ACCOUNTING

Prepare a bank reconciliation

- Ending Cash balance per bank
P 18,972.67
- Ending Cash balance per book
P 16,697.76
- Deposit in transit
P 3,251.42
- Bank Service Charge
P 20.00
- Outstanding Checks
P 4,163.51
- Note Collected by bank including P 50 interest (Owner yet beennot notified)
P 2,150
- Error by bank - check drawn by corp. was charged to owner account
P 713.18
- A sale and deposit of P 1,628 were entered in the sales journal and cash receipts journal as 1,682.

  1. 👍
  2. 👎
  3. 👁
  1. So is I'm get back in payment settlements 18972.67 JD Morgan chase Bank

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Accounting

    Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than

  2. Business Finance

    On November 1, 2009, Broom Company received a bank statement that showed a $2950 balance. Broom showed a $4010 checking account balance. The bank didn't return check No. 124 for $1080 and ch for check No.138 for $720. A $3200

  3. accounting

    On, April 1, 2015, Lester Company received a bank statement that showed a balance of $ 8,950. Lester showed a $8,000 checking account balance. The bank did not return check No. 115 for $750 or check No. 118 for $370.00. A $900.00

  4. Accounting/Math/Exchange rates

    1. Indicate how each of the following international transactions is entered into the U.S. balance of payments with double-entry bookkeeping: a. A U.S. resident imports $500 worth of merchandise from a U.K. resident and agrees to

  1. Finance

    Following are selected balance sheet accounts for Third State Bank: vault cash  $2 million; U.S. government securities  $5 million; demand deposits  $13 million; nontransactional accounts  $20 million; cash items in process of

  2. accounts

    Analyze the transactions and do the following:- 1. Post to T Accounts 2. Prepare a Chart of Account 3. Record in the General Journal 4. Post to the General Ledger 5. Prepare a Trial Balance 6. Prepare a Six Column Worksheet 7.

  3. accounting

    On May 31, 2011, James Logan Company had a cash balance per books of $6,781.50. The bank statement from Farmers State Bank on that date showed a balance of $6,404.60. A comparison of the statement with the cash account revealed

  4. Math

    While preparing the February 28th bank reconciliation for the checking account for Willow, Inc., the accountant identified the following items: Willow's balance according to the general ledger $46,200 Outstanding checks $1,100

  1. Financial Accounting

    Calculate accounts receivable turnover ratio. Calculate accounts receivable turnover ratio. Selected information from Mystic Corporation’s balance sheet at December 31, 2010 and income statement for the year ended December 31,

  2. math

    . The bank statement of July 31 for Walgreens showed a balance of $6,008.10, and the checkbook showed a balance of $1,900.40. The bookkeeper of Walgreens noticed from the bank statement that the bank had collected a note for

  3. Math

    Ursula has a bank account balance of $60.Her bank charges a fee of $34 for each overdraft. She makes a purchase of $25.17 today, and purchases of $45.76 and $24.36 tomorrow. What is her account balance after the bank applies the

  4. accounting

    Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an

You can view more similar questions or ask a new question.