May 29th, 2015
Studypool Tutor
Price: $25 USD

Tutor description


Word Count: 104
Showing Page: 1/4
Week 2 Assignment 2ACC 201Problem 4-20PROBLEM 4-20Superior Auto Supply, Inc.Bank ReconciliationMay 31, 2012Unadjusted Bank Balance, May 31, 2012$8,000Add: Deposits in Transit$ 975Bank Error6501,625Less: Outstanding Checks #30133853054 73530561,900(3,020)True Cash Balance, May 31, 2012$6,605Unadjusted Book Balance, May 31, 2012$5,565*Add: Note Collected by Bank$ 500Error in recording payment for utilities7001,200Less: Collection Fee10Bank Service Charge25NSF Checks 125(160)True Cash Balance, May 31, 2012$6,605*Unadjusted cash balance per Superior Auto Supplys books is computed as:x + $1,200 $160 = $6,605;x = $5,565.Problem 4-21PROBLEM 4-21Reconciling ItemsBook BalanceAdjusted?Added or Subtracted?a.NoNAb.NoNAc.Yes $9d.Yes+ $330e.NoNAf.Yes $22g.NoNAh.Yes $31

Review from student

Studypool Student
" Good stuff. Will use again. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors