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ice 8 I NEED 3A, 4A, 5A solved EE7-3 p. 336 PE 7-3A Bank reconciliation OBJ. 5 The following data were gathered to use in
ice 8 I NEED 3A, 4A, 5A solved
EE7-3 p. 336 PE 7-3A Bank reconciliation OBJ. 5 The following data were gathered to use in reconciling the bank account of Eves Company 9,350 8510 35 2,350 1875 5,100 Balance per bank Balance per company records Bank service charges Deposit in transit NSF check Outstanding checks ME HOW a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Eves Company based on the bank reconciliation. EE 7-3 p.336 PE 7-3B Bank reconciliation The following data were gathered to use in reconciling the bank account of Conway Company: $23,900 8,700 50 5,500 9,450 11,300 Balance per bank Balance per company Bank service charges Deposit in transit Note collected by bank with $450 interest Outstanding checks ME HOW a. What is the adjusted balance on the bank b. Journalize any necessary entries for Conway Company based on the bank reconciliation. PE 7-4A Prepare journal entries for each of the following a. Issued a check to establish a petty cash fund of $750. b. The amount of cash in the petty cash fund is $115. Issued a check to replenish the fund, Petty cash fund OBJ. 6 EE 7-4 p. 338 ME HOWw based on the following summary of petty cash receipts: repair expense, $515 and miscel- laneous selling expense, $88. Record any missing funds in the cash short and over account. PE 7-5A Financial data for Otto Company follows: Ratio of cash to monthly cash expenses OBJ.8 EE7-5 p.340 For Year Ended December 31, 2016 69,350 (114,000) Cash on December 31,2016 Cash flow from operations E HOW a. Compute the ratio of cash to monthly cash expenses. b. Interpret the results computed in (a)Step by Step Solution
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