FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9 .Which of the following reconciliation items requires a journal entry in the books ofABC CO . ?a . Amortization of loan of XYZ Inc

image text in transcribed 9 .Which of the following reconciliation items requires a journal entry in the books ofABC CO . ?a . Amortization of loan of XYZ Inc erroneously credited by the bank to ABCCo.'saccount6. NSF check during a period redeposited by ABC Co. which hadappropriately cleared in the bank during the same periodC. Cash deposits made but were not yet credited to ABC CO.'s account as ofcut - off dateCustomer payments directly remitted to the bank

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

Financial Accounting

Financial Accounting

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

2nd Edition

0078110823, 9780078110825

More Books

Students also viewed these Accounting questions

Question

★★★★★
1. In small groups, discuss Davids entrance at the beginning of the video. How does the rock star quality of the entrance add to or detract from the news he is delivering? 2. What mistakes does David...

Answered: 1 week ago

Question

★★★★★
A loudspeaker is producing sound of a certain wavelength. Which combination of the wavelength (expressed as a multiple of 0) and the speaker's diameter D (expressed as a multiple of D0) would...

Answered: 1 week ago

Question

★★★★★
What do you plan on doing upon receiving your graduate degree?

Answered: 1 week ago

Question

★★★★★
Using the information in Problem 3-9A, complete the following: In problem 3-9A 1. Set up balance column accounts for Rainmaker Environmental Consultants and enter the balances listed in the...

Answered: 1 week ago

Question

★★★★★
Marilyn Terrill is the senior auditor for the audit of Uden Supply Company for the year ended December 31, 20X4. In planning the audit, Marilyn is attempting to develop expectations for planning...

Answered: 1 week ago

Question

★★★★★
A common way of thinking about linked list Node objects is that each Node contains a head value and a pointer containing another list. Write a function to calculate the length of a linked list using...

Answered: 1 week ago

Question

★★★★★
Explain 41. If a transfer price of P 84 is determined using the transfer pricing formula and the lost contribution margin per unit on outside sales is P 28, then the variable cost per unit must be...

Answered: 1 week ago

Question

★★★★★
Bintang has arranged to purchase a house costing (Indonesian rupiaya) IDR2 million on a Murabaha basis from Indonesia Islamic Bank. All other indirect costs of acquiring the property are IDR50,000....

Answered: 1 week ago

Question

★★★★★
One scientist is measuring a physical quantity on a strange unit. For example, the time taken by the light to travel from a star to the earth was measured in units "BRT". If this unit has to make...

Answered: 1 week ago

Question

★★★★★
What is the variance and standard deviation of of 46.38, 46.18, 46.57, 46.72, 46.86, 46.58, 46.61, 46.64, 46.03, 45.93, 45.51, 45.53

Answered: 1 week ago

Question

★★★★★
Money Inc., a USA-based business has an acid test ratio of 3 times, and the value of the current assets including closing inventories (comprising of trade receivables of $2,000,000 and cash of...

Answered: 1 week ago

Question

★★★★★
Prepare a 2016 Form 1040 for the individual below. Also prepare Schedules A, B, C, D, E, and Form 8949. All forms are available on irs.gov or on Google search engine if you type Form 1040 or Schedule...

Answered: 1 week ago

Question

★★★★★
Assume you work in the accounting department at Marshall, Inc. Your boss has asked you to prepare a trial balance as of November 30, 2003, using the following account balances from the companys...

Answered: 1 week ago

Question

★★★★★
Domino, Inc., had the following information reported. From these data, determine the amount of: 1. Capital stock at December 31, 2002. 2. Retained earnings at December 31, 2003. 3. Revenues for the...

Answered: 1 week ago

Question

★★★★★
s of January 1, 2003, Kendrick Corporation had the following balances in its general ledger: f. Paid salaries expense of $60,000. g. Paid utilities of $6,300. h. Paid installment of $5,000 on note....

Answered: 1 week ago

Previous Question Next Question