CALCULATOR FULL SCREEN PRINTER VERSION BACK The general ledger Cash account contained the following entries for the month of August. Cash 14,422 Disbursements in August 50,225 Balance, August 1 Receipts during August 50,103 Deposits in transit at August 31 are $5,453, and checks outstanding at August 31 total $1,507. Cash on hand at August 31 is $445. The bookkeeper improperly entered one check the books at $146 which was written for $155 for supplies (expense), it deared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance. STELLAR COMPANY Bank Reconciliation, August 31, 2020 County National Bank Balance per bank statement, August 31, 2020 Add Deposits in transit Cash on hand Less Outstanding checks Correct cach balance Balance per books, August 31, 2020 Polii 20002020 Wie Sons, Inc. All Rights Reserved. A Division of John Wiley Ya Sonia Version 4.24.10 . CALCULATOR FULL SCREE Add : Deposits in transit Cash on hand Less Outstanding checks Correct cash balance Balance per books, August 31, 2020 Add : Note and interest collected Less Bank service charges Understated check for supplies Correct cash balance SHOW LIST OF ACCOUNTS Prepare any entries necessary to make the books correct and complete. (If no entry is required, select "No Entry" for the account titles ar Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Aug. 31, 2020 Credit (To record collection of note and interest) Aug. 31, 2020 (To record August bank charges) Aug. 31, 2020 (To record error in recording check for supplies) SHOW LIST OF ACCOUNTS What amount of cash should be reported in the August 31 balance sheet? Cash to be reported in the August 31 balance sheets rivacy Policy. I 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. CALCULATOR FULL SCREEN PRINTER VERSION BACK The general ledger Cash account contained the following entries for the month of August. Cash 14,422 Disbursements in August 50,225 Balance, August 1 Receipts during August 50,103 Deposits in transit at August 31 are $5,453, and checks outstanding at August 31 total $1,507. Cash on hand at August 31 is $445. The bookkeeper improperly entered one check the books at $146 which was written for $155 for supplies (expense), it deared the bank during the month of August. Prepare a bank reconciliation dated August 31, 2020, proceeding to a correct balance. STELLAR COMPANY Bank Reconciliation, August 31, 2020 County National Bank Balance per bank statement, August 31, 2020 Add Deposits in transit Cash on hand Less Outstanding checks Correct cach balance Balance per books, August 31, 2020 Polii 20002020 Wie Sons, Inc. All Rights Reserved. A Division of John Wiley Ya Sonia Version 4.24.10 . CALCULATOR FULL SCREE Add : Deposits in transit Cash on hand Less Outstanding checks Correct cash balance Balance per books, August 31, 2020 Add : Note and interest collected Less Bank service charges Understated check for supplies Correct cash balance SHOW LIST OF ACCOUNTS Prepare any entries necessary to make the books correct and complete. (If no entry is required, select "No Entry" for the account titles ar Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Aug. 31, 2020 Credit (To record collection of note and interest) Aug. 31, 2020 (To record August bank charges) Aug. 31, 2020 (To record error in recording check for supplies) SHOW LIST OF ACCOUNTS What amount of cash should be reported in the August 31 balance sheet? Cash to be reported in the August 31 balance sheets rivacy Policy. I 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc
