Enrichment Activity 8-2. Preparation of Deposit Slip (After the collections and sales for March 25, 2020, Rosemarie B. Luzvimin isto prepare her deposit slip for the following collections:P1,000 bill3 pcs.P20 bill13 pcs.500 bill6 pcs.10.00 coin3 рcs.200 bill1 pcs.9 pcs.5.00 coin100 bill8 pcs.1.00 coin3 pcs.50 bill14 pcs..25 coin2 pcs.Checks to be deposited:BDO Check Tanauan Branch Check No. 14578 amounting to P5,500BPI Check Malvar Branch Check No. 454532 amounting to P9,000Landbank Tanauan Bracnh Check No. 789923 amounting to P12,250Requirement: Prepare the deposit slip/s for all the collections using the accountname of the owner with her account number of 0070425184882. (Remove the firstnumbers if the spaces for account number is not enough) A. Assuming the bank account is in Metrobank.MetrobankDEPOSIT SLIPMETROPOLITAN BANE A TRUSE COMPANTACCOUNT NUMBERACCOUNT NAMEO COLLECTION ITEMDOTHERSO POSTDATED CHECKOSUBJECT TO LATER VERIFICATION (For Depost Pick-up Oniy)THIS IS YOUR RECEIPT WHEN MACHNE VALIDATEDPLEASE USE ONE FORM FOR EACH CURRENCY TYPE OF DEPOSIT OR CHECK TYPE THIS S ACEPTED SUBJECT TO THETERMS AND CONDITIONS COVERING THIS ACCOUNT CHECKS ACCEPTED I RECEMED FOR COLLECTION WILL BE CREDITEDTO YOUR ACCOUNT ONLY UPON RECEPT OF PROCEEDS PLEASE DO NOT LEAVE YOUR DEPOSIT WITHOUT WITNESSINGTHE ACTUAL COUNTING AND VALIDATION BY THE TELLERCASH DENOMINATION BREAKDOWNDENOMINATIONNO OF PIECESAMOUNTCOINSTOTAL CASH DEPOSITCHECK DEPOSITPLEASE LIST EACH CHECK AND ENDORSE PROPERLY, KINDLY MARK WITH () CCIGC/DO COLUMN IFCHECK DEPOSIT MADE IS IN THE FORM OF CASHIER'S CHECKIGIFT CHECK OR LOCAL DEMAND DRAFTCCIGCDDBANKBRANCHCHECK NUMBERAMOUNTTOTAL CHECK DEPOSITNO OF CHECRSTOTAL DEPOSITSignature/Conforme of DepositorDateApproved ByMB-DEPARev. Mat 11

Deposit slip It is a paper form that a bank customer depositing funds into a bank account.…

Answered: 10.00 coin 3 pc 5.00 coin 9 pc 1.00…

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter18: Acquiring Capital For Growth And Development

Section: Chapter Questions

Problem 1AP

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Refer to RE6-8. On April 23, 2020, McKinncy Co. receives a check, from Mangold Corporation for 8,500. Prepare the journal entry for McKinncy to record the collection of the account previously written off.
Problem #7 Voucher System transactions occurred during Jan. 2019: Issued check no. 701 in payment of voucher no. 600 to Calayag Company, P9,310. The voucher was recorded on Dec. 31, 2019 for P9,500. A 2% discount was taken. Recorded voucher no. 601 payable to Cruz Realty for January rent, P9,250. Recorded voucher no. 602 payable to Dorega Suppliers for merchandise purchased, P8,000; terms 2/10, n/30. Issued check no. 702 in payment of voucher no. 601. Recorded voucher no. 603 payable to Espiritu Bookstore for P6,000 worth of office supplies; terms 2/10, n/30. Recorded voucher no. 604 to Giron Freight Company for freight on merchandise purchased, P700. Issued check no. 703 in payment of voucher no. 602 less discounts. Issued check No. 704 in payment of voucher No. 603. Recorded voucher no. 605 payable to Ligeralde Business Machines, for store equipment, P15,000; terms 2/20, n/60. Issued check no. 705 in payment of voucher no. 604. Recorded voucher No. 606 payable to Macapagal Traders,…
Question Completion Status: QUESTTONJ Assume that the Petty Cashier of a $700 petty cash fund has $40 in cash plus $660 in receipts at the end of the month. The entry to eglenish (reimburse) the petty cash fund will include: O A credit to Cash for $40 A debit to Cash for $40 A credit to Cash for $660 A debit to Cash for $660 QUESTION 6 Thinkvision company has the following inventory 15 units @ 7 BD each. 20 units @ 8 BD each. The weighted average cost per unit for the above inventory is: 7.50 BD 8 BD 7 BD 7.57 BD Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Fill out the check register that follows with this information for August 2019: LU 4-1(1) Aug 7 Check No. 959 AT &T $143.50 15 Check No. 960 Staples 66.10 19 Deposit 800.00 20 Check No. 961 West Electric 451.88 24 Check No. 962 Bank of America 319.24 29 Deposit 400.30
a. From the following list of balances, prepare the Accounts Receivable Control Account for the month of June 2020 in the books of Country Fresh to show the missing balances at June 30, 2020. April 1 Balances: Accounts Receivable Control: Dr $25,000 Cr $2,000 Totals at June 30, 2020 Credit Sales 150,000 Cash Sales 8,000 Refund to credit customers 1,000 Interest charged on credit customers account 1,500 Receipts from credit customers 78,500 Balances in sales ledger set off against 4,000 balances in purchases ledger Discounts Allowed 500 Bad Debts 1,000 Dishonoured Cheque 1,500 Sales returns 500 Balances at 30 June 2020 Accounts Receivable Control Dr $ ? Cr $1,000 b. State TWO possible reasons for the credit balance in the Sales Ledger Control Account. c. State three uses of a control accounts.
A v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker%3&takeAssignmentSessionLo... Assignment 6d: Chapter 22 Exercises eBook Print Item Schedule of Cash Collections of Accounts Receivable Office World Inc. has "cash and carry" customers and credit customers. Office World estimates that 20% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 25% pay their accounts in the month of sale, while the remaining 75% pay their accounts in the month following the month of sale. Projected sales for the next three months are as follows: October $106,000 November 133,000 December 194,000 The Accounts Receivable balance on September 30 was $71,000. Prepare a schedule of cash collections from sales for October, November, and December. Round all calculations to the nearest whole dollar. Office World Inc. Schedule of Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash…
R. Phometsi Ltd. Provides you with the following information.2019The imprest amount at the beginning of each is P600. However, on June 1, the pettycashier had P140 cash in hand. The main cashier re-imbursed the petty cashier to have acash float of P600.The following expenses were incurred as petty cash expenses for the month.June DIPLOMA AssignmentJanuary - June BPA612 Principles of Accounting ©BOU 2024 Page 4 of 93. Cleaning expenses P405. Taxi fare P127. Postage stamps P89. Printing expenses P2811. Pen, pencil and eraser P913. Cremora, margarine and peanut butter P42.14. Cleaning expenses P3815. Bus fare. P2417. Postage stamps P1419. Cleaning expenses P32.29. Staples P16.30. Tea, Coffee and sugar P39. Required:a) Prepare a petty cash book with analysis columns for the followings: Cleaningexpenses, General expenses, Postage, Travelling expenses and Stationery.
* CengageNOwv2 | Online teachir x d21 mnsu - Bing x |+ O https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSes. Problem 9-94B (Algorithmic) Note Computations and Entries (Straight Line) On January 1, 2020, Benton Corporation borrowed $930,000 with a 10-year, 8.75% note, interest payable semiannually on June 30 and December 31. Cash in the amount of $915,500 was recelved when the note was issued. Required: 1. Prepare the necessary journal entry at January 1, 2020. 2020 Jan. 1 Record issuance of notes at discount 2. Prepare the necessary journal entry at June 30, 2020. If required, round amounts to the nearest dollar. 2020 June 30 Record interest expense 3. Prepare the necessary journal entry at December 31, 2020. If required, round amounts to the nearest dollar. 2020 Dec. 31 11:36 AM a 4/6/2021
A. Cash Discount1. An invoice for Php 70 250 dated March 25, terms 5/10, 2/30, n/60, is paidin full on April 20. What is the total amount paid to settle the account?2. Ms. Garcia received an invoice dated April 18 amounting to Php 30 123for her orderedplants. The invoice comes with cash discount terms, 5/5, 2/15, n/30, R.O.G.The plants were received on April 25. If she paid on May 12, how much did she pay?
Bank Reconciliation and Related Journal Entries The book balance in the checking account of Lyle's Salon as of November 30 is $3,277.77. The bank statement shows an ending balance of $2,109.00. By examining last month's bank reconciliation, comparing the deposits and checks written per books and per bank in November, an noting the service charges and other debit and credit memos shown on the bank statement, the following were found: a. An ATM withdrawal of $150.00 on November 18 by Lyle for personal use was not recorded on the books. b. A bank debit memo issued for an NSF check from a customer of $19.20. c. A bank credit memo issued for interest of $20.00 earned during the month. d. On November 30, a deposit of $1,186.00 was made, which is not shown on the bank statement. e. A bank debit memo issued for $16.80 for bank service charges. f. Checks No. 549, 561, and 562 for the anounts of $181.00, $24.00, and $9.50, respectively, were written during November but have not yet been received…
Write up a three-column Cash Book for Kevin Davis for the month of 2020 August from the following transactions: August1 Balances brought down Bank Overdraft $15 000 and Cash $14 200.2 Bought printing and postage materials $1 500 by cash3 Sold goods $13 500 by cheques.4 Received Rates $3 500 in cash.5 Paid the following their accounts by cheque receiving a 5% discount: K. Allen $4 000, S. Chin $6 000 G Owen $5 500.8 The following paid us their account by cheque, being allowed a 5% discount S Brown $6 000, U Bell $3 500 and A Paul $4 500.10 Bought Furniture $5 600 by cheque15 Paid for Insurance $2 900 by cash18 Sold goods $8 000 by cash23 Received commission $6 500 by cheque27 Paid salaries $10 000 by chequeB. Post the relevant discount accounts in the General Ledger.
An involce for $10,000 dated September 10 with terms 3/10, 12/20, n/30, EOM is recelved in the mail on September 25. A payment of $4000 is sent on October 11. What is the outstanding balance? Multiple Choice $5940.00 $5939.09 $6000.00 $5920.00 $5918.37

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10.00 coin 3 pc 5.00 coin 9 pc 1.00 coin 3 pc .25 coin 2 рс Check No. 14578 amountin meck No. 454532 amounting Check No. 789923 amountin