Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 5.00

Cooper Advisory Services

ADJUSTING ENTRIES FROM A BANK RECONCILIATION

Cooper Advisory Services identified the following items on its October reconciliation that may require adjusting entries:

a. A deposit of $260 was recorded in Cooper’s accounting records, but not on the October 31 bank statement.

b. A check for $6,430 was outstanding at October 31.

c. Included with the bank statement was a check for $250 written by Hooper Advertising Services. The bank had, in error, deducted this check from Cooper’s account.

d. Bank service charges were $120.

e. An NSF check written by one of Cooper’s customers in the amount of $1,290 was returned by the bank with Cooper’s bank statement.

 

Answers

(5)
Status NEW Posted 16 Feb 2018 11:02 PM My Price 5.00

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