Question

$8.00 E7-6 asha Orin is unable to reconcile the bank balance at January 31-

Found in Business: Accounting
Chapter 1, # 0
Posted by :
Chay
Chay Not confirmed
Rating (852):A-
Questions Asked: 1
Tutorials Posted: 2805,
Earned: $37,025.43
 
 
Q:

E7-6

Tasha Orin is unable to reconcile the bank balance at January 31. Tasha's reconciliation is shown here.                

Cash balance per bank             3,677.20

Add: NSF check          450.00

Less: Bank service charge        28.00

Adjusted balance per bank      4,099.20

           

Cash balance per books            3,975.20

Less: Deposits in transit           590.00

Add: Outstanding checks        770.00

Adjusted balance per books     4,155.20

Instructions    

(a) What is the proper adjusted cash balance per bank?        

(b) What is the proper adjusted cash balance per books?      

(c) Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books.         

 
 

Tutorial
 
$8.00
E7-6 asha Orin is unable to reconcile the bank balance at January 31-
  • This tutorial was purchased 1 time and rated No Rating by students like you.
  • Posted on May. 31, 2012 at 07:51:04AM
A:
Preview: ... ee the ...
The full tutorial is about 4 words long plus attachments.

attachmentlogo

Attachments:
E7-6 Tasha Orin.doc (14K) (Preview)