Business, 18.07.2020 04:01 jackie1013fusse

QS 8-8 Bank reconciliation LO P3 Nolan Company's cash account shows a $21,268 debit balance and its bank statement shows $19,711 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $2,231. The June 30 bank statement lists $27 in bank service charges; the company has not yet recorded the cost of these services. In reviewing the bank statement, a $50 check written by the company was mistakenly recorded in the company’s books as $59. June 30 cash receipts of $3,801 were placed in the bank’s night depository after banking hours and were not recorded on the June 30 bank statement. The bank statement included a $31 credit for interest earned on the company’s cash in the bank. The company has not yet recorded interest earned. Prepare a bank reconciliation using the above information.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:00, J3ak06

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them. it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies. while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process. all of these.

Answers: 3

continue

Business, 22.06.2019 09:50, thanitoast84

Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses

Answers: 3

continue

Business, 23.06.2019 00:00, shiba8667

How did the change in textile production affect employment in spinning and weaving for adults and children?

Answers: 1

continue

Business, 23.06.2019 12:20, kfnldkl1782

Gross output (go) reflects the overall status of the productive side of the economy better than gdp does. a. true b. false

Answers: 2

continue

You know the right answer?

QS 8-8 Bank reconciliation LO P3 Nolan Company's cash account shows a $21,268 debit balance and its...