The bank columns of Lucy Hills cash book are as follows: Lucy received her bank statement on

Question:

The bank columns of Lucy Hill’s cash book are as follows:

Lucy received her bank statement on 4 December.

Required

Prepare a bank reconciliation statement at 30 November

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introducing Accounting For AS

ISBN: 9780340959404

2nd Edition

Authors: Ian Harrison

See More Books

Question Posted: Aug 22, 2023 09:34 AM

See More Questions

The bank columns of Lily Baxters cash book are as follows: Lily received her bank statement on 2 February, Required Prepare a bank reconciliation statement at 31 January. Dr 1 Jan 15 Jan 29 Jan 1 Feb...
The bank columns of Leslie Vines cash book are as follows: Leslie received his bank statement on 4 July. Prepare a bank reconciliation statement at 30 June. Dr 1 June 8 June 16 June 30 June 1 July...
The bank columns of Vera Dawsons cash book are as follows: Vera received her bank statement on 4 February. Make any adjustments to Vera Dawsons cash book. Prepare a bank reconciliation statement at...
A mutual fund has 20 stocks in its portfolio. On a given day 9 stocks move up, 3 stay the same, and 8 move down. In how many ways could this happen?
Raleigh Corp. has an investment with a carrying value (equity method) on its books of 170,000 representing a 30% interest in Borg Company, which suffered a 620,000 loss this year. How should Raleigh...
What are the advantages and disadvantages of budgeting?
3. A capital lease payable in the amount of $75,000 is noted in the internal debt records. This was recorded as an other financing source in the general fund.
1. Given the nature of the industry, how valuable will a patent be to Tom? Explain. 2. If Tom does get a patent, can he bring action against infringers? Will it be worth the time and expense? Why or...
Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Required: Complete the following table. Suppose Sandy Bank sells its canoes for $ 5 4 0 each. Calculate...
The bank columns of Tim Robsons cash book are as follows: Tim Robson received his bank statement on 3 May. Required Prepare a bank reconciliation statement at 30 April. Dr 2 Apr 10 Apr 27 Apr Balance...
The bank columns of Rebecca Florins cash book are as follows: Rebecca received her bank statement on 2 April. Required Prepare a bank reconciliation statement at 31 March. Dr 1 Mar Balance b/d P...
Partial adjusted trial balance data for Lucille Corporation is presented in BE3-9. The balance in Retained Earnings is the balance as of January 1. Prepare a retained earnings statement for the year...
What are the elements of partnership ?
1. (2x+3)dx
Suppose Minot Farm Equipment Corp. employs two salespeople. Each covers an exclusive territory; one is assigned to North Dakota and the other to South Dakota. These two neighboring plains states have...
Give the structural formulas of the alkenes that, on ozonolysis, give: a. (CH3)2C=O and CH2=O b. Only (CH3CH2)2C=O c. CH3CH=O and CH3CH2CH=O d. O=CHCH2CH2CH2CH=O
Land is an example of a tangible non-current asset. True/False?
Give an example of an intangible non-current asset.
Give one example of a revenue reserve and one example of a capital reserve.
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
Brief Exercise 10-6 Flint Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building...
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...

The bank columns of Lucy Hills cash book are as follows: Lucy received her bank statement on

Question:

Dr 2 Nov Balance b/d 10 Nov A. Zargreb 27 Nov V. Campbell 1 Dec Balance b/d Cash book £ 261 384 29 674 85 4 Nov 8 Nov 12 Nov 17 Nov 23 Nov 30 Nov P. Charles S. Fence C. Mutt T. Parker G. Bowden Balance c/d 77 78 79 80 81 Cr £ 211 14 137 58 169 85 674

Step by Step Answer:

Start with the cash book Opening balance on 2 November 261 Add Deposits and lodgements 10 Nov 384 23 ...View the full answer

Introducing Accounting For AS

Students also viewed these Business questions