Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Instruction Chart of Accounts Amount Descriptions Bank Feconciliation Journal Final Duration Instructions The cat contra de Costa 30. 2011. dece of S/87 The Backers hotel

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
Instruction Chart of Accounts Amount Descriptions Bank Feconciliation Journal Final Duration Instructions The cat contra de Costa 30. 2011. dece of S/87 The Backers hotel banco o 27,160 e 30, 20V1.Corpurige bakterers and the accompanying carried ched and memes with e recorded the following condigne A Casado 20.30 At $17.00 representing June 30, had been experiment C. The colete 20.24 2.400 ding of Atheck tr 31.100 ned with the heart had been hemely recorded by Pola Model C110 The check us berpayment of obtenir eply for a present E. A check dator had been toewy owed by the bore 00 Instruction Por consiston www to protecting a whole torte rom for se is which you care se 2 sayloco forward of Der Pas Media Cone 2017, what had be reported Journal Final Question Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Chart of Accounts CHART OF ACCOUNTS Pala Medical Co. General Ledger REVENUE ASSETS 110 Cash 410 Sales 610 Interest Revenue 111 Potty Cash 120 Accounts Receivable 131 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Onice Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 104 Accumulated Depreciation Store Equipment EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 510 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Seling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 500 Miscellaneous Expense 710 Interest Expense LIABILITIES 211 Accounts Payable Skyline Supply Co. 221 Notes Payable 222 Interest Payable 231 Salarios Payable 241 Sales Tax Payable Bank reconciliation and entries Journal Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Final Question 410 Sales 610 Interest Revenue Chart of Accounts 110 Cash 111 Petty Cash 120 Accounts Receivable 131 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation Store Equipment EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 520 Salarios Expense 531 Advertising Expense 532 Delivery Expenso 533 Insurance Expense 534 Office Supplies Expense 635 Rent Expense $36 Repairs Expense 637 Selling Expenses 538 Store Supplies Expenso 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 590 Miscellaneous Expense 710 Interest Expense LIABILITIES 211 Accounts Payable-Skyline Supply Co. 221 Notes Payable 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary X Amount Descriptions Amount Descriptions Adjusted balance Bank error in charging check as $680 Instead of $860 Bank error in charging check as $860 instead of $680 Bank service charges Check for $860 returned because of insufficient funds Deposit of June 30, not recorded by bank Error in recording check Error in recording June 30 deposit Outstanding checks Proceeds of note collected by bank, including $1,848 interest Total adjustments Bank reconciliation and entries Instructions Chart of Account Amount Description Bank Reconciliation Journal Final Question Bank Reconciliation Po bana economaton Herr 1 1 Antunt Bromptons but provided for the exact worting of the rower cholesterlauf anbelas. For those bones in which you createne strand or negative numbers uito a mhuit agn: Pala Medien Desk Poconciation June 30, 2011 Cash ne kording to bank statement Accent Ghing to come Bank reconciliation and entries Journal Amount Descriptions Bank Reconciliation Instructions Chart of Accounts Final Question Journal 2. Journalize the necessary entries. Rofor to the Chart of Accounts for exact wording of accountitles. PAGE 1 ACCOUNTING EQUATION JOURNAL DESCRIPTION CREDIT EQUITY POSTREK DATE DET ASSETS LIABILITIES 1 Bank reconciliation and entries Bank Reconciliation Journal Amount Descriptions Final Question Instructions Chart of Accounts Final Question 3. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash

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

The Controllers Toolkit

Authors: Christine H. Doxey

1st Edition

1119700647, 9781119700647

More Books

Students also viewed these Accounting questions

Question

Graph each function. Give the domain and range. f(x)=x + 3-3

Answered: 1 week ago

Question

Know the components of a position description

Answered: 1 week ago

Question

Explain the value of a true open-door policy

Answered: 1 week ago