Question: Using the information below, calculate what was the bank statement balance of Virgin Ltd at 31 January. The adjusted Cash at bank balance is $32

Using the information below, calculate what was the bank statement balance of Virgin Ltd at 31 January. The adjusted Cash at bank balance is $32 564 Dr The outstanding deposits are $3 491 The unpresented cheques are $5 877 Select one: A. $ 34 950 Cr B. $ 41 932 Cr C. $ 23 196 Cr D. $ 30 178 Cr Clear my choice

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Using the information below, calculate what was the bank statement balance of Virgin Ltd at 31 January. The adjusted Cash at bank balance is $32 564 Dr The outstanding deposits are $3 491. The...

7-9A Preparing a bank reconciliation and recording adjustments LO6 Stewart Recording Studio, owned by Ron Stewart, showed the following bank reconciliation at March 31: Stewart Recording Studio Bank...

Help plz geNOWv2 Online teachi x + KeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre Instructions Labels and Amount Descriptions Bank Reconciliation Instructions...

w Repairs completed the following petty cash transactions during July 2017: Prepared a $500 cheque, cashed it, and turned the proceeds and the petty cash or over to Bob Stuart, the Paid $108.00 COD...

Stewart Recording Studio, owned by Ron Stewart, showed the following bank reconciliation at March 31: $31,545 Stewart Recording Studio Bank Reconciliation March 31, 2020 Bank statement balance...

Stewart Recording Studio, owned by Ron Stewart, showed the following bank reconciliation at March 31 Stewart Recording Studio Bank Reconciliation March 31, 2020 $21,900 Book balance $30,665 Bank...

Stewart Recording Studio. owned by Ron Stewart, showed the following bank reconciliation at March 31: Stewart Recording Studio Bank Reconciliation March 31, 2020 $21,400 Book balance $29,965 9,682...

Problem 7-9A Bank Reconciliation with Journal Entries *Assignment Other Journal Entries Required: Record the April bank service charges. Record the April interest expense. Record the April payment on...

Problem 7-9A Preparing a bank reconciliation and recording adjustments LO6 Stewart Recording Studio, owned by Ron Stewart, showed the following bank reconciliation at March 31: Stewart Recording...

1. pic 2 to choose which accounts to add 2. pic 3 to make adjusting entries at July 31 on the books of Sandhill Company The following information pertains to Sandhill Company. 1. 2 3. 4. 5. Cash...

How a company price is product? How does it measure the deviation in the cost of manufacturing the product?

Suppose that todays Wall Street Journal reports the yield on Treasury bills maturing in 30 days is 3.5 percent, the yield on Treasury bonds maturing in 10 years is 6.5 percent, and the yield on a...

BE15.12 (LO 5) Rockland SA reported net income of R$300,000 in 2025 and had 100,000 ordinary shares outstanding throughout the year. Also outstanding all year was R$800,000 of 10% bonds, which are...

The adjusted trial balance of Wu Delivery Services, prepared in alphabetical order follows. Credit $3,420 13,248 7,800 WU DELIVERY SERVICES Adjusted Trial Balance December 31, 2017 Debit Accounts...