Entries by mary WAMBUGU

A bank reconciliation revealed bank charges of $11, outstanding checks of $221, and NSF checks of $90.

August 29, 2019 in /by

Question A bank reconciliation revealed bank charges of $11, outstanding checks of $221, and NSF checks of $90. The journal entry to cause the company records to match the correct adjusted ending cash balance includes   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Zumba Rental Agency prepares monthly financial statements. On September 1, a check for $9,600 was received from a tenant for six months’ rent.

August 29, 2019 in /by

Question Zumba Rental Agency prepares monthly financial statements. On September 1, a check for $9,600 was received from a tenant for six months’ rent. The full amount was credited to Rent Revenue. Prepare the adjusting entry the company should make on September 30.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use […]

 

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On-Time Truckers prepares monthly financial statements. On July 1, the Supplies account had a balance of $3,500.

August 29, 2019 in /by

Question On-Time Truckers prepares monthly financial statements. On July 1, the Supplies account had a balance of $3,500. During July, additional supplies were purchased for $4,800 and that amount was debited to Supplies Expense. On July 31, a physical count of supplies revealed that there was $2,200 on hand. Prepare the adjusting journal entry that On-Time […]

 

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Compute Whiz Company’s adjusted cash balance per books based on the following information:

August 29, 2019 in /by

Question Compute Whiz Company’s adjusted cash balance per books based on the following information: />Beginning cash balance per books$3,000Deposit in transit500Check printing charge30Note collected by bank for Whiz1,500   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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