FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me with accounting...thanks so much Following is the general format of a four-column bank reconciliation with the various categories and presentation of reconciling

please help me with accounting...thanks so much

image text in transcribed

Following is the general format of a four-column bank reconciliation with the various categories and presentation of reconciling items numbered (1) through (8): A collection by the bank was a reconciling item as of October 31. Indicate the proper presentation for this reconciling item. Select one: 1 and 4 6 and 7 2 and 6 1 and 3 2 and 3

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

Connect 2-semester For Auditing & Assurance Services A Systematic Approach

Connect 2-semester For Auditing & Assurance Services A Systematic Approach

Authors: Author

10th Edition

1259292045, 9781259292040

More Books

Students also viewed these Accounting questions

Question

★★★★★
A companys perpetual preferred stock currently trades at $80 per share and pays a $6.00 annual dividend per share. If the company were to sell a new preferred issue, it would incur a flotation cost...

Answered: 1 week ago

Question

★★★★★
The shaft shown in the figure is driven by a gear at the right keyway, drives a fan at the left keyway, and is supported by two deep-groove ball bearings. The shaft is made from AISI 1020 cold-drawn...

Answered: 1 week ago

Question

★★★★★
15. Be Careful at Work! Work-related accidents at a construction site tend to have a Poisson distribution with an average of 2 accidents per week. a. What is the probability that there will be no...

Answered: 1 week ago

Question

★★★★★
A golf club manufacturer is trying to determine how the price of a set of clubs affects the demand for clubs. The file P10_50.xlsx contains the price of a set of clubs and the monthly sales. a....

Answered: 1 week ago

Question

★★★★★
2. The holding-period return (HPR) on a share of stock is equal to A. the capital gain yield during the period, plus the inflation rate. B. the capital gain yield during the period, plus the dividend...

Answered: 1 week ago

Question

★★★★★
Please help me to understand the last few values I couldn't get correct and why--thank you! Reconciliations required to yield government-wide financial statements from fund financial statements and...

Answered: 1 week ago

Question

★★★★★
Prepare the journal entry to record Zende Company's issuance of 75,000 shares of $5 par value common stock assuming the shares sell for: a. $5 cash per share. b. $6 cash per share. es View...

Answered: 1 week ago

Question

★★★★★
Hashing is a one-way function that maps a message to a fixed-size sequence of bits (hashed value) with the assumption it is extremely difficult to reverse the process. Given the hashed-value, it is...

Answered: 1 week ago

Question

★★★★★
Give me an example and evidence to prove that Boeing's investor relations website is doing a good job in preventing selective disclosure. The example (evidence ) should be kind of doing a comparison...

Answered: 1 week ago

Question

★★★★★
Consider the following integral. 7 I = log(4x) dx The best way to find an antiderivative for log(4x) is to use the integration by parts formula Suv'dx = uv- = uv f u'vdx where u(x) = log(4x) v'(x) =...

Answered: 1 week ago

Question

★★★★★
Designing a Norman Window A Norman window has the shape of a rectangle surmounted by a semicircle. Find the dimensions of a Norman window of perimeter 26 ft that will admit the greatest possible...

Answered: 1 week ago

Question

★★★★★
Briefly describe the pros and cons of using performance appraisal information when conducting a person needs analysis. Do you think that HRD professionals should use performance appraisals to enhance...

Answered: 1 week ago

Question

★★★★★
Why is needs assessment information critical to the development and delivery of an effective HRD program?

Answered: 1 week ago

Question

★★★★★
Supervisors and coworkers are often asked to serve as trainers. Although they may be experts on the material they are teaching others, many times they are novices when it comes to understanding how...

Answered: 1 week ago

Previous Question Next Question