From the following information, construct a bank reconciliation for Zing Co. as of March 31, 201X. Then prepare journal entries ifneeded.
Answer to relevant QuestionsFrom the following, which are subdivisions of owner’s equity?a. Trees ______b. J. Penny, Capital ______c. Accounts Payable ______d. J. Penny, Withdrawals ______e. Accounts Receivable ______f. Advertising Expense ...Record the following transactions in the basic accounting equation. Treat each one separately.a. Morgan invests $118,000 in company.b. Bought equipment for cash, $1,100.c. Bought equipment on account, $800.In general journal form, prepare journal entries to establish a petty cash fund on October 1 and replenish it on October 31.201XOct. 1 A $109 petty cash fund is established.31 At the end of the month, $23 cash plus the ...In general journal form, prepare journal entries to establish a petty cash fund on January 1 and replenish it on January 31.201XJan. 1 A $107 petty cash fund is established.31 At the end of the month, $32 cash plus the ...From the following, record the transactions in Burbanks’s auxiliary petty cash record and general journal as needed:201XOct. 1 A check was drawn (no. 444) payable to Jane Janiak, petty cashier, to establish a$180 petty ...
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