The December cash records of Kirk’s Hardware follow: Cash Receipts   Cash Payments Date Cash Debit   Cheque # Cash Credit 4-Dec  $       4,170   1416  $          860 9-Dec               510   1417               130 14-Dec               530   1418               650 17-Dec           2,180   1419           1,490 31-Dec           1,850   1420           1,440       1421               900       1422               630           Kirk’s Cash account shows a balance of $16,740 at December 31. On December 31, Kirk Hardware received the following bank statement:   Bank Statement for December 2020 Beginning balance Deposits and other credits:    $     13,600 1-Dec   EFT  $                 300   5-Dec                      4,170   10-Dec                         510   15-Dec                         530   18-Dec                      2,180   22-Dec   BC                  1,400                     9,090 Cheques and other debits:       8-Dec   NFS  $              1,000   11-Dec                         860   19-Dec   EFT                     700   22-Dec                         130   29-Dec                         650   31-Dec                      1,940   31-Dec   SC                       60                    (5,340) Ending balance        $     17,350     Additional data for the bank reconciliation follows: The EFT credit was a receipt of rent. The EFT debit was an insurance payment for December. The NSF check was received from a customer. The $1,400 bank collection was for a note receivable. The correct amount of check 1419 for rent expense is $1,940. Kirk’s controller mistakenly recorded the check for $1,490. Prepare the general journal entries, the adjusted cash book and the bank reconciliation.

The bank statement for Jeffrey Co. indicates a balance of $8,785 on October 31. After the journals for October had been posted, the cash account had a balance of $8,998. a. Cash sales of $945 had been erroneously recorded in the cash receipts journal as $495. b. Deposits in transit not recorded by bank, $778. c. Bank debit memo for service charges, $40. d. Bank credit memo for note collected by bank, $23,985 plus $885 interest. e. Bank debit memo for $756 NSF (not sufficient funds) check from Calin Sams, a customer. f. Checks outstanding, $1,860. Record the appropriate journal entries that would be necessary for Jeffrey Co. Record the entry that increases cash first. If an amount box does not require an entry, leave it blank.

Carla Vista Company established a petty cash fund on May 1, cashing a cheque for $150.00. The company replenished the fund on June 1 and July 1 with the following results. June 1: July 1: Cash in fund, $4.75 Receipts: Delivery expense Postage expense Travel expense Cash in fund. $3.25 Receipts: Delivery expense Entertainment expense Supplies $34.15 36.50 61.35 $30.00 69.45 47.30

Based on the following information, prepare the weekly entries for cash receipts from service fees and cash short and over. A change fund of $100 is maintained. Date Change Fund Cash Register Receipt Amount Actual Cash Counted General Journal June 1 $100 $330.00 $433.00 GENERAL JOURNAL 8 100 297.00 400.00 DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 15 100 233.00 331.00 22 100 302.00 396.50 2 29 100 316.00 412.00 3 Required: Prepare the weekly entries for cash receipts from service fees and cash short and over. 5 6 7 8 1,

The actual cash received from cash sales was $39,114, and the amount indicated by the cash register total was $39,129. Journalize the entry to record the cash receipts and cash sales. Refer to the Chart of Accounts for exact wording of account titles. Journal Journalize the entry to record the cash receipts and cash sales on December 31. Refer to the Chart of Accounts for exact wording of account titles. 1 2 3 DATE Dec. 31 Dec. 31 DESCRIPTION JOURNAL POST. REF. DEBIT CREDIT ACCOUNTING FOLIATION ASSETS PAGE 1 LIABILITIES EQUITY

This information relates to the Cash account for Cullumber Company. Balance September 1-$17,090; Cash deposited-$64,000 Balance September 30-$18,290; Checks written-$62,800 The September bank statement shows a balance of $17,190 at September 30 and the following memoranda. Credits Collection of electronic funds transfer Interest earned on checking account $1,990 50 Debits NSF check: H. Kane Safety deposit box rent $720 65 At September 30, deposits in transit were $4,903 and outstanding checks totaled $2,548.

Madison Company's cash ledger reports the following for the month ending March 31.   Date   Amount     No. Date   Amount     Deposits: 3/4 $ 1,400   Checks: 541 3/2 $ 5,700       3/11   1,700     542 3/8   700       3/18   3,700     543 3/12   3,000       3/25   3,500     544 3/19   1,500     Cash receipts: 3/26-3/31   2,100     545 3/27   700         $ 12,400     546 3/28   800               547 3/30   1,200     Balance on March 1 $  6,100         $ 13,600     Receipts   12,400                 Disbursements   (13,600 )               Balance on March 31 $ 4,900                   Information from March's bank statement and company records reveal the following additional information: The ending cash balance recorded in the bank statement is $6,970. Cash receipts of $2,100 from 3/26–3/31 are outstanding. Checks 545 and 547 are outstanding. The deposit on 3/11 included a customer's check for $410 that did not clear the bank (NSF check). Check 543 was written…

The information below relates to the Cash Account in the Ledger of Vaughn Company. Balance September 1-$17,060;     Cash Deposited-$64,330. Balance September 30-$17,784:    Checks written-$63,606.   The September bank statement shows a balance of $16,802 on September 30 and the following memoranda. CREDITS Collection of $1684 note plus interest $36     $1720 Interest earned on checking account               $51   DEBITS NSF check: Richard Nance                         $615 Safety Deposit box Rent                              $71   At September 20, Deposits in Transit were $4640, and outstanding checks totaled $2573 Make a bank Recociliation

The month-end journal entry to adjust its cash balance to agree to the adjusted book balance should include a: a) debit to interest revenue for $125 b) credit to service revenue for $4000 c) credit to bank service charge expense for $35 d) credit to note receivable for $2500

2., On November 30, XYZ, Inc.'s petty cash fund of $150 is replenished. The fund contains cash of $30, and receipts for supplies of $75 and postage of $45. Prepare the journal entry to record the replenishment of the petty cash fund.