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Please show work and explain how to solve these 8) The ending bank statement balance at November 30 is $6,750. The bank statem ent shows
Please show work and explain how to solve these
8) The ending bank statement balance at November 30 is $6,750. The bank statem ent shows a service charge of $95, el ectronic funds receipts of $500, and a N SF check for $350. Deposits in transit total $2,050 and outstanding checks are $1,835. The balance per books at N ovember 30 is $6,910.What is the adjusted bank balance at November 30? A) $6,965 B) $6,750 C) $7,105 D) $6,805 9) The bookkeeper recorded a payment on account as $120 instead of the correct amount of $210. What journal entry is required? A) Debit Cash for $90 and credit Accounts Payable for $90. B) Debit Accounts Receivable for $210 and credit Cash for $210. C) Debit Accounts Payable for $90 and credit Cash for $90 D) Debit Accounts Payable for $210 and credit Cash for $210. 10) The ending bank statement balance at November 30 is $6,750. The bank statement shows a service charge of $95, el ectronic funds receipts of $500 and a NSF check for $350. Deposits in transit total $2,050 and outstanding checks are $1,835. The balance per books at November 30 is $6,910. What is the adjusted book balance at November 30? B $6,965 C) $6,750 A) $7,105 D) $6,805 11) The entry to establish the petty cash fund is: A) a debit to Petty Cash and a credit to Cash. B) a debit to Miscellaneous Expense and a credit to Cash C) a debit to Miscellaneous Expense and a credit to Petty Cash D) a debit to Cash and a credit to Petty Cash 12) An imprest petty cash fund of $600 w as established for minor disbursements. At the end of the month, the fund indluded petty cash tickets for the purchase of $207 in supplies, $82 for meals, $86 for fuel, and $76 for taxi fare. How much cash should beleft in the fund? A) $149 B) $108 C) $451 D) $600Step by Step Solution
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