Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Sep 2017 My Price 8.00

Bennett Company

Preparing Bank Reconciliation, Entries, and Reporting Cash - The September 30, 2011, bank statement for Bennett Company and the September ledger accounts for cash are summarized here:

BANK STATEMENT

Checks

Deposits

Balance

Balance, September 1, 2011

$6,500

Deposits recorded during September

$26,900

33,400

Checks cleared during September

$27,400

6,000

NSF checks—Betty Brown

170

5,830

Bank service charges

60

5,770

Balance, September 30, 2011

5,770

 

Cash (A)

Sept. 1

Balance

6,500

  

Checks written

28,900
 

Deposits

28,100

No outstanding checks and no deposits in transit were carried over from August; however, there are deposits in transit and checks outstanding at the end of September.

Required:

1. Reconcile the bank account.

2. Give any journal entries that should be made as the result of the bank reconciliation.

3. What should the balance in the Cash account be after the reconciliation entries?

4. What total amount of cash should the company report on the September 30 balance sheet?

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Sep 2017 02:09 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)