A $6,000 bank deposit made on the last day of the month. Did not appear on this

Fantastic news! We've Found the answer you've been seeking!

Question:

A $6,000 bank deposit made on the last day of the month. Did not appear on this month's bank statement.

How would this item be treated on the bank reconciliation?

Related Book For answer-question

Understanding Financial Accounting

ISBN: 9781119715474

3rd Canadian Edition

Authors: Christopher D. Burnley

See More Books

Posted Date: May 27, 2023 09:50 AM

See More Questions

Chantelle Laneuville is preparing a bank reconciliation for her company, Laneuville Ltd. Required Indicate whether each of the following items would be added to the bank balance, deducted from the...
A company that uses a perpetual inventory system made the following cash purchases and sales. There was no beginning inventory. Prepare general journal entries to record the March 16 sale using the...
We will be working with a company called Global Bike Inc., (GBI). Information regarding GBI follows. Company History Global Bike Inc. has a pragmatic design philosophy that comes from its deep roots...
Determine the reactions at the beam supports for the given loading when wO = 400 lb/ft. 300 lb/ft A. 5 ft
For the frame and loading of Prob. 6.101, determine the internal forces at a point J located halfway between points A and B. 320 mm 100 N 30 160 pmn 30 D. 160 mm 240 mm 80 mun
What type T sports do you like to either participate in or watch on screen?
The following transactions occurred during the month for Mona Wade, CPA, PC: a. Wade opened an accounting firm by investing $$16,500$ cash and office furniture valued at $$5,300$. The business...
Dunn Manufacturing Company applies manufacturing overhead on the basis of direct materials costs. The estimates for 2012 were: Direct materials costs . . . . . . . . . . . . . . . . . . . . . . . . ....
Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales Expenses: Cost of goods sold Salaries expense Depreciation expense Net income Required: $...
1. Name at least three ways that Shu could automate her asset management. Suggest at least one option for retirement savings, general savings, and general convenience. 2. What major factors should...
Joseph craved both chicken wings and calamari. He consumed both goods in a particular period, reflected on the following utility schedule: Chicken Wings Calamari Units consumed (in pieces) Total...
An asset was purchased 7 years ago for $10000. It was estimated to have a 10 year service life and a salvage value of $2000 at the end of its service life. If the value of the asset is believed to...
What is the market price of a bond that matures in 25 years, and has a coupon rate of 8% paid semiannually while the yield is 9%? The bond's face value is $1000
Louie inherited a condo in downtown Las Vegas 10 years ago, worth $1,500,000, which he subsequently sold to Sal, in exchange for a single-life $55,000 annual annuity payment made at the beginning of...
1. Who and what does the Privacy Act cover? 2. According to the Principle of Ethics and Code of Professional conduct in dentistry, answer the following questions: a) How would you maintain...
A 95 kg quarterback accelerates a 0.42 kg ball from rest to 24 m/s in 0.083 s. Part A What is the specific power for this toss? Express your answer in watts per kilogram. SPLoss ? W/kg Submit Request...
*What amount is reported on the Form 1040 line: federal income tax withheld from Forms W-2 and 1099? *What amount is reported on the Form 1040, Schedule 5 line: estimated tax payments and amount...
The Pletcher Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is measured using...
TreeHold Corp. designs and builds custom harvesting equipment for logging companies across Canada. The company, which is publicly traded, has a May 31 year end.On February 18, 2024, TreeHold signed a...
Shiatsu Ltd. purchased $200,000 of corporate bonds on January 1, 2024. The bonds have a three-year term and are paying interest at a rate of 9% semi-annually on July 1 and January 1. The bonds are...
Goodfood Market Corp. is a Quebec-based online grocery company. The company provides fresh meal solutions and grocery items to members across Canada. Exhibit 9.10 contains an excerpt from Goodfoods...
Assume that Boardmaster sold skateboards to a department store for $$35,000$ cash. How would this transaction affect Boardmasters accounting equation? a. Increase both assets and stockholders...
Generally Accepted Accounting Principles (GAAP) are created by the a. Securities and Exchange Commission (SEC). b. Financial Accounting Standards Board (FASB). C. Institute of Management Accountants...
Boardmaster is famous for custom skateboards. At the end of a recent year, Boardmasters total assets added up to $$622$ million, and stockholders equity was $$487$ million. How much did...

A $6,000 bank deposit made on the last day of the month. Did not appear on this

Question:

Expert Answer:

If the 6000 bank deposit made on the last day of the month does not appear on this months bank state... View the full answer

Understanding Financial Accounting

Students also viewed these accounting questions