User Account

All Pages

What will the outstanding payments amount

Assignment Help Accounting Basics
Reference no: EM133179227

Question - The following information relates to a bank reconciliation of WaMarks:

(1) The balance as per the bank account in the general ledger, before taking the items below into account, was R7 422 (favourable).

(2) A debit entry for interest to the amount of R2 620, has not been entered in the applicable cash journal.

(3) A direct deposit of R9 180 that appears on the bank statement, has not been entered in the applicable cash journal.

(4) During the current month, deposits received, totalling R10 074, have been correctly entered in the cash receipts journal but have not been deposited at the bank.

(5) The balance as per the bank statement was R8 993 (favourable).

Required - What will the outstanding payments amount be in the bank reconciliation statement?

Reference no: EM133179227

Questions Cloud

Effectively communicating total rewards : You know from the video that there are at least 4 stakeholder groups to communicate the total rewards program for the organization. One stakeholder group is exe
Determine the conflict and misalignment of goals : You are a Senior Manager at an Online Gaming Software Engineering firm located in Windsor, Ontario, Canada. You lead an Engineering Team:
Critical evaluation of the literature relevant : This assessment takes the form of a critical analysis of a selected topic. The topics are presented below.
DHI401 Digital Health and Informatics Assignment : DHI401 Digital Health and Informatics Assignment Help and Solution, Torrens University Australia - Assessment Writing Service
What will the outstanding payments amount : A debit entry for interest to the amount of R2 620, has not been entered in the applicable cash journal. What will the outstanding payments amount
Explain the build customer communication : 1. What program do you think that can help the staff to communicate and build customer communication
The politics of alternative compensation : Compensation is never just a technical issue. It always involves power, influence, and money-which is never more clear than in a unionized environment.
What will be the dividend and share price : What will be the dividend and share price in 1, 5, and 10 years. Assume both constant and non-constant growth model
Compute the profit margin for hogan : Lumber division of Hogan Inc. reported an investment turnover of 1.28 and a return on investment of 21.76%. Compute the profit margin for Hogan

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