Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 6-9 bank reconciliation and adjusting ent

Exercise 6-9 Bank reconciliation and adjusting entries LO P3 A table for a monthly bank...

70.2K

Verified Solution

Question

Accounting

image
Exercise 6-9 Bank reconciliation and adjusting entries LO P3 A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or deducted from the book or bank balance, or whether it should not appear on the reconciliation 1 NSF check from customer is returned on September 25 but not yet recorded by this company 2. Interest earned on the September cash balance in the bank 3. Deposit made on September 5 and processed by the bank on September 6 4. Checks written by another depositor but charged against this company's account 5. Bank service charge for September 6 Checks outstanding on August 31 that cleared the bank in September Check written against the company's account and cleared by the bank, erroneously not recorded by the company's recordkoopor Principal and interest on a note receivable to this company is collected by the bank but not yet recorded by the company 9. Checks written and mailed to payees on October 2 10. Checks written by the company and mailed to payees on September 30 11. Night deposit made on September 30 after the bank closed 12. Special bank charge for collection of note in part 8 on this company's behalf

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Let x be a random variable that represents the level of glucose in the blood (milligrams...

Basic Math
Q

Scientists recently discovered that elephants have 40 copies of the p53 gene, while humans have two...

Biology
Q

Which of the following is an example of a technological solution or practice that reduces...

Biology
Q

The manager of the local coffee shop is surveying her customers to determine if they...

Basic Math
Q

Evaluate the following expression 11 1 9 12 3 7 6 13 5 2 Type...

Algebra
Q

For a construction contractor the wages of carpenters would be classified as a factory overhead...

Accounting
Q

Suppose your company sells services of $370 in exchange for $205 cash and $165 on...

Accounting
Q

Michaela owns a principal residence in Georgia, a townhouse in San Francisco, and a yacht...

Accounting
Q

Tony and Suzie graduate from college in May 2021 and begin developing their new business....

Accounting
Q

+ Ch 22: Homework Question 3 of 8 -/19 View Policies Current Attempt in Progress...

Accounting
Q

ACCT 2010 COMPREHENSIVE PROBLEM FALL 2021 DUE: OCTOBER 20, 2021 INSTRUCTIONS Complete each of the...

Accounting
Q

Professional Pool Cleaning Service provides pool cleaning services to residential customers. The company has three...

Accounting