![subject](/tpl/images/cats/ekonomika.png)
Business, 03.04.2021 05:30 brendamillan05
Sandhill Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2022, the companyâs Cash account per its general ledger showed a balance of $6,833.90.
The bank statement from Emporia State Bank on that date showed the following balance.
EMPORIA STATE BANK
Checks and Debits Deposits and Credits Daily Balance
XXX XXX 5-31 7,063.00
A comparison of the details on the bank statement with the details in the Cash account revealed the following facts.
1. The statement included a debit memo of $59.00 for the printing of additional company checks.
2. Cash sales of $902.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $952.15. The bank credited Sandhill Co. for the correct amount.
3. Outstanding checks at May 31 totaled $285.25, and deposits in transit were $1,899.15.
4. On May 18, the company issued check No. 1181 for $684.00 to H. Moses, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Sandhill Co. for $648.00.
5. $2,804.00 was collected from a customer note receivable by the bank for Sandhill Co. on May 31 through electronic funds transfer.
6. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $341.00 that was incorrectly charged to Sandhill Co. by the bank.
7. On May 31, the bank statement showed an NSF charge of $475.00 for a check issued by Sara Ballard, a customer, to Sandhill Co. on account.
Required:
Prepare the bank reconciliation at May 31, 2022.
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:30, khenalilovespandas
Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 12:00, kaylallangari549
In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:
Answers: 2
You know the right answer?
Sandhill Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers....
Questions in other subjects:
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2019 04:31
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2019 04:31
![Konu](/tpl/images/cats/ekonomika.png)
Business, 10.12.2019 04:31
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
English, 10.12.2019 04:31
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)