User Account

All Pages

Prepare bank reconciliation for jade company for june

Assignment Help Accounting Basics
Reference no: EM132031074

Question - The following information is available for Jade Company for the month ending June 30, 2014.

Balance as per the bank statement is $11,240.

Balance as per books is $10,200.

Check #506 for $1,200 and check #510 for $900 were not shown on the June 30, bank statement.

A deposit in transit of $3,110 had not been received by the bank when the bank statement was generated.

A bank debit memo indicated an NSF check for $85 written by Jane Smith to Jade Company on June 13.

A bank credit memo indicated a note collected by the bank ok $2,100 and interest revenue of $55 on June 20.

The bank statement indicated service charges of $20.

Prepare bank reconciliation for Jade Company for June 30, 2014.

Reference no: EM132031074

Questions Cloud

What is the current stock price of mineral water : Pasqually Mineral Water, Inc., will pay a quarterly dividend per share of $1.40 at the end of each of the next 12 quarters. Thereafter, the dividend will grow.
To what extent do they satirize conventional drama : To what extent do they satirize conventional drama? What elements of Dadaist concept of art do they reflect?
Popular notions of ideal female beauty in the us : Popular notions of "ideal" female beauty in the U.S. have often associated that ideal with both thinness and whiteness
Population at risk for heart disease by gender and age : Describe the frequency in the population by determining the population at risk for heart disease by gender and age.
Prepare bank reconciliation for jade company for june : The bank statement indicated service charges of $20. Prepare bank reconciliation for Jade Company for June 30, 2014
How does functionalism differs from conflict theory : How does functionalism differs from conflict theory. and how does the two theories would differ in their understanding of inequality?
Explain at least one version of social contract theory : Explain the idea that society should be based on virtue by discussing Confucius, Plato, and /or Aristotle.
Why does gender pay gap exist in this country : Why does gender pay gap exist in this country? What are the problems associated with having this gap?
What language did your or their relatives speak : Were you or any of your or their family being researched have family that was adopted? How has this impacted your/their ability to know your history.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Examine joes and sallys strategies by drawing the profit

joe finance has just purchased a stock index fund currently selling at 1200 per share.to protect against losses joe

  Why is cost accounting so important to the success of the

why is cost accounting so important to the success of the firm? what are the various methods of cost accounting and how

  Problem regarding the professional conduct rules

Which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)? Cite the specific verse(s) for at least one Biblical principle that you feel is relevant to the situation (explain how and why it applies).

  Calculate the direct labor rate and efficiency variances

The production manager budgets four direct labor hours per cello. Calculate the direct labor rate and efficiency variances

  Prepare the journal entry to reflect the disposition of boat

Review the following three independent cases, and prepare the journal entry to reflect the disposition of the boat in each case.

  Discuss journalize the transactions

Schrager Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials

  What are some of characteristics of capital project funds

What criteria must be met before revenues can be recognized on a modified accrual basis? What is the rationale for these criteria

  What balance sheet format does your company use

Using the Annual Report of American Airlines answer the following questions: What balance sheet format does your company use

  Compute the degree of operating leverage at the current

What is the product's CM ratio? Use the CM ratio to determine the break-even point in dollar sales. Due to an increase in demand, the company estimates that sales will increase by $55,000 during the next year. By how much should net operating income ..

  What is the current break-even point in units

The manager of Calypso, Inc. is considering raising its current price of $35 per unit by 10%. What is the current break-even point in units

  Prepare the journal entries on 30 september 2015

Prepare the journal entries on 30 September 2015 in the general journal of LEPARA Traders to prepare for the admission of Lenyora as a partner, and to record the dissolution of LEPARA Traders. Apply the accounting procedure which is based on the l..

  Production beginning inventory 1600 units that are 100

production beginning inventory 1600 units that are 100 complete as to materials and 30 complete as to conversion costs

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