Brangelina Adoption Agency's general ledger shows a cash balance of $4,580. The balance of cash in...

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Brangelina Adoption Agency's general ledger shows a cash balance of $4,580. The balance of cash in the March-end bank statement is $7,319. A review of the bank statement reveals the following information: checks outstanding of $2,790, bank service fees of $72, and interest earned of $21. Calculate the correct balance of cash at the end of March. (Amounts to be deducted should be indicated with a minus sign.) Bank balance Company balance Checks outstanding Service fees Interest earned Cash balance per reconciliation Cash balance per reconciliation Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $13,400. On September 9, the customer unexpectedly pays the $13,400 balance. Record the cash collection on September 9. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 > Record the portion of uncollectible previously written off. Note: Enter debits before credits. Date General Journal Debit Credit September 09 Journal entry worksheet 1 2 > Record the cash collection on September 9. Note: Enter debits before credits. Date General Journal Debit Credit September 09 Brangelina Adoption Agency's general ledger shows a cash balance of $4,580. The balance of cash in the March-end bank statement is $7,319. A review of the bank statement reveals the following information: checks outstanding of $2,790, bank service fees of $72, and interest earned of $21. Calculate the correct balance of cash at the end of March. (Amounts to be deducted should be indicated with a minus sign.) Bank balance Company balance Checks outstanding Service fees Interest earned Cash balance per reconciliation Cash balance per reconciliation Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $13,400. On September 9, the customer unexpectedly pays the $13,400 balance. Record the cash collection on September 9. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 > Record the portion of uncollectible previously written off. Note: Enter debits before credits. Date General Journal Debit Credit September 09 Journal entry worksheet 1 2 > Record the cash collection on September 9. Note: Enter debits before credits. Date General Journal Debit Credit September 09

Answer rating: 100% (QA)

Amswes Company YBalamce Bank Balan ce 7319 4580 Less Checks outstanding Less serice Fee ... View the full answer