Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ES Problem 7-4A (Part Level Submission) The bank portion of the bank reconcililation for Pharoah Company at October 31, 2017, is shown below PHAROAH COMPANY

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

ES Problem 7-4A (Part Level Submission) The bank portion of the bank reconcililation for Pharoah Company at October 31, 2017, is shown below PHAROAH COMPANY October 31, 2017 balance per bank $12,517.90 1,530.20 14,048.10 Add: Deposits in transit Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Check Amount $ 1,260.40 684.20 844.50 428.80 1,050.00 4,267.90 Adjusted cash balance per bank $9,780.20 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits

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

EBay Sales Tracker Quick And Easy Bookkeeping System

Authors: Queen Thrift

1st Edition

B08KJ5FJND, 979-8692592774

More Books

Students also viewed these Accounting questions

Question

Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 1 week ago

Question

Why is interest in portable benefits in health care increasing?

Answered: 1 week ago