Maurice Tutor

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Expertise:
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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, 5 Days Ago
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Jul 2017 My Price 5.00

debit and credit memoranda

Identify each of the following reconciling items as: 
(a) An addition to the cash balance according to the bank statement, 
(b) A deduction from the cash balance according to the bank statement, 
(c) An addition to the cash balance according to the company's records, or 
(d) A deduction from the cash balance according to the company's records. (None of the transactions reported by bank debit and credit memoranda have been recorded by the company.)
1. Bank service charges, $48.
2. Outstanding checks, $8,125.50.
3. Deposit in transit, $12,200.
4. Note collected by bank, $8,750.
5. Check drawn by company for $150 but incorrectly recorded as $510.
6. Check for $200 incorrectly charged by bank as $2,000.
7. Check of a customer returned by bank to company because of insufficient funds, $1,200

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Jul 2017 06:07 AM My Price 5.00

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