User Account

All Pages

Prepare the bank reconciliation statement as at November

Assignment Help Accounting Basics
Reference no: EM133116263

Question - Blossom Dating Services received its bank statement for the month of November.

It showed that the business has a credit balance of $17,100 as at 30 November 2021. Upon reviewing, the business discovered that deposit of $4,500 made on 30 November was not yet credited by the bank.

It also discovered that a cheque of $660 received from a customer was erroneously added as $606 by the bank.

In addition, the following issued cheques have not been presented to the bank:

Cheque No.

Amount($)

424

505

431

1,230

434

2,100

Required - Prepare the bank reconciliation statement as at 30 November 2021.

Reference no: EM133116263

Questions Cloud

Calculate the contribution of asset allocation : A. How has the Fund performed relative to the Index over the year? You should calculate the excess return to the Fund above or below the return to the Index.
What was my book value per share at the end : Understanding Shareholders' Meeting, Managerial Communications, and Financial Interpretations. What was my book value per share at the end of 2018 and 2019
Foreign corrupt practices act violations. : Provide examples of Foreign Corrupt Practices Act violations. Identify company actions or red flags that might indicate violations of the Act.
Endangered species act : Explain some of the hurdles litigants have encountered when it comes to the Endangered Species Act and standing to bring a lawsuit.
Prepare the bank reconciliation statement as at November : It showed that the business has a credit balance of $17,100 as at 30 November 2021. Prepare the bank reconciliation statement as at November
True value of leadership : While it is popular today to ascribe all successes to the concept of leadership,
What is the internal rate of return : Question - King's Department Store is contemplating the purchase of a new machine at a cost of $18,139. What is the internal rate of return
What is Barber return on equity : Barber and Atkins are partners in an accounting firm and share net income and loss equally. What is Barber return on equity
Foreign corrupt practices act violations. : Provide examples of Foreign Corrupt Practices Act violations. Identify company actions or red flags that might indicate violations of the Act.

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