Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock $ 25,310 Dividends 22,320 5,200 19,960 43,970 10,700 101,400 Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 5,950 26,960 9,500 5,560 820 470

CHART OF ACCOUNTS   General Ledger   ASSETS 110 Cash 111 Petty Cash 112 Accounts Receivable 114 Interest Receivable 115 Notes Receivable 116 Merchandise Inventory 117 Supplies 119 Prepaid Insurance 120 Land 123 Delivery Truck 124 Accumulated Depreciation-Delivery Truck 125 Equipment 126 Accumulated Depreciation-Equipment 130 Mineral Rights 131 Accumulated Depletion 132 Goodwill 133 Patents   LIABILITIES 210 Accounts Payable 211 Salaries Payable 213 Sales Tax Payable 214 Interest Payable 215 Notes Payable   EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends   REVENUE 410 Sales 610 Interest Revenue 620 Gain on Sale of Delivery Truck 621 Gain on Sale of Equipment   EXPENSES 510 Cost of Merchandise Sold 520 Salaries Expense 521 Advertising Expense 522 Depreciation Expense-Delivery Truck 523 Delivery Expense 524 Repairs and Maintenance Expense 529 Selling…

Could you please explain to me how the cash balances are calculated???? Pro Forma Cash Flow Cash Received               Cash from Operations       Cash Sales $24,198 $100,099 $122,460 Cash from Receivables $46,108 $217,218 $342,905 Subtotal Cash from Operations $70,306 $317,317 $465,366         Additional Cash Received       Sales Tax, VAT, HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $40,000 $0 Sales of Other Current Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 New Investment Received $0 $0 $0 Subtotal Cash Received $70,306 $357,317 $465,366         Expenditures Year 1 Year 2 Year 3         Expenditures from Operations       Cash Spending $167,000 $225,200 $229,200 Bill Payments $75,294 $124,114 $152,785 Subtotal Spent on Operations $242,294 $349,314 $381,985         Additional Cash Spent       Sales Tax, VAT, HST/GST Paid Out $0 $0 $0…

Required information Skip to question   [The following information applies to the questions displayed below.]The August bank statement and cash T-account for Martha Company follow:   BANK STATEMENT Date Checks Deposits Other Balance August 1         $ 13,600 August 2 $ 120       13,480 August 3   $ 9,300     22,780 August 4 220       22,560 August 5 160       22,400 August 9 530       21,870 August 10 130       21,740 August 15   3,100     24,840 August 21 220       24,620 August 24 15,500       9,120 August 25   5,650     14,770 August 30 620       14,150 August 30     Interest earned $ 20 14,170 August 31     Service charge 10 14,160   Cash (A) Debit Credit August 1 Balance 13,600     Deposits   Checks written   August 2 9,300 120 August 1 August 12 3,100 220 August 2 August 24 5,650 160 August 3 August 31 4,100 130 August 4     530 August 5     200 August 15     280 August 17     620 August 18     220 August 19…

J. P. Robard​ Mfg., Inc. Balance Sheet​ ($000) Cash $470 Accounts receivable 2,100 Inventories 940 Current assets $3,510 Net fixed assets 4,590 Total assets $8,100     Accounts payable $1,120 Accrued expenses 580 ​Short-term notes payable 280 Current liabilities $1,980 ​Long-term debt 2,040 ​Owners' equity 4,080 Total liabilities and​ owners' equity $8,100 ​(Click on the icon    in order to copy its contents into a spreadsheet.​)   J. P. Robard​ Mfg., Inc. Income Statement​ ($000) Net sales​ (all credit) $8,010 Cost of goods sold (3,300) Gross profit $4,710 Operating expenses​ (includes $500​ depreciation) (3,090) Net operating income $1,620 Interest expense (360) Earnings before taxes $1,260 Income taxes ​(35%​) (441) Net income $819

1. Prepare a bank reconciliation for Summer Corp. Balance per Summer Company books $500,000 Balance per Citi bank $510,000 Reconciling items Outstanding Checks $40,000 Nonsufficient funds Check $10,000 Deposits in transit $19,000 Bank Fees $1,000