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Lenore, Inc. gathered the following information from its accounting reccords and the October bank statement to prepare the Octtober bank reconciliation: Ending cash balance per
Lenore, Inc. gathered the following information from its accounting reccords and the October bank statement to prepare the Octtober bank reconciliation: Ending cash balance per books, 10/31 $4,300 Deposits in transit 310 Interest received from bank 1,250 Bank service charge for check printing Outstanding checks 110 2,800 215 NSF check of T. Owens The up-to-date ending cash balance on October 31 is: Multiple Choice $5,225 $5,010 $3725 $3,215. Urban Bloom, Inc.'s books show an ending cash balance of $13,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,600, deposits in transit of $2600, NSF check of $160, and interest earned on the bank account of $70, the company's up-to-date ending cash balance equals: Multple Cholce $12,910 $9,310 $1,910 $13,230. The cashier for Bell Buoy rang up sales totaling $5,104, but had $5,120 to deposit, which journal entry would be recorded? Multple Choice A debit to Cash for $5,120, a credit to Cash Overage for $16, and a credit to Sales Revenue for $5,104 A debit to Sales for $5,120, a debit to Cash Overage for $16, and a credit to Cash for $5,104. A debit to Cash for $5,104, a debit to Cash Shortage for $16, and a credit to Sales Revenue for $5,120. A debit to Cash for $5,104, a debit to Cash Shortage for $16, and a credit to Unearned Revenue for $5,120
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