At 31 July Ridley Pty Ltd has this bank information: cash balance as per bank $8420;...

At 31 July Ridley Pty Ltd has this bank information: cash balance as per bank $8420; unpresented cheques $862; outstanding deposits $2700; and a bank service charge $20. Determine the balance of the Cash at Bank account after any required adjustments. Prepare entry to replenish a petty cash fund.

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ekkarill92 answered 1 year ago

A company has the following information. 1. Cash balance per bank, July 31, $7,328 2. July...

A company has the following information. 1. Cash balance per bank, July 31, $7,328 2. July bank service charge on bank statement, $40 3. Cash balance per company books, July 31, $7,280 4. Bank statement shows a Note Receivable of $2,000 plus $16 of interest was collected by the bank. 5. Outstanding checks, July 31, $772 6. Deposits in transit, July 31, $2,700 Compute the adjusted cash balance per company books. Do not enter a dollar sign or any commas.

At July 31, Crane Company has this bank information: cash balance per bank $8,360, outstanding checks...

At July 31, Crane Company has this bank information: cash balance per bank $8,360, outstanding checks $800, deposits in transit $1,325 and a bank service charge $20. Determine the adjusted cash balance per bank at July 31. The adjusted cash balance per bank at July 31 $

The following information is for Blossom Company: 1. Cash balance per bank, July 31, $8,836. 2....

The following information is for Blossom Company: 1. Cash balance per bank, July 31, $8,836. 2. July bank service charge not recorded by the depositor, $28. 3. The bank erroneously charged another company’s $840 cheque against Blossom’s account. 4. Cash balance per books, July 31, $10,541. 5. The bank charged Blossom’s account $420 for a customer’s NSF cheque. 6. Deposits in transit, July 31, $2,640. 7. Blossom recorded a cash receipt for a cash sale from a customer as $32....

The following information pertains to Sheridan Video Company. 1. Cash balance per bank, July 31, $7,943....

The following information pertains to Sheridan Video Company. 1. Cash balance per bank, July 31, $7,943. 2. July bank service charge not recorded by the depositor $37. 3. Cash balance per books, July 31, $7,964. 4. Deposits in transit, July 31, $1,840. 5. Bank collected $1,240 note for Sheridan in July, plus interest $45, less fee $29. The collection has not been recorded by Sheridan, and no interest has been accrued. 6. Outstanding checks, July 31, $600.

The following information pertains to Ghose Company. 1. Cash balance per bank, July 31, $8,569. 2....

The following information pertains to Ghose Company. 1. Cash balance per bank, July 31, $8,569. 2. July bank service charge not recorded by the depositor $62. 3. Cash balance per books, July 31, $8,605. 4. Deposits in transit, July 31, $3,941. 5. Note for $3,241 collected for Ghose in July by the bank, plus interest $60 less fee $44. The collection has not been recorded by Ghose, and no interest has been accrued. 6. Outstanding checks, July 31, $710.

The following information pertains to Novak Corp.. 1. Cash balance per bank, July 31, $7,723. 2....

The following information pertains to Novak Corp.. 1. Cash balance per bank, July 31, $7,723. 2. July bank service charge not recorded by the depositor $34. 3. Cash balance per books, July 31, $7,744. 4. Deposits in transit, July 31, $1,730. 5. The bank collected $1,146 in July for Novak through electronic funds transfer. The collection has not been recorded by Novak. 6. Outstanding checks, July 31, $597. Prepare a bank reconciliation at July 31.

The following information pertains to Blue Spruce Corp.. 1. Cash balance per bank, July 31, $8,003....

The following information pertains to Blue Spruce Corp.. 1. Cash balance per bank, July 31, $8,003. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,024. 4. Deposits in transit, July 31, $1,870. 5. The bank collected $1,286 in July for Blue Spruce through electronic funds transfer. The collection has not been recorded by Blue Spruce. 6. Outstanding checks, July 31, $599. Prepare a bank reconciliation at July 31.

he following information is for Ivanhoe Company: 1. Cash balance per bank, July 31, $7,658. 2....

he following information is for Ivanhoe Company: 1. Cash balance per bank, July 31, $7,658. 2. July bank service charge not recorded by the depositor, $22. 3. The bank erroneously charged another company’s $730 cheque against Ivanhoe’s account. 4. Cash balance per books, July 31, $9,135. 5. The bank charged Ivanhoe’s account $360 for a customer’s NSF cheque. 6. Deposits in transit, July 31, $2,290. 7. Ivanhoe recorded a cash receipt for a cash sale from a customer as $32....

The following information pertains to Vaughn Video Company. 1. Cash balance per bank, July 31, $7,983....

The following information pertains to Vaughn Video Company. 1. Cash balance per bank, July 31, $7,983. 2. July bank service charge not recorded by the depositor $36. 3. Cash balance per books, July 31, $8,004. 4. Deposits in transit, July 31, $1,860. 5. Bank collected $1,260 note for Vaughn in July, plus interest $44, less fee $28. The collection has not been recorded by Vaughn, and no interest has been accrued. 6. Outstanding checks, July 31, $599. Prepare a bank...

The following information is available for xyz company ltd. as at 12/31/17 Balance as per bank...

The following information is available for xyz company ltd. as at 12/31/17 Balance as per bank statement $50,207.50 Balance as per general ledger $ 41,608.50 outstanding cheques $9,267 bank service charge $52 NSF checks $616 prepare a bank reconciliation and journal entries

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