bank statement Date Check No. Debits Credits Balance Nov. 1 10,000.00 Nov. 4 339 34,000.00 44,000.00 Nov. 9 134 17,000.00 27,000.00 Nov. 12 135 13,000.00 14,000.00 Nov. 13 Cash 16,000.00 30,000.00 Nov. 16 136 8,000.00 22,000.00 Nov. 21 234 52,000.00 74,000.00 Nov. 22 784 19,000.00 93,000.00 Nov. 29 137 7,600.00 85,400.00| Nov. 30 846 23,500.00 108,900.00 144,500.00 45,600.00 oup Activities Bank statement Period covered: Nov. 1, 2021 to Nov. 30, 2021 Date Check No. Debits Credits Balance Nov. 1 10,000.00 Nov. 5 339 34,000.00 44,000.00 Nov. 6 389 78,000.00 122,000.00 Nov. 13 Cash 16,000.00 138,000.00 Nov. 16 135 13,000.00 125,000.00 Nov. 18 984 33,000.00 158,000.00 Nov. 19 136 8,000.00 150,000.00 Nov. 21 234 25,000.00 175,000.00 Nov. 22 784 19,000.00 194,000.00 Nov. 25 0784 (NSF) 19,000.00 175,000.00 Nov. 28 (DM) 2,000.00 173,000.00 Nov. 30 137 7,600.00 165,400.00 Required: Prepare the November bank reconciliation. Assume the error is committed by XYZ Co.

bank statement Date Check No. Debits Credits Balance Nov. 1 10,000.00 Nov. 4 339 34,000.00 44,000.00 Nov. 9 134 17,000.00 27,000.00 Nov. 12 135 13,000.00 14,000.00 Nov. 13 Cash 16,000.00 30,000.00 Nov. 16 136 8,000.00 22,000.00 Nov. 21 234 52,000.00 74,000.00 Nov. 22 784 19,000.00 93,000.00 Nov. 29 137 7,600.00 85,400.00| Nov. 30 846 23,500.00 108,900.00 144,500.00 45,600.00 oup Activities Bank statement Period covered: Nov. 1, 2021 to Nov. 30, 2021 Date Check No. Debits Credits Balance Nov. 1 10,000.00 Nov. 5 339 34,000.00 44,000.00 Nov. 6 389 78,000.00 122,000.00 Nov. 13 Cash 16,000.00 138,000.00 Nov. 16 135 13,000.00 125,000.00 Nov. 18 984 33,000.00 158,000.00 Nov. 19 136 8,000.00 150,000.00 Nov. 21 234 25,000.00 175,000.00 Nov. 22 784 19,000.00 194,000.00 Nov. 25 0784 (NSF) 19,000.00 175,000.00 Nov. 28 (DM) 2,000.00 173,000.00 Nov. 30 137 7,600.00 165,400.00 Required: Prepare the November bank reconciliation. Assume the error is committed by XYZ Co.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

What is the correct cash balance at August 31, 2018a. P902,00b. P860,000c. P820,000d. 802,000
What is the amount received by partially secured creditor? A. P40,000B. P60,000C. P70,000D. P65,000
The following balances apply to this question BANK Mar Balance b/d 20 Mar Total 83 1 000 31 раyments 138 Mar Total 31 receipts Balance c/d 8 021 A A Apr | Balance b/d 8 1 021 Which one of the following amounts represents B? A. R45 118 B. R56 337 OC. R55 128 D. R55 117
E4.16 Consider the following table with sample data. BANK ACCOUNTS TABLE AccountID АсcountType CurrentBalance AccountHolderID AccountHolderName A111 Checking $1,000.00 C11 Joe Smith C222 Sue Smith A222 Checking S2,000.00 C333 Mary Moore A333 Money Market $15,000.00 C444 Pat Clark C555 Lisa Clark C666 Timmy Clark A444 Savings $3,000.00 C111 Joe Smith C222 Sue Smith E4.16a Normalize the Bank Accounts Table to 1NF by increasing the number of records in the existing table. E4.16b Normalize the Bank Accounts Table to 1NF by creating a new separate table in addition to the existing table.
What is the adjusted cash in bank on December 31? 8,200,000 9,050,000 8,970,000 9,150,000 What is the cash in bank per ledger on December 31? 8,990,000 8,270,000 8,560,000 8,660,000 for fc479f51-46ab-41af-b134-12bc9f4c0777.png How much from the list above should be presented as part of noncurrent assets 4,000,000 1,000,000 4,900,000 5,500,000
The general ledger showed a bank account balance of P920,000. What amount should be reported as adjusted cash in bank on April 30? a. 900,000 b. 865,000 c. 930,000 d. 965,000 с.
In reviewing the Accounts Receivable, the Net Cash Realizable Value is __ before a write off of $1500. What is the Net Cash Realizable Value after the write off?a. $16,000b. $1500c. $17300d. $14500
Using general GL codes (expense, receivable, revenue, etc.), write out the JE necessary to post each of these bank transactions: Account Activity Transaction Date 07/01/2022 07/01/2022 07/01/2022 07/01/2022 07/01/2022 Description Beginning Balance FX 157510619000001 EUR 17145 R ATE: 1.03944INV3318 INV3307 BRAINTREE FUNDING 6XDJXT LONGTAILVIDEO WIRE IN 220701B1Q8021C018706 202218219086;ORG AMAGI MEDIA L ABS PRIVATE LIMITED;OBI S1023 ADP 401K ADP 401k 94YL7 063026V01 LONGTAIL AD SOLUTIONS Debits -$17,821.20 $0.00 $0.00 -$54,337,80 Credits $0.00 $55,477.13 $8,175.00 $0.00 B
12 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 102 02 BANK CURRENCY DTH 62.000121 02 SHARES OF FX RECEIVABLES 62.000What transaction does the above record belong to?A) Acceptance of the policy by the bankB) Endorsement of the policyC) Returning the policy to the bankD) Payment of the policy by the bankE) Collection of the policy by the bank
23.How much is the total outstanding checks on June 30? * A.P510,000 B.P400,000 C.P190,000 D.P340,0000
12 - CODE AND NAME OF THE ACCOUNT WILL BE DEBT 102 02 BANK CURRENCY DTH 62.000121 02 CERTIFICATES OF FX RECEIVABLES 62.000What transaction does the registration made above belong to?A) Acceptance of the policy by the bankB) Endorsement of the policyC) Returning the policy to the bankD) Payment of the policy by the bankE) Collection of the policy by the bank
Create a balance sheet with the following information. Create a balance sheet for the following information. Bank Accoutns recievable Equipement Accounts payable Long-term debt Capital Retained earning Withdrawis msi in ^ 00 C 4 I P JOOOOL K V B m 2050 6100 900 150 2000 5000 10900 9000 0 ALTOR in