7 01:52:31 Fred Fox Company received its bank statement for May 31, 2022. It showed an...
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7 01:52:31 Fred Fox Company received its bank statement for May 31, 2022. It showed an ending balance of $9,450. The balance in the company's Cash account on the same date was $7,731. The following information was gathered: The bank collected a note receivable for the company for $2,005 which included interest of $155 which had not been previously accrued. 2.A service charge of $27 and credit card processing fees of $70 appeared on the bank statement. 3 The bank statement shows a check for $420 from a customer for payment on their account was returned as NSF. The firm's records indicate that check 1137 for payment to a vendor was recorded at $190. However, the 4. 'canceled check and the listing on the bank statement show that the correct amount of the check was $109. 5.A $2,500 deposit made on May 30 does not appear on the bank statement. 6.Two outstanding checks had not been paid by the bank: check 4130 for $550 and check 4135 for $2,100. Required: 1. Prepare a bank reconciliation statement for the firm as of May 31, 2022. 2. Record entries for any items on the bank reconciliation statement that must be journalized, in good form. NOTE: The templates will not auto-format amounts. Enter dollar signs or commas in dollar amounts manually. To indent accounts in the general journal template, you must put 3 periods before the account title. For example, to indent Buildings, type ...Buildings Complete this question by entering your answers in the tabs below. 7 80152:09 Mc Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation statement for Fred Fox Company. 1 2 3 4 5 6 7 8 The templates will not auto-format amounts. Enter dollar signs or commas in dollar amounts manually. To indent accounts in the general journal template, you must put 3 periods before the account title. For example, to indent Buildings, type ...Buildings 9 10 11 12 13 A B с D F F 7 01:51:44 Complete this question by entering your answers in the tabs below. Required 1 Record entries for any items on the bank reconciliation statement that must be journalized in good form. NOTE: The template will not format amounts. Enter dollar signs or commas in dollar amounts manually. To indent accounts in the template, you must put 3 periods before the account title. For example, to indent Buildings, type ...Buildings 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Required 2 A Date B GENERAL JOURNAL Description с Debit D Credit Show less A 7 01:52:31 Fred Fox Company received its bank statement for May 31, 2022. It showed an ending balance of $9,450. The balance in the company's Cash account on the same date was $7,731. The following information was gathered: The bank collected a note receivable for the company for $2,005 which included interest of $155 which had not been previously accrued. 2.A service charge of $27 and credit card processing fees of $70 appeared on the bank statement. 3 The bank statement shows a check for $420 from a customer for payment on their account was returned as NSF. The firm's records indicate that check 1137 for payment to a vendor was recorded at $190. However, the 4. 'canceled check and the listing on the bank statement show that the correct amount of the check was $109. 5.A $2,500 deposit made on May 30 does not appear on the bank statement. 6.Two outstanding checks had not been paid by the bank: check 4130 for $550 and check 4135 for $2,100. Required: 1. Prepare a bank reconciliation statement for the firm as of May 31, 2022. 2. Record entries for any items on the bank reconciliation statement that must be journalized, in good form. NOTE: The templates will not auto-format amounts. Enter dollar signs or commas in dollar amounts manually. To indent accounts in the general journal template, you must put 3 periods before the account title. For example, to indent Buildings, type ...Buildings Complete this question by entering your answers in the tabs below. 7 80152:09 Mc Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation statement for Fred Fox Company. 1 2 3 4 5 6 7 8 The templates will not auto-format amounts. Enter dollar signs or commas in dollar amounts manually. To indent accounts in the general journal template, you must put 3 periods before the account title. For example, to indent Buildings, type ...Buildings 9 10 11 12 13 A B с D F F 7 01:51:44 Complete this question by entering your answers in the tabs below. Required 1 Record entries for any items on the bank reconciliation statement that must be journalized in good form. NOTE: The template will not format amounts. Enter dollar signs or commas in dollar amounts manually. To indent accounts in the template, you must put 3 periods before the account title. For example, to indent Buildings, type ...Buildings 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Required 2 A Date B GENERAL JOURNAL Description с Debit D Credit Show less A
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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