Question: Prepare a tabular analysis for the adjustments required to reach the adjusted cash balance per books. When completing the tabular analysis, be sure to
Prepare a tabular analysis for the adjustments required to reach the adjusted cash balance per books.
When completing the tabular analysis, be sure to include explanations for any changes in revenue and expenses.
- Bank balance: $3,678
- Book balance: $2,547
- Deposits in transit: $321
- Outstanding checks: $108 and $334
- Bank charges: $25
- Notes receivable collected by bank: $1,000; interest: $3
- Note: Use the template below for your tabular analysis
Assets = Liabilities + Stockholders Equity Cash Supplies A/R Notes Receivable Equipment Accounts Payable Salary Payable Unearned Revenue CommonStock Retained Earnings- Revenue Retained Earnings - Expenses Explanations
(Type of Revenue)
(Type of Expense
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Answer Assets Liabilities Stockholders Equity Explanations Cash 3678 Bank balance 108 Outstanding ... View full answer
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