Accounting HW reconciling

Accounting
Tutor: None Selected Time limit: 1 Day

data accumulated for reconciling the bank account of Co. for July:

  1. Cash balance according to the company's records at July 31, $17,360.
  2. Cash balance according to the bank statement at July 31, $18,460.
  3. Checks outstanding, $3,520.
  4. Deposit in transit, not recorded by bank, $2,830.
  5. A check for $270 in payment of an account was erroneously recorded in the check register as $720.
  6. Bank debit memo for service charges, $40.

journalize entries that would (a)increase cash and (b) decrease cash.

Apr 22nd, 2015

1. increase in case with17360

2.increase in cash

3 decrease in cash

4increasing cash

decrease in cash

Apr 22nd, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Apr 22nd, 2015
...
Apr 22nd, 2015
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer