data at

  Examine the impact of cyberattacks on potential investors

Examine the impact of cyberattacks on potential investors in a public company. Provide support for your recommendation

  On january 2 2012 indian river groves began construction of

on january 2 2012 indian river groves began construction of a new citrus processing plant. the automated plant was

  Complete the following table indicating the effects account

after finishing her first year of operations nicole used the debt-to-assets asset turnover and net profit margin ratios

  What is the total relevant cost related to mega-comm

For the Thomopolis Corporation, for this decision, what is the total relevant cost related to Mega-Comm

  Prepare worksheet entries for the business transactions

Transactions for July 2019 were as follows: July 2 Received $2800 from accounts receivable. Prepare worksheet entries for the business transactions

  Dividends received from the securities

An alumnus donates securities to St. Aloysius College, a private college, and stipulates that the principal be held in perpetuity and income from the securities be used for faculty travel. Dividends received from the securities should be recognize..

  Discuss what is flowers current e&p

What form would Flower use to report nondividend distributions,

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