ance on January 1, 2024. (Record debits first, then credits. Debit Credit

Find the new balances and adjusted balanced in the table below Check Service Statement Register Charge Balance Balance 1 $275.14 2 378.95 3 1,591.40 4 1,202.91 5 1,861.20 $4.81 4.35 6.20 0.00 0.00 New Balance $549.95 231.36 1,027.33 2,174.00 2,361.40 Outstanding Checks, Payments/Debits $529.63 190.00 0.00 1,046.20 812.14 Outstanding Deposits $250.01 333.24 557.87 75.11 311.94 5b) What do you notice about all of the new balances and adjusted balances in the above table? Adjusted Balance

What was the 10/31 balance in Accounts Receivable?

vable Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year. (Do not round intermediate calculations. Round your answers to nearest whole dollar value. Use 360 days a year.) View transaction list Journal entry worksheet 1 Record cash received on note plus interest.

Hi, How do I organize these transactions ? Thanks

The bank statement for Unique Fashion had an ending cash balance of $2,200 on April 30, 2022. On this date the cash balance in their general ledger was $3,678. After comparing the bank statement with the company records, the following information was determined. The bank returned an NSF cheque in the amount of $350 that Unique Fashion deposited on April 20. The NSF service fee was $9. A direct deposit received from a customer on April 29 in payment of their accounts totaling $3,780. This has not yet been recorded by the company. On April 29, the bank deposited $16 for interest earned. The bank withdrew $35 for bank service charges. Deposits in transit on April 30 totalled $4,880. Required Reconcile the ledger and bank statement and create the required journal entries. Do not enter dollar signs or commas in the input boxes. Do not use negative signs. Select the proper order for the headings of the Bank Reconciliation. Cash balance per bank statement Add Outstanding deposit Adjusted bank…

Data Recovery Services (DRS) specializes in data recovery from crashed hard drives. The price charged varies based on the extent of damage and the amount of data being recovered. DRS offers a 10% discount to students and faculty at educational institutions. Consider the following transactions during the month of June. June 10 June 12 June 13 Rashid's hard drive crashes and he sends it to DRS. After initial evaluation, DRS e-mails Rashid to let him know that full data recovery will cost $2,700. Rashid informs DRS that he would like them to recover the data and that he is a student at UCLA, qualifying him for a 10% educational discount and reducing the cost by $270 ( = $2,700 × 10%). DRS performs the work and claims to be successful in recovering all data. DRS asks Rashid to pay within 30 days of today's date, offering a 2% discount for payment within 10 days. When Rashid receives the hard drive, he notices that DRS did not successfully recover all data. Approximately 30% of the data has…

The accompanying​ table, Data table Date Deposit​ (Withdrawal) Date Deposit​ (Withdrawal)   ​1/1/20 ​$8,000 ​1/1/22 ​$3,272 ​1/1/21 ​$(6,540​) ​1/1/23 ​$5,255 ​(Click on the icon located on the​ top-right corner of the data table below in order to copy its contents into a​ spreadsheet.) ​, shows a series of transactions in a savings account. The account pays 5​% simple​ interest, and the account owner withdraws interest as soon as it is paid. Calculate the​ following: a. The account balance at the end of each year.​ (Assume that the account balance at December​ 31, 2019, is​ zero.) b. The interest earned each year. c. The true rate of interest that the investor earns in this account.       Question content area bottom Part 1 a. The account balance at the end of 2020 is ​$8,0008,000. ​ (Round to the nearest​ dollar.) Part 2 The account balance at the end of 2021 is ​$1,9531,953. ​ (Round to the nearest​ dollar.)

Sandhill Company issued $2,400,000 of 10%, 10-year bonds on January 1, 2017, at 103. Interest is payable semiannually on July 1 and January 1. Sandhill Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.5281%. Prepare the journal entries to record the following. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) The issuance of the bonds. (b) The payment of interest and related amortization on July 1, 2017. (c) The accrual of interest and the related amortization on December 31, 2017.

Entries for Issuing Bonds and Amortizing Discount by Straight-Line Method On the first day of its fiscal year, Chin Company issued $26,500,000 of five-year, 12% bonds to finance its operations of producing and selling home improvement products. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 13%, resulting in Chin receiving cash of $25,547,585. a. Journalize the entries to record the following: 1. Issuance of the bonds. 2. First semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) 3. Second semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) If an amount box does not require an entry, leave it blank. 1. 2. 3. 300 000 000 000 000 b. Determine the amount of the bond interest expense for the first year.