The auditor of VISTAH Company gathered the following information: 1. The November 30 bank statement balance included bank service charges of P4,000. 2. The November 30 cash balance in the general ledger was P489,000. Outstanding checks on November 30 were P126,000 while undeposited receipts were P72,000. The bank service charges as shown on the bank statement totaled P6,000.. The December 31 cash balance in the general ledger was P639,500, which recognized P965,500 for December receipts and P811,000 for checks written during December. In transit to the bank were receipts of P57,500. Checks of P30,000 written prior to December and checks of P121,000 written in December had not yet cleared the bank. Based on the above and the result of your audit, determine the following: •The total book disbursements for December. •The November 30 bank balance •The bank balance of December 31

The cash account for Norwegian Medical Co. at April 30 indicated a balance of $91,408. The bank statement indicated a balance of $126,590 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $33,700. b. A deposit of $18,900, representing receipts of April 30, had been made too late to appear on the bank statement. c. The bank collected $22,042 on a $20,600 note, including interest of $1,442. d. A check for $1,600 returned with the statement had been incorrectly recorded by Norwegian Medical Co. as $160. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account. e. A check drawn for $680 had been erroneously charged by the bank as $860. f. Bank service charges for April amounted to $40. need bank reconciliation  journal entry   If a balance sheet is prepared for Norwegian Medical Co. on April 30, what amount…

The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance according to the company’s records at August 31, $42,920. Cash balance according to the bank statement at August 31, $56,300. Checks outstanding, $25,390. Deposit in transit not recorded by bank, $13,325. A check for $150 in payment of an account was erroneously recorded in the check register as $1,500. Bank debit memo for service charges, $35. Journalize the entries that should be made by the company that (a) increase cash and (b) decrease cash. If an amount box does not require an entry, leave it blank.

The cash account for Brentwood Bike Co. at May 1 indicated a balance of $12,830. During May, the total cash deposited was $64,190 and checks written totaled $59,600. The bank statement indicated a balance of $21,760 on May 31. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: Checks outstanding totaled $9,690. A deposit of $7,900, representing receipts of May 31, had been made too late to appear on the bank statement. The bank had collected for Brentwood Bike Co. $4,170 on a note left for collection. The face of the note was $3,850. A check for $490 returned with the statement had been incorrectly charged by the bank as $940. A check for $970 returned with the statement had been recorded by Brentwood Bike Co. as $790. The check was for the payment of an obligation to Adkins Co. on account. Bank service charges for May amounted to $30. A check for $960 from Jennings Co. was returned by the bank…