Reference no: EM132095213
Problem - On Oct 31, 2015 Devin's Drills Inc. had the following Cash in Bank (Book Balance) of $10,350. The Bank Statement showed an ending Balance of $18,000 at Oct 31 st 2015.
Comparisons of Book to Bank revealed the following Reconciling items:
a. Deposits-in Transit $4,750
b. Outstanding Checks $5,750
c. $125 Bank Service fee
d. The Bank erroneously charged a $320 check against our account
e. The bank collected a $7,350 Note Receivable, plus interest of $350 less a
f. A NSF Check for $285 was returned with the bank statement
g. Devin recorded a deposit from Cash sales of $4,250 as $4,520 collection fee of $50
Required:
a. Prepare a Bank Reconciliation.
b. Record the adjusting journal entries.
c. What is the Ending Balance in Devin's Cash Ledger at Oct 31 st 2015?
|
Create a new program to prepare a sequence
: Follow the steps of Allen-Bradley Programming Procedures to create the program demonstrated: A+,A-.
|
|
Calculate cost of goods sold for the year ended
: Listed below is the partial Trial Balance of Renata's Rugs Inc at Oct 31, 2015: Calculate Cost of Goods Sold for the year ended Dec 31 st 2015
|
|
Find examples of your representative engaging
: Find the Congressional representative (NOT your Senator) from your home district and answer the questions below. To start your research
|
|
Write a test program that creates two rectangle objects
: A constructor that creates a rectangle with the specified width and height. The default values are 1 and 2 for the width and height, respectively.
|
|
Record the adjusting journal entries
: On Oct 31, 2015 Devin's Drills Inc. had the following Cash in Bank (Book Balance) of $10,350. Record the adjusting journal entries
|
|
Determine and print out the number of quarters
: Input the number of quarters, dimes, nickels, and pennies from the user. Print out the number of coins and total value in dollars.
|
|
Write a method named promptstring in java
: The Star Wars universe is a world based on a series of movies from the 70s and then later the late-90s and early-00s.
|
|
What is the machine net present value
: At the end of 6 years, the packing machine will be sold for $5,290. Rayburn's required rate of return is 8%. What is the machine's net present value
|
|
What are some of the community-specific communication
: 1) What are some of the community-specific communication issues that exist in your community? 2) How does your community profile affect risk perception?
|