The following information pertains to Family Video Company. 1. Cash balance per bank, July 31, $8,228.98. 2.
Question:
The following information pertains to Family Video Company.
1. Cash balance per bank, July 31, $8,228.98.
2. July bank service charge not recorded by the depositor $31.72.
3. Cash balance per books, July 31, $8,252.77.
4. Deposits in transit, July 31, $1,699.50.
5. Bank collected $1,019.70 note for Family in July, plus interest $40.79, less fee $22.66. The collection has not been recorded by Family, and no interest has been accrued.
6. Outstanding checks, July 31, $669.60.
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Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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