do i add the opening balance after the difference of opening balance of bank statement and cash book gives me zero when i update the cash book?
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do i add the opening balance after the difference of opening balance of bank statement and
when i update the cash book?
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- Determine the adjusted balance of thr cash in bank. Asap please? i really need thisInterest received by the bank on behalf of the customers is: Added to cash balance Deducted from cash balance Added to the bank balance Deducted from bank balance ashemi (Log out) 直。For the recounciliation statement find the balance as per bank statement,add lodegements, less unpresented cheques and balance as per updated cash book
- trail balance not include O revenue. O cost of goods sold. O Ending inventory. O fright-in account. Dividend occur in the O single step income ststement. multiple step statement. O retained earning. Balance sheet.Why may there be a difference between the bank statement ending cash balance and the ending balance in the Cash account? Give at least two examples each of adjustments to the bank balance and to the book balance.Use the information from the attached image to answer questions 10 – 14. This is Mason's monthly bank statement and check register. What is the ending balance on the statement? Answers A. $1,352.61 B. $1,257.23 C. $1,241.66 D. $747.61 Question11. What is the total of the outstanding deposits? Answers A. $20 B. $625 C. $605 D. $8 Question12. What is the total of the outstanding withdrawals? Answers A. $130.95 B. $87.38 C. $8.00 D. $43.57 Question13. What is the revised statement balance? Answers A. $1,241.66 B. $1,277.23 C. $1,233.66 D. $1,352.61 Question14. What is the revised balance of the check register? Answers A. $1,198.09 B. $1,257.23 C. $1,233.66 D. $1,291.66
- * Required: a. Prepare the adjusting entries required for the cash account. Calculate the adjusted balance per books. b. Prepare a bank reconciliation as at January 31.Based on the he following information,preaper a blank reconciliation to determine the adjusted( corrected) balance; ( input each amount bas a positive value) Bank balance. $680 Checkbook balance. $642 Outstanding checks. $112 Direct deposit. $70 Account fees. $12 ATM withdrawal $80 Deposit in transit. $60 Interest earned. $8 Bank statement. Your checkbookIndicate whether each transaction would require an adjustment to the bank balance or the book balance when reconciling cash. Interest earned on the cash balance per the bank Choose. statement Minimum balance bank fee charged on the bank Choose. statement Collecton on a note from a customer as indicated on the Choose. bank statement NSF check received from a customer as revealed on the Choose. bank statement Outstanding checks Choose. Bank service charge on the bank statement Choose.
- Which of the following item, have been recorded on the company's books but not yet by the bank: ered f1.00 Select one: stion a. Cash per bank b. Outstanding checks c. Cash per book d. Deposits in transitIV. Direction: Determine if the bank transaction is to be shown on the debit side or credit side of bankstatement. Write DEBIT or CREDIT on the blank before the number. __________1. NSF check.__________2. Interest on depositor’s account.__________3. Cancelled check.__________4. Deposits made by depositor.__________5. Check booklet fee.__________6. Payment made by debtor to the account of depositor.__________7. Notes collected by bank for the account of depositor.__________8. Bank service charge.__________9. Check from customer honored by bank._________10. Check issued by depositor honored by bankcan you please do this question that is about the bank balance sheet to do assets and liabilities and income statement? please if you can do it per 1 hour?