Unrecorded bank service bank service charge

Assignment Help Financial Accounting

Reference no: EM131289366

On a bank reconciliation, the amount of an unrecorded bank service bank service charge should be:

A. Added to the book balance of cash

B. Deducted from the book balance of cash

C. Added to the bank balance of cash

D. Deducted from the bank balance of cash

E. Noted in memorandum form only

Reference no: EM131289366

Questions Cloud

The cost of an asset less accumulated depreciation equals : If the balance of supplies at the start of the month was $700 and at the end of the month you had $250 on hand, the adjustment for Supplies would be: The cost of an asset less accumulated depreciation equals:

What is the total interest expense and the interest payable : Morrison Corporation borrowed? $45,000 from Commercial Bank on June 1 of the current year. The bank required? 9% interest. Interest will be paid every three months until the? 9-month note is paid. What is the total Interest Expense and the Interest P..

Statements is true regarding a proper journal entry : On April 1, ABC Construction paid six months insurance in advance. The journal entry to record this transaction is. Which of the following statements is true regarding a proper journal entry? An $850 check written for supplies was journalized as $800..

Unit sales that are required to earn a target profit : Lin Corporation has a single product whose selling price is $140 and whose variable expense is $70 per unit. The company’s monthly fixed expense is $32,350. Using the equation method, determine for the unit sales that are required to earn a target pr..

Unrecorded bank service bank service charge : On a bank reconciliation, the amount of an unrecorded bank service bank service charge should be:

Company made a bank deposit : If a company made a bank deposit on September 30 that did not appear on the bank statement dated September 30, in preparing the September 30 bank reconciliation, the company should:

The accounts receivable account has total debit postings : James purchased a new computer for the company on account. The transaction will: The Accounts Receivable account has total debit postings of $2,900 and credit postings of $300. The balance of the account is:

Record jeffersons transaction : On Sept 1, 2015, Jefferson Corp. sold $285,000 of x ray equipt. to Einstein General who agreed to pay within 20 days. Additionally, if Einstein paid within 7 days they would receive a 2% discount. Record the following journal entries: Record Jefferso..

Power screwdriver for use in the home : Consider the following products: (a) a power screwdriver for use in the home; (b) a desktop inkjet printer; (c) an electric car. Using Web based resources, make your estimate of the following factors needed for the development project to launch each ..

User Account

All Pages