What type of account does Tala have? 2. What was the balance in the account on...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
What type of account does Tala have? 2. What was the balance in the account on June 30, 2015? 3. How much is the total amount deposited to the account in July? 4. On what date was P 50 withdrawn from the account? 5. What is the reason for the decrease of P-7,000 in Tala's balance? Tala Dry Goods Matapat Rd., Pampanga Date June30 July 1 Jul 9 July 15 July 26 July 31 TALA'S BANK STATEMENT FOR JULY 31, 2015 INT DM NSF Transactions/ Descriptions 6311 Cash Deposit 6308 Check No. 02001 6499 Service Charge 6311 Cash Deposit 4048 NSF CODES INTEREST STATEMENT PERIOD: JULY 1-31, 2015 Debit SunOne Bank BANK CHARGES NO SUFFICIENT FUND Reference No. Current Account No. 0436-287 Month: July 31, 2015 432 451 DM308 452 DM333 Deposits P140,000 P5,000 50 7000 CREDIT MEMO 0 Credit P12,000 128,000 Checks P5,000 Balance P58,000 70,000 65,000 64,950 192,950 185,950 DEBIT MEMO P7,050 What type of account does Tala have? 2. What was the balance in the account on June 30, 2015? 3. How much is the total amount deposited to the account in July? 4. On what date was P 50 withdrawn from the account? 5. What is the reason for the decrease of P-7,000 in Tala's balance? Tala Dry Goods Matapat Rd., Pampanga Date June30 July 1 Jul 9 July 15 July 26 July 31 TALA'S BANK STATEMENT FOR JULY 31, 2015 INT DM NSF Transactions/ Descriptions 6311 Cash Deposit 6308 Check No. 02001 6499 Service Charge 6311 Cash Deposit 4048 NSF CODES INTEREST STATEMENT PERIOD: JULY 1-31, 2015 Debit SunOne Bank BANK CHARGES NO SUFFICIENT FUND Reference No. Current Account No. 0436-287 Month: July 31, 2015 432 451 DM308 452 DM333 Deposits P140,000 P5,000 50 7000 CREDIT MEMO 0 Credit P12,000 128,000 Checks P5,000 Balance P58,000 70,000 65,000 64,950 192,950 185,950 DEBIT MEMO P7,050 What type of account does Tala have? 2. What was the balance in the account on June 30, 2015? 3. How much is the total amount deposited to the account in July? 4. On what date was P 50 withdrawn from the account? 5. What is the reason for the decrease of P-7,000 in Tala's balance? Tala Dry Goods Matapat Rd., Pampanga Date June30 July 1 Jul 9 July 15 July 26 July 31 TALA'S BANK STATEMENT FOR JULY 31, 2015 INT DM NSF Transactions/ Descriptions 6311 Cash Deposit 6308 Check No. 02001 6499 Service Charge 6311 Cash Deposit 4048 NSF CODES INTEREST STATEMENT PERIOD: JULY 1-31, 2015 Debit SunOne Bank BANK CHARGES NO SUFFICIENT FUND Reference No. Current Account No. 0436-287 Month: July 31, 2015 432 451 DM308 452 DM333 Deposits P140,000 P5,000 50 7000 CREDIT MEMO 0 Credit P12,000 128,000 Checks P5,000 Balance P58,000 70,000 65,000 64,950 192,950 185,950 DEBIT MEMO P7,050 What type of account does Tala have? 2. What was the balance in the account on June 30, 2015? 3. How much is the total amount deposited to the account in July? 4. On what date was P 50 withdrawn from the account? 5. What is the reason for the decrease of P-7,000 in Tala's balance? Tala Dry Goods Matapat Rd., Pampanga Date June30 July 1 Jul 9 July 15 July 26 July 31 TALA'S BANK STATEMENT FOR JULY 31, 2015 INT DM NSF Transactions/ Descriptions 6311 Cash Deposit 6308 Check No. 02001 6499 Service Charge 6311 Cash Deposit 4048 NSF CODES INTEREST STATEMENT PERIOD: JULY 1-31, 2015 Debit SunOne Bank BANK CHARGES NO SUFFICIENT FUND Reference No. Current Account No. 0436-287 Month: July 31, 2015 432 451 DM308 452 DM333 Deposits P140,000 P5,000 50 7000 CREDIT MEMO 0 Credit P12,000 128,000 Checks P5,000 Balance P58,000 70,000 65,000 64,950 192,950 185,950 DEBIT MEMO P7,050
Expert Answer:
Answer rating: 100% (QA)
1 What type of account does Tala have Tala has a Current Account at SunOne Bank A current account is ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Carol Harris, Ph.D, CPA, is a single taxpayer and she lives at 674 Yankee Street, Durham, NC 27409. Her Social Security number is 793-52-4335. Carol is an Associate Professor of Accounting at a local...
-
An airplane is flying at 32,000 feet when it starts its decent. It is descending at a rate of 2000 feet per minute. Let x represent the minutes of the flight's descent and y represent the planes...
-
Taylor Company, a household appliances dealer, purchases its inventories from various suppliers. Taylor has consistently stated its inventories at the lower of cost (FIFO) or market. Required 1....
-
In Problems 522, graph each polynomial function by following Steps 1 through 5. f (x) = x 2 ( x 2 + 1)( x + 4) Steps for Graphing a Polynomial Function STEP 1: Determine the end behavior of the graph...
-
Walt Disney reports the following information for its two Parks and Resorts divisions. Assume Walt Disney uses a balanced scorecard and sets a target of 85% occupancy in its resorts. Using Exhibit...
-
Meera Corporation?s comparative balance sheets are presented below. Additional information:1. Net income was $22,630. Dividends declared and paid were $19,500.2. All other changes in noncurrent...
-
Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: Machine-hours...
-
The founder of Frenza asks us to assist her in accounting and analysis of the corporations bonds, which have an annual contract rate of 8%. She wants to know the business and accounting implications...
-
The Falco Group is a holding company selling consumer durable goods. Falco Scooters is a division of the group selling one high-end scooter model. The market for the scooter is an oligopoly: there is...
-
(CO 6) Sunrise has received an invoice for medical supplies for $5,000 with terms of a 3% discount if paid within 10 days. The invoice is due on the thirtieth day. What is the annual effective cost...
-
What is output? B 'Python' new_string my_index 0 - while my_index != len(new_string)/2: print(new_string[my_index: int(len(new_string)/2)]) my_index += 1
-
You have purchased a house for $400,000 and taken a loan that is to be repaid in 180 equal monthly payments beginning next month (15-year loan). The interest rate charged is 0.3% monthly. What are...
-
A pitcher throws a 0.90 kg ball of clay at a 5.0 kg block of wood. The clay sticks to the wood on impact, and their joint velocity afterward is 1.9 m/s. What was the original speed of the clay (in...
-
You graduate and owe $10,000 on your credit card, which charges 1.5% monthly interest. You plan on paying only the minimum payment of $200 until it is paid off. How many months will it take you to...
-
The equality operator is represented by = O = O EQ =
-
Identify Thank You mission, strategy and core competencies. Identify strategy changes that have taken place at Thank You since its founding in 2008. Your answer must in text references and must be...
-
Lisa Sizemore, a taxpayer in the 10-15 percent tax bracket, purchased stock as an investment on July 11, 2011. She sold the stock on July 9, 2012, 2 days before qualifying for the long-term holding...
-
Clifford Johnson has a limited partnership investment and a rental condominium. Clifford actively manages the rental condominium. During 2012, his share of the loss from the limited partnership was...
-
Jason and Mary Wells, friends of yours, were married on December 30, 2012. They know you are studying taxes and have come to you with a question concerning their filing status. Jason and Mary would...
-
Sketch and explain a simple diagram to match your exhibit.
-
Now assume that \($2\) million of Financial Services costs are related to billing and managerial reporting and \($1\) million are related to payroll and personnel management activities. a. Devise and...
-
What is marginal analysis?
Study smarter with the SolutionInn App