Data concerning the cash records of Arones Company for the months of November and December 20x1...
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Data concerning the cash records of Arones Company for the months of November and December 20x1 are shown below (SEE PICTURE BELOW): 34. How much is the adjusted cash in bank balance as of November 30? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 (2 Points) Book balance Book debits Book credits Bank balance Bank debits Bank credits Notes collected by bank Bank service charge NSF checks Overstatement of check in payment of salaries Deposit in transit Outstanding checks Deposit of 123 Corporation erroneously credited to Arones Company's account November 30 11,200 30,000 4,500 40 1,760 3,800 12,000 19,500 4,800 December 31 ? 63,800 56,400 40,800 ? 54,600 6,000 200 2,800 2,400 22,500 35,700 3,600 How much is the adjusted receipts for the month of December? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 (2 Points) Enter your answer 36 How much is the adjusted disbursements for the month of December? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 (2 Points) How much is the adjusted cash in bank balance as of December 31? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 Data concerning the cash records of Arones Company for the months of November and December 20x1 are shown below (SEE PICTURE BELOW): 34. How much is the adjusted cash in bank balance as of November 30? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 (2 Points) Book balance Book debits Book credits Bank balance Bank debits Bank credits Notes collected by bank Bank service charge NSF checks Overstatement of check in payment of salaries Deposit in transit Outstanding checks Deposit of 123 Corporation erroneously credited to Arones Company's account November 30 11,200 30,000 4,500 40 1,760 3,800 12,000 19,500 4,800 December 31 ? 63,800 56,400 40,800 ? 54,600 6,000 200 2,800 2,400 22,500 35,700 3,600 How much is the adjusted receipts for the month of December? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 (2 Points) Enter your answer 36 How much is the adjusted disbursements for the month of December? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000 (2 Points) How much is the adjusted cash in bank balance as of December 31? Answer should be in figures only and no currency symbol. Separate every thousand digits through a comma. No decimal places. No space. Example: 1,000,000
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To answer these questions well reconcile the cash records with the bank statements by adjusting the bank balance for outstanding items Question 34 Adj... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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