Mountain View Café's daily register records an opening float of $200. During the day, the café made $1,750 in cash sales and $2,300 in credit card sales. The café processed $180 in returns, of which $120 were refunded in cash and $60 were credited back to credit cards. The manager also took $500 from the register for a bank deposit during the day. Based on these transactions, calculate the expected cash amount in the register at the end of the day.

Archer allows customers to use bank credit cards to charge purchases.  The bank used by Archer processes all bank credit cards in exchange for a 3% processing fee.  All credit card receipts deposited are credited to the company account on the day of deposit.  Assume that on August 10, Archer sold and deposited $5,200 worth of bank credit card receipts.  The cost of sales is $2,800.  Record this transaction in the general journal.

Calculate the cash amount

Roper Electronics received its bank statement for the month of August with an ending balance of $11,775. Roper determined that Check No. 613 for $155 and Check No. 601 for $420 were both outstanding. A $6,900 deposit for August 30 was in transit as of the end of the month. Northern Regional Bank also collected $5,250 on a note receivable, which included interest of $250. The bank statement reveals a bank service charge of $20. A customer check for $68 was returned with the bank statement marked “NSF.” The ending balance of the Roper cash account is $12,938.   Question Content Area a. Prepare a bank reconciliation as of August 31.   Cash balance according to bank statement   Add bank service chargeAdd collection feeAdd deposit in transitDeduct collection feeDeduct deposit in transit   Deduct outstanding checks:   No. 600No. 601No. 603No. 604No. 605   No. 611No. 612No. 613No. 614No. 615   Adjusted balance   Cash balance according to Roper Electronics   Add deposit in transitAdd note and…

At the end of the day, the cash register tape lists $1,147.42 as total income from services. Cash on hand consists of $21.13 in coins, $547.52 in currency, $70.00 in traveler's checks, and $603.62 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank.

At the end of the day, the cash register tape lists $881.40 as total income from services. Cash on hand consists of $18.25 in coins, $433.60 in currency, $100.00 in traveler's checks, and $427.00 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank.

At the end of the day, the cash register tape lists $885.69 as total income from services. Cash on hand consists of $15.68 in coins, $459.77 in currency, $90.00 in traveler's checks, and $409.74 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE       DATE DESCRIPTION DOC. NO.   POST. REF. DEBIT CREDIT   Cash              Cash Short and Over              Income from Services              To record revenue earned during the day involving a cash shortage of $10.50.

Lowell Bank reported the following checking account fees: $2 to see a real-live teller, $20 to process a bounced check, and $1 to $3 if you need an original check to prove you paid a bill or made a charitable contribution. This past month you had to transact business through a teller six times-a total $12 cost to you. Your bank statement shows a $305.33 balance; your checkbook shows a $1,009.76 balance. You received $1.10 in interest. An $801.15 deposit was not recorded on your statement. The following checks were outstanding: No. 413, $28.30; No. 414, $18.60; and No. 418, $60.72. Prepare your bank reconciliation. (Input all amounts as positive values. Round your answers to 2 decimal places.) BANK RECONCILIATION Checkbook balance Bank balance Add: Add: Subtotal Subtotal Deduct: Deduct: Reconciled balance Reconciled balance Rext > < Prev 1 of 15

Egrane, Incorporated's monthly bank statement showed the ending balance of cash of $20,400. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,450, outstanding checks of $3,900, an NSF check of $2,600, bank service charges of $125 and the EFT from a customer in payment of the customer's account of $3,400. What was the cash balance on the Egrane's books (before the adjustments for items on the bank reconciliation)?

Bourne Incorporated reports a cash balance at the end of the month of $2,620. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($85), an NSF check from a customer ($350), a customer’s note receivable collected by the bank ($1,000), and interest earned ($35). Please  do journal enteries