Which of the following transactions does the above record belong to ? a) Withdrawing a loan from the bank B) Getting a loan by endorsing the check NS) The endorsement of the received check against the bank loan debt D) Payment of checks received TO) Guaranteeing the received checks

Which of the following transactions does the above record belong to ? a) Withdrawing a loan from the bank B) Getting a loan by endorsing the check NS) The endorsement of the received check against the bank loan debt D) Payment of checks received TO) Guaranteeing the received checks

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 4.9C

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Assets- reserves: 75000 loans : 430000 liabilities : deposites : 500000 net worth : 5000 a) Suppose that a bank has the following balance sheet and you deposit $5000 in currency into your cheque account at such bank. Use a T-account to show the initial impact of this transaction on the bank’s balance sheet. What is the impact of this transaction on M1? (b) If the bank holds a reserve ratio of 0.1, what is the maximum amount the bank can loan out. Suppose that the bank intends to loan out the maximum amount it can. Show the impact of the loan on the balance sheet.
Year C&I Loans Consumer Loans Total Loans 2012 0.02175 0.03625 0.0250 2011 0.02318 0.03862 0.0269 2010 0.02340 0.03900 0.0272 2009 0.02535 0.04225 0.0298 2008 0.02437 0.04062 0.0285 2007 0.02415 0.04025 0.0282 2006 0.02400 0.04000 0.0280 2005 0.02370 0.03950 0.0276 2004 0.02325 0.03875 0.0270 2003 0.02212 0.03688 0.0255 What is the expected loss rate increase in each sector of the FI's total loan loss rate increases 15%?
What is the adjusted cash in bank on December 31? 8,200,000 9,050,000 8,970,000 9,150,000 What is the cash in bank per ledger on December 31? 8,990,000 8,270,000 8,560,000 8,660,000 for fc479f51-46ab-41af-b134-12bc9f4c0777.png How much from the list above should be presented as part of noncurrent assets 4,000,000 1,000,000 4,900,000 5,500,000
What is the bank statement balance at June 30, 2023?a. P70,564.40b. P78,314.60c. P83,109.60d.. P87,904.60
Fund out the credit sales- Opening debtors Rs.12000 Closing debtors Rs14000 B/R accepted by Debtors Rs. 13000 Cash received from debtors Rs 38400
Balance sheet ($ million) Cash $10 50 Loans Securities 15 Deposit Equity $68 7 The bank is expecting a $15 net deposit drain. Show the bank's balance sheet if: a. The bank purchases liability to offset this expected drain. b. The bank uses the asset side liquidity to finance this expected drain.
Notes 2022 2021ASSETS Cash on hand 1,404,561 2,529,876Statutory deposits with Central Banks 7,508,221 7,045,773Due from banks 9,178,784 12,425,341Treasury Bills 8,400,605 4,934,664Advances 4 56,829,415 55,515,628Investment securities 5 19,953,780 19,259,501Investment interest receivable 203,693 205,204Investment in associated companies 6 62,603 55,961Premises and equipment 7 3,255,758 3,218,670Right-of-use assets 8 (a) 398,405 477,858Intangible assets 9 1,143,560 1,171,222Pension assets 10 (a) 1,200,717 1,415,216Deferred tax assets 11 (a) 316,556 246,214Taxation recoverable 49,290 72,817Other assets 12 1,071,755 594,950 TOTAL ASSETS 110,977,703 109,168,895 LIABILITIES AND EQUITYLIABILITIES Due to banks 445,410 155,985Customers’ current, savings and deposit accounts 13 87,586,189 86,609,634Other fund raising instruments 14 4,461,931 4,618,554Debt securities in issue 15 1,674,719 1,865,895Lease liabilities 8 (b) 420,088 482,867Pension liability 10 (a) 40 25,356Provision for…
MC50 The following bank reconciliation is presented for the Pony Co. for the month of November, 2020: Balance per bank statement, 11/30/2020 P180,400 Add: Deposit in transit P41,500 Erroneous bank charge 15,500 56,500 Subtotal P236,900 Less: Outstanding Checks 78,200 Balance per books, 11/30/2020 P158,700 Data for the month of December 2020 follow: Per bank: December deposits/credits — P261,000 December charges/debits — P224,200 Balance, December 31, 2020 — P217,200 All items that were outstanding as of November 30 cleared through the bank in December, including the bank charge. In addition, P25,000 checks were outstanding as of December 31, 2020. What is the amount of cash receipts per books in December 2020? (WITH SOLUTION) a. P204,500 b. P219,500 c. P246,000 d. P317,500
What is the carrying value of the loans receivable as of December 31, 2022 after impairement recognition A. 8,123,0231 B. 8,000,000 C . 8,211,570 D, 9,211,570
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 roup 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.
MC49 The following bank reconciliation is presented for the Pony Co. for the month of November, 2020: Balance per bank statement, 11/30/2020 P180,400 Add: Deposit in transit P41,500 Erroneous bank charge 15,500 56,500 Subtotal P236,900 Less: Outstanding Checks 78,200 Balance per books, 11/30/2020 P158,700 Data for the month of December 2020 follow: Per bank: December deposits/credits — P261,000 December charges/debits — P224,200 Balance, December 31, 2020 — P217,200 All items that were outstanding as of November 30 cleared through the bank in December, including the bank charge. In addition, P25,000 checks were outstanding as of December 31, 2020. What is the amount of cash disbursements per books in December 2020? (WITH SOLUTION) a. P146,000 b. P171,000 c. P249,200 d. P249.200