Which of these bank reconciliation items require journal entries? a. Outstanding checks b. Deposits in transit c.
Question:
Which of these bank reconciliation items require journal entries?
a. Outstanding checks
b. Deposits in transit
c. A check properly written by the company but paid at the wrong amount by the bank
d. NSF check from a customer
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
a b d a Outstanding checks these are checks that have been ...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
Question Posted:
Students also viewed these Business questions
-
The bank portion of the bank reconciliation for Christiansen Company at November 30, 2010, is shown here and on the next page. CHRISTIANSEN COMPANY Bank Reconciliation November 30, 2010 Cash balance...
-
We Consult You Cash Transactions March 31, 2022 General Ledger/ Company Books Bank Statement Transaction Type Transaction Type Check 1762 1,414.13 Deposit 1224 127.98 Check 1763 1,783.98 Deposit 1228...
-
a. On July 31, the company's Cash account has a $25.866 debit balance, but Its July bank statement shows a $27,919 cash balance. b. Check No. 3031 for $1,410 and Check No. 3040 for $697 were...
-
The passage indicates that the late 1850s Democrats: F. Were all Southern slaveholders who wanted to expand slavery into the territories. G. Used legislation in the early 1850s to support their...
-
What volatilities were used to construct each tree? (You computed zero-coupon bond prices in the previous problem; now you have to compute the year-1 yield volatility for 1-, 2-, 3-, and 4-year...
-
Anhydrite is a calcium sulfate mineral deposited when seawater evaporates. What is the solubility of calcium sulfate, in grams per liter? Table 17.1 gives the solubility product constant for calcium...
-
Verify the vector identity \[\begin{equation*}abla^{2} \boldsymbol{v}=abla(abla \cdot \boldsymbol{v})-abla \times(abla \times \boldsymbol{v}) \tag{15.83}\end{equation*}\]
-
As HR manager at Krameria, Inc., you are trying to determine whether there is a useful linear relationship between x, the years of education of a company employee, and y, the employees job...
-
Green Trifle Bakery discovered some errors for 2020 and 2021. What would be the impact on net income for each year if the errors were left undetected? Error Ending inventory in 2020 2020 2021 was...
-
When we represent directions in the x - y plane, we usually represent North and South by the positive and negative y directions respectively, and East and West by the positive and negative x...
-
What information is shown on the bank statement?
-
Which of the following is not an example of good internal control over cash receipts? a. Cash receipts should be deposited in the bank promptly. b. Cash receipts should be kept in a cash register, a...
-
Why are newer forms of organizational structure a challenge to traditional union-employer relationships?
-
A low-flying drone took photos of activities in the Steinberg's backyard that appeared to be meth production. The owner of the drone took the photos to the local police because of concerns about the...
-
Give at least 5 examples of procedure of Superannuation - Payments for employers in NSW under area of compliance
-
Explain how a company can both identify and manage a corporate psychopath in their organization to reduce the harm they may cause, and then (2) provide an example of a public person that meets the...
-
1. Describe, to the best of your ability, what constitutes a moment/experience of "identity-consciousness" (or, more strongly, identity crisis), as identified by Erik Erikson and discussed by Beverly...
-
How do individuals cultivate psychological fortitude to navigate adversity and rebound from setbacks amidst the complexities of modern life?
-
How many edges are there in a forest of t trees containing a total of n vertices?
-
You purchase a bond with a coupon rate of 6.7 percent, a par value $1,000, and a clean price of $905. Assume a par value of $1,000. If the next semiannual coupon payment is due in two months, what is...
-
Various adjustments made at Acres Company are listed below. Which of the adjustments would normally be reversed? a. Adjustment for accrued payroll taxes expense b. Adjustment for supplies used c....
-
Various adjustments made at Acres Company are listed below. Which of the adjustments would normally be reversed? a. Adjustment for accrued payroll taxes expense b. Adjustment for supplies used c....
-
If the owner invests additional capital in the business during the month, how would that new investment be shown in the financial statements?
-
You have XYZ trading at $42. European 6-month 40 calls and puts are traded at: CallPut bid/ask5 / 5.52.75/ 3.25 Assuming the risk free rate is 0%, do you see any arbitrage opportunity? Justify your...
-
You buy a preferred stock for $ 20. This share pays a quarterly dividend of $ 0.40. You sell the stock two years later when the market demanded rate is 7% annualized quarterly. Calculate the annual...
-
How will the intangible assets that Facebook acquired in the WhatsApp deal be accounted for in the financial statements going forward? Explain briefly
Study smarter with the SolutionInn App