On December 31, 2021 what is the adjusted cash in bank? In an audit of Danao Company on Dec. 31, 2021, the following data are gathered Balance per book Bank Charges Outstanding checks 1, 091, 500 4, 500 425, 000 Deposit in transit 350, 000 Customer note collected by bank 275, 000 Interest on customer note 25, 000 Customer check returned NSF 152, 000 Depositor's note charged to account 160, 000 a.) 1, 575, 000 b.) 1, 075, 000 с.) 1, 065, 000 d)1. 325,.000

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Rexrode Company's bank statement at January 31 showed an ending balance of $24,712.80. The unadjusted cash account balance for Rexrode is $21,245.75. The following data were gathered by Rexrode's accountant: Outstanding checks as of January 31: $4,895.44 ● NSF check from customer: $183.62 • Debit memo related to the returned deposit: $20.00 Credit memo for interest earned: $12.00 • Deposits in transit: $1,236.77 Required: a. Prepare a bank reconciliation for Rexrode Company at January 31. b. Indicate how each of the required adjusting entries impact the financial statements. . • Complete this question by entering your answers in the tabs below. Required A Required B Indicate how each of the required adjusting entries impact the financial statements. Note: Enter any decreases to account balances and cash outflows with a minus sign. Leave cells blank if no input is needed. Round your answers to 2 decimal places. Item Outstanding checks NSF check from a customer Debit memo related to the…

The following information pertains to Candy company on December 31, 2019: Cash balance per bank statement                                          P2,000,000 Checks outstanding (including certified check of P50,000) P   250,000 Customer note collected by bank for Candy                             P     75,000 NSF checks of customers returned by bank                            P   100,000 Bank service charge shown in December bank statement          P     10,000 Error made by Candy in recording a check that cleared the bank           In December (check was drawn in December for P50,000           But recorded at P5,000)                                             P    45,000 Deposit in transit                                                                P 650,000           What is the cash balance per ledger on December 31, 2019?

The accountant of ABC has collected the following information for the month of July 2019. ABC’s bank statement for July 2019 shows the following data: Balance on 1 July as per bank $29,500 Balance on 31 July as per bank $15,907.45       The cash balance as per company records as of July 31 is $11,589.45. Further review of the data reveals the following information:   Errors: Check no115 for $1,226. The bank correctly paid the amount, but ABC recorded the check as $1,262.   Outstanding checks on July 31, total $5,904   Deposits in transit on July 31 total $2,201.40   Bank statement shows: A. Debit-NSF check: $425.60 B. Debit-bank fee $30 C. Credit- collection of note receivable for $1,000 plus interest earned $50 and bank collection fee $15.   Required:Prepare bank reconciliation on July 31, 2019.

Bank reconciliation and entriesThe cash account for Coastal Bike Co. at October 1, 2019, indicated abalance of $5,140. During October, the total cash deposited was $39,175,and checks written totaled $40,520. The bank statement indicated abalance of $8,980 on October 31, 2019. Comparing the bank statement,the canceled checks, and the accompanying memos with the recordsrevealed the following reconciling items: A. Checks outstanding totaled $5,560.B. A deposit of $1,050 representing receipts of October 31 had beenmade too late to appear on the bank statement.C. The bank had collected for Coastal Bike Co. $2, 120 on a note leftfor collection. The face of the note was $2,000. D. A check for $370 returned with the statement had beenincorrectly charged by the bank as $730.E. A check for $310 returned with the statement had been recordedby Coastal Bike Co. as $130. The check was for the payment of anobligation to Rack Pro Co. on account. F. Bank service charges for October amounted to $25.G. A…

The following information was available to reconcile A.C. Forrest Company's book cash             balance with its bank statement as of June 30, 2020:                           The June 30 cash balance according to the accounting records was $14,630.                           Oustanding checks from May's bank reconciliation:             Check # 229   $770         Check # 230   540                       Below is a record of the cash receipts and cash payments for June:                           Cash Deposits   Cash Payments     Date Amount   Check# Amount     Jun 2 $3,600   231 $1,500     Jun 5 4,210   232 7,510     Jun 11 5,230   233 1,800     Jun 17 4,500   234 3,230     Jun 23 3,350   235 1,100     Jun 27 5,100   236 1,250     Jun 30 5,390   237 6,270           238 1,650           239 820           240 1,430           241 740           242 1,310           243 2,190           244 5,300                                 Continued…

Bank reconciliation and entries                               The following information was available to reconcile Nelson Company's book cash               balance with its bank statement as of September 30, 2021:                               The September 30 cash balance according to the accounting records was $21,870.                               Oustanding checks from August's bank reconciliation:               Check # 356   $1,240           Check # 357   775           Check # 359   3,280           Check # 360   924                           Below is a record of the cash receipts and cash payments for September:                               Cash Deposits   Cash Payments       Date Amount   Check# Amount       Sep 2 $8,359   361 $3,268       Sep 4 11,250   362 7,140       Sep 6 4,371   363 4,257       Sep 12 5,260   364 3,525       Sep 15 12,118   365 4,160       Sep 18 7,493   366 1,789       Sep 22 5,395   367 6,285       Sep 27…

Hunter Company bank statement indicated a cash balance of $9,610, while the cash 11. chut ledger account on that date shows a balance of $7,430 in July 31. Outstanding checks totaled $2,417. A $500 check mailed to the bank for deposit had not reached the bank at the statement date. The bank returned a customer's NSF check for $225 received as payment of an account receivable. 2016092 FAT 2019302296 The bank statement showed $30 interest earned on 201504 20130022 2019002295 the bank balance for the month of July. 7090022 2019002295 20120

ABC Company reported that the cash account per ledger had a balance at December 31, 2021 of P4,415.000 which consisted of the following: Petty Cash fund Undeposited receipts including a postdated customer check for P70,000 Cash in Allied Bank, per bank statement, with a check for P40,000 still outstanding Bond sinking fund Vouchers paid out of collections, not yet recorded IOUS signed by employees, taken from collections 24,000 1,220,000 2,245,000 850,000 43,000 33,000 4.415.000 What amount should be reported as cash in the December 31, 2021 statement of financial position?