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answer all questions A company's bank statement shows a cash balance of $4,350. Comparing the company's cash records with the monthly bank statement reveals several
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A company's bank statement shows a cash balance of $4,350. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $4,010, deposits outstanding of $1,280, an NSF check from a customer in the amount of $310, and service fee of $54. Required: Calculate the reconciled bank's cash balance. A company's general ledger shows a cash balance of $2,390. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as deposits outstanding of $1,710, note receivable collected by the bank on the company's behalf of $1,900, and interest earned of $32. The company also finds an error by the bank of an additional deposit of $170. Required: Calculate the reconciled company's cash balance. A company's general ledger shows a cash balance of $4,520. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $2,830, bank service fees of $180, and interest earned of $28. Required: Calculate the reconciled company's cash balance. A company had the following sales transactions: 1. Total debit card sales =$210,000. 2. Total credit card sales =$420,000. 3. Total cash sales =$830,000. 4. Total check sales =$110,000. There is a charge of 3% on all credit card transactions. Required: Calculate total sales revenue recorded for the year. Sales revenue
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