Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can i have some help with these! : Your FSA D cure https/ rk O t.html QS 6-6 Bank reconcililation LO P3 Nolan Company deposits

Can i have some help with these!
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
: Your FSA D cure https/ rk O t.html QS 6-6 Bank reconcililation LO P3 Nolan Company deposits all cash receipts on the day when they are recelved and it makes all cash payments by check. At the close of business on June 30, 2017, its Cash account shows a $20,917 debit balance. Nolan's June 30 bank statement shows $21,645 on deposit in the bank a Outstanding checks as of June 30 total $2,741 b. The June 30 bank statement included a $26 debit memorandum for bank services; the company has not yet recorded the cost of these services. c. In reviewing the bank statement, a $20 check written by the company was mistakenly recorded in the company's books at $29 d June 30 cash receipts of $2,026 were placed in the bank's night depository after banking hours and were not recorded on the June e. The bank statement included a $30 credit for interest earned on the cash in the bank. 30 bank statement a bank reconcililation for Nolan Company using the above information. Bank R June 30, 2017 Bark t balade Book balance Add Deduct Adjustod bank balance Aqustod book-ance 1 of 7 B Next

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_2

Step: 3

blur-text-image_3

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

IT Audit In China

Authors: LIU Ruzhuo

1st Edition

981428145X, 978-9814281454

More Books

Students also viewed these Accounting questions

Question

How do customer relationships give companies a competitive edge?

Answered: 1 week ago