On the bank stub held by a checking account bank client, write the beginning balance of $100.00 and the deposits and checks drawn. Extract the ending balance. Date Particulars Check No. Deposits Withdrawals Balance 2011 Sept. 5 Drawn check no. 56 for $30,000 for payable to SMI Corp. for payment of invoice 45. Sept. 8 Issued check no. 57 to Mariano Co. for advances for travel expense. The amount received is $16,000. Received payment from customer Ely Tan for $34,000 for merchandise sold to him. Issued OR 312. Sept. 10 Sept. 15 Sept. 27 Sept. 29 The bank used a debit memo $800 for cost of blank check book. Payment to the BIR for withholding taxes was $22,000. Check No. 58. Received from Marina Carlos $4,000 OR 313.
On the bank stub held by a checking account bank client, write the beginning balance of $100.00 and the deposits and checks drawn. Extract the ending balance. Date Particulars Check No. Deposits Withdrawals Balance 2011 Sept. 5 Drawn check no. 56 for $30,000 for payable to SMI Corp. for payment of invoice 45. Sept. 8 Issued check no. 57 to Mariano Co. for advances for travel expense. The amount received is $16,000. Received payment from customer Ely Tan for $34,000 for merchandise sold to him. Issued OR 312. Sept. 10 Sept. 15 Sept. 27 Sept. 29 The bank used a debit memo $800 for cost of blank check book. Payment to the BIR for withholding taxes was $22,000. Check No. 58. Received from Marina Carlos $4,000 OR 313.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 4PA
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Transcribed Image Text:On the bank stub held by a checking account bank client, write the beginning balance
of $100.00 and the deposits and checks drawn. Extract the ending balance.
Withdrawals
Check
No.
Deposits
Date
Particulars
Balance
2011
Sept. 5
Drawn check no. 56 for $30,000 for payable to SMI Corp. for payment of
invoice 45.
Sept. 8
Issued check no. 57 to Mariano Co. for advances for travel expense. The
amount received is $16,000.
Received payment from customer Ely Tan for $34,000 for merchandise sold to
him. Issued OR 312.
Sept. 10
Sept. 15
Sept. 27
Sept. 29
The bank used a debit memo $800 for cost of blank check book.
Payment to the BIIR for withholding taxes was $22,000. Check No. 58.
Received from Marina Carlos $4,000 OR 313.
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