Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the de anna company received its bank statement fo

The De Anna Company received its bank statement for the month of November with an...

60.1K

Verified Solution

Question

Accounting

The De Anna Company received its bank statement for the month of November with an ending balance of $85,766.00. Check #1630 for $1055.00, check #1628 for $4615 and check #1610 for $2955.00 were outstanding. An $11,550.00 deposit for November 30th was in transit as of the end of the month. The Bank also collected a $10,000.00 notes receivable on November 21st plus interest of $650. No interest revenue has been accrued on this note and the Bank charged a $15.00 fee for the collection service. The bank statement reveals a bank service charge of $29.00. A customer's check for $475.00 was returned with the bank statement marked NSF. The ending balance of The De Anza Company's cash

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

Carmelita Inc. has the following information available: Costs from Beginning Inventory Costs from Current Period Direct...

Accounting
Q

Business: cost from marginal cost. A gourmet popcorn company determines that the marginal cost, in dollars,...

Basic Math
Q

Explain the pathway that stimulates the release of aldosterone. (chapter on urinary system)

Medical Sciences
Q

what are the major postulates of the einstein's theory of special relativity? why is it important?

Physics
Q

Coffee The National Coffee Association reported that 64 of U S adults drink coffee daily...

Basic Math
Q

Let f(x) = (x + 1) and g(x) =What is the slope of the curveog'(4)...

Basic Math
Q

Graph the solution of the system of linear inequalities.(3x-2y?6y?-5Use the graphing tool to graph the...

Basic Math
Q

b The system from example 2 2 3 Exercise 6 6 2 What goes wrong...

Algebra
Q

M1-7 (Static) Classifying and Calculating Cost [LO 1-4] Top Shelf Company builds oak...

Accounting
Q

In what ways did Stewarts control of shareholder voting rights disrupt the functioning of the...

Accounting
Q

Explain the different purposes of the fund-based and government-wide financial statements of a state or...

Accounting
Q

Question 20 5 pts Arrow Electronics is considering Projects Sand L, which are mutually exclusive,...

Finance