Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information is available for juno co

The following information is available for Juno Company for the month...

50.1K

Verified Solution

Question

Accounting

image
The following information is available for Juno Company for the month ending june 30, 2019. - Balance as per the bank statement is $12,000. - Balance as per books is $10,400. - Check $506 for $1,400 and check $510 for $800 were not shown on the June 30 , bank statement. - A deposit in transit of $2,541 had not been received by the bank when the bank statement was generated. - A bank debit memo indicated an NSF check for $90 written by Jane Smith to Juno Company on June 13. - A bank credit memo indicated a note collected by the bank of $2,000 and interest revenue of $51 on June 20. - The bank statement indicated service charges of $20. What is the adjusted book balance? Select one: A. $8,200 B. $12,361 C. $8,251 D. $12,341

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

If you operated for 325 days/year, assuming 50 burgers sold/day; VC = $3.50; FC = $65.3K/year;...

Finance
Q

A Chinese steelmaker is considering its strategy to expand globally. It is considering two possible choices....

Finance
Q

Newton's law of gravity was inconsistent with Einstein's special relativity because Question 27 options: the distance, and thus...

Physics
Q

Mothers Against Drunk Driving (MADD) is the nation's largest non-profit working to protect families from drunk...

Psychology
Q

3 In the circuit shown below the Zener diode is used to regulate the voltage...

Physics
Q

An object is thrown upwards at time t = 0. The object's height, fin feet,...

Algebra
Q

need help with this question d. What statistical test is most appropriate for this...

Accounting
Q

Under IFRS, impairment losses may be reversed in subsequent years for: Select one: a. Intangible...

Accounting
Q

prepare a statement of cash flow (indirect method) for they year ended December 31, 2010...

Accounting
Q

Ill thumbs up!! please step by step Problem III ...

Accounting
Q

Which of the following is not required for a liability to be recognized? a....

Accounting
Q

Lasting Impressions Co. records all cash receipts on the basis of its cash register tapes....

Accounting