Information related to Coronado Services is as follows: balance per books at October 31, $41,940.85: November...

 

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Information related to Coronado Services is as follows: balance per books at October 31, $41,940.85: November receipts, $174,080.91; November disbursements, $166,533.82; balance per bank statement at November 30, $56,362.20. The following cheques were outstanding at November 30: # 1224 #1230 #1232 #1233 $1,706.59 2,544.20 3,710.25 508.85 Included with the November bank statement and not recorded by the business were a bank debit memo for $30.10 covering bank charges for the month, a debit memo for $664.13 for a customer's cheque returned and marked NSF and a credit memo for $1,111.00 representing bond interest collected by the bank in the name of Coronado Services. Cash on hand at November 30 that had been recorded and was not yet deposited amounted to $2,012.40. (a) Calculate the unadjusted balance in the Cash account on November 30. (Round answer to 2 decimal places, e.g. 52.75.) Unadjusted Balance per books, November 30 $ Information related to Coronado Services is as follows: balance per books at October 31, $41,940.85: November receipts, $174,080.91; November disbursements, $166,533.82; balance per bank statement at November 30, $56,362.20. The following cheques were outstanding at November 30: # 1224 #1230 #1232 #1233 $1,706.59 2,544.20 3,710.25 508.85 Included with the November bank statement and not recorded by the business were a bank debit memo for $30.10 covering bank charges for the month, a debit memo for $664.13 for a customer's cheque returned and marked NSF and a credit memo for $1,111.00 representing bond interest collected by the bank in the name of Coronado Services. Cash on hand at November 30 that had been recorded and was not yet deposited amounted to $2,012.40. (a) Calculate the unadjusted balance in the Cash account on November 30. (Round answer to 2 decimal places, e.g. 52.75.) Unadjusted Balance per books, November 30 $

Answer rating: 100% (QA)

To calculate the unadjusted balance in the Cash account on November 30 you need to start with the ba... View the full answer