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

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Apr 22nd, 2015
...
Apr 22nd, 2015
Mar 23rd, 2017
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