FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
Bartleby Related Questions Icon

Related questions

Question

What is the adjustment balance of cash in bank of Mickey Mouse Corporation in November 2020?

 

Information concerning the cash records of Mickey Mouse Corporation for the months of
November and December 2020 are shown below:
Nov-30 Dec-31
Book balance
Book debits
Book credits
Bank balance
Bank debits
Bank credits
Bank service charge
Notes collected by bank on behalf of SNSD
NSF checks
Deposit in transit
Outstanding checks
Deposit of 2NE1 Corporation erroneously credited to SNSD 3,800
|Check erroneously debited by the bank to SNSD Company
?
50,820
87,300
63,800
34,000 61,920
55,280
?
250
300
4,100
3,200
12,000 22,500
19,500 35,700
2,900
2,500
3,500
1,870
3,000
expand button
Transcribed Image Text:Information concerning the cash records of Mickey Mouse Corporation for the months of November and December 2020 are shown below: Nov-30 Dec-31 Book balance Book debits Book credits Bank balance Bank debits Bank credits Bank service charge Notes collected by bank on behalf of SNSD NSF checks Deposit in transit Outstanding checks Deposit of 2NE1 Corporation erroneously credited to SNSD 3,800 |Check erroneously debited by the bank to SNSD Company ? 50,820 87,300 63,800 34,000 61,920 55,280 ? 250 300 4,100 3,200 12,000 22,500 19,500 35,700 2,900 2,500 3,500 1,870 3,000
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
Text book image
FINANCIAL ACCOUNTING
Accounting
ISBN:9781259964947
Author:Libby
Publisher:MCG
Text book image
Accounting
Accounting
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:Cengage Learning,
Text book image
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Text book image
Horngren's Cost Accounting: A Managerial Emphasis...
Accounting
ISBN:9780134475585
Author:Srikant M. Datar, Madhav V. Rajan
Publisher:PEARSON
Text book image
Intermediate Accounting
Accounting
ISBN:9781259722660
Author:J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:McGraw-Hill Education
Text book image
Financial and Managerial Accounting
Accounting
ISBN:9781259726705
Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:McGraw-Hill Education