FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Dobson Corporation gathered the following reconciling information in preparing its September bank reconciliation:
Cash balance per books, September 30
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$11,000
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Note receivable collected by bank
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6,000
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Outstanding cheques
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9,000
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Deposits in transit
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4,500
|
Bank service charge
|
75
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NSF cheque
|
1,200
|
The adjusted cash balance per bank at September 30 is
Question 6 options:
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$15,500.
|
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$6,500.
|
|
$9,725.
|
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$1,775.
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- A1 Service Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 $28,000 Deposits in transit 1,200 Notes receivable and interest collected by bank 6,800 Bank charge for check printing 160 Outstanding checks NSF check The adjusted cash balance per books on August 31 is 16,000 1,360 $32,080. O $33,280. O $19,680. O $18,400. Warrow_forwardThe bank reconciliation shows the following adjustments: Deposits in transit: $852 Notes receivable collected by bank: $1,000; interest: $20 Outstanding checks: $569 Error by bank: $300 Bank charges: $30 Using the following accounts: Bank Errors Bank Service Charges Cash Deposits in Transit Interest Expense Interest Income Notes Receivable Outstanding Checks prepare the two correcting journal entries: DR [ Select ] ["Cash", "Bank Service Charges", "Interest Income", "Bank Errors", "Interest Expense"] [ Select ] ["$300", "$852", "$30", "$569", "$1,020"] CR [ Select ] ["Bank Errors", "Interest Income", "Bank Service Charges", "Interest Expense", "Cash"] [ Select ] ["$30", "$852", "$569", "$300", "$1,030"] and DR…arrow_forwardPlease give me correct optionarrow_forward
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