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I want correct answer, please Cash Over & Short Unknown reasons Cash Over Main Safe Cash Over & Short Cash Short I Cash Over &
I want correct answer, please
Cash Over & Short Unknown reasons Cash Over Main Safe Cash Over & Short Cash Short I Cash Over & Short Main Safe Exercise 2: The following transactions happened at the Saudi United Bank at the cash section 1. On 7/1/2001 the balance in the main safe was SR 150,000. 2. The main safe received the following: Current accounts SR 35,000 Time deposits accounts SR 65.000 Savings accounts SR 50.000 Investment Bank SR 30,000 3. The main safe also paid the following: Current accounts SR 15,000 Time deposits accounts SR 18,000 Savings accounts SR 17,000 New York Bank SR 25,000 4. The bank kept SR 150,000, the maximum that the branch can keep according to the management policy, and it deposited the rest in the central bank (SAMA). Requirements: 1. Journalize the previous transactions in the General Journal. 2. Post to the main safe accountStep by Step Solution
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