Business, 18.03.2021 01:20 eraines1714

The book balance in the checking account of Johnson Enterprises as of October 31 is $5,723.80. The bank statement shows an ending balance of $5,217.00. The following information is discovered by (1) comparing last month's deposits in transit and outstanding checks with this month's bank statement, (2) comparing deposits and checks written per books and per bank in the current month, and (3) noting service charges and other debit and credit memos shown on the bank statement. Deposits in transit:
10/29 S2.10-0° Outstanding checks: 10/30 406.00 No. 1635 56.40 No. 1639 175.00 No. 1641 135.50 Unrecorded ATM withdrawal:" Bank service charge: No. 1653 443.10 200.00 NSF check: 37.00 Error nn man'. 476.00
Error on Check No. 1624 Checkbook shows it was for $75, but it was actually written for $57. Accounts payable was debited.
*Funds were withdrawn by Enoch Johnson for personal use.
1. Prepare a bank reconciliation as of October 31, 20--.
2. Prepare the required journal entries.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 13:30

According to the map, which continent has the most countries with a low gdp level? which two countries have the highest gdp level?

Answers: 1

Answer

Business, 21.06.2019 21:30

You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces fat and carb-free cheetos. the company stock is expected to earn a 14% annual return; however, 5 years later it is only worth $20,000. turns out there wasn't as much demand for fat and carb-free cheetos as you had hoped. what is the annual rate of return on your investment?

Answers: 1

Answer

Business, 22.06.2019 14:50

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Answers: 2

Answer

Business, 22.06.2019 16:50

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

Answer

You know the right answer?

The book balance in the checking account of Johnson Enterprises as of October 31 is $5,723.80. The b...

Questions