Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

14 Question 5: marks] Zina Food Store developed the following information in recording its bank statement for the month of April. Balance per bank statement

image text in transcribed
14 Question 5: marks] Zina Food Store developed the following information in recording its bank statement for the month of April. Balance per bank statement April 30 is JD 20000. Additional information: (1) Checks written in April but still outstanding JD 3,000. (2) Deposits in transit not yet recorded by bank JD 7,500. (3) NSF check of customer returned by bank JD 1,200. (4) Bank service charge for April was JD 20. (5) The bank collected a note receivable for the company for JD 8,000 plus JD 120 interest revenue. Instructions 1- The adjusted balance of bank account at 30/4 is: 2- preparing adjusting entries for reconciling items will increase Zina's income for

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Assurance Services And Forensics A Comprehensive Approach

Authors: Felix I. Lessambo

1st Edition

3319905201, 9783319905204

More Books

Students also viewed these Accounting questions

Question

7. Identify six intercultural communication dialectics.

Answered: 1 week ago