Question 1.)

Question 2.)

Lects of Bank Reconciliation Updates The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 2019 a. Cash balance according to the company's records at August 31, $38.928 b. Cash balance according to the bank statement at August 31, $37.960 c. Checks outstanding. $15,080 d. Deposit in transit, not recorded by bank, 516,120 e. A check for $312 issued in payment of an account to a supplier was erroneously recorded by Wolfpack Bread Inc. as $123 L. Bank debit memo for service charges. $162 Record the effects on the accounts and financial statements of the company based upon the information above. no account or activity is affected, select "No effect from the dropdown and leave the corresponding number entry box blank. Enter account decreases, cash outflows, and the income statement effects that decrease net income a negative amounts. #1. Increase in Cash Financial Statement Etfects Balance Sheet Assets Liabilities - Stockholders' Equity + Aug. 31. Statement of Cash Flow Income Statement #2. Decrease in Cash Financial statement Effects Balance sheet Assets Liabilities + Stockholders' Equity + Aug. 31. Statement of Cash Flows Income Statement Effects of Bank Recondition Updates The following data were accumulated for use in reconciling the bank account of violfpack Bread Inc. for August 2019: 2. Cash balance according to the company's records at August 31, 535,928 Cash balance according to the bank statement at August 21. 537,960 c. Check outstanding, $15.00 d. Deposit in transit, not recorded by bank, 516,120 A check for $312 ssued in payment of an account to a supplies was erroneously recorded by Wolfpacked incas $123 f. Blandebit memo for service charges, 162 Record the effects on the accounts and financements of the crowy based upon the information above. If no account or activity is affected, select "No effect from the dropdown and leave the corresponding number entry box blank. Enter account decreases, cash outflows, and the income statement effects that decrease net income as negative amounts. *1. Increase in Cash Franc Statement effects Talance sheet Assets Labies + Stockholders' Equity Aug. 31 Statement of Cash Flows Income Statement #2. Decrease in Cash Financial Statement Effects Balance Sheet Assets Liabilities + Stockholders' Equity Aug. 31. Statement of Cash Flows Income Statement Tankende The ceza attout ter baseret Carouno tuber 31, 2005, cu act sa do ek szmatlasata 1.300 en October 21, 2016. Como se tak statement and the consentes caeculus checks and Check uste edo deposit of 4.24.representingreces from October 21. had be made too late to the bank met the bank heel 2.15 note lett for other $2.000 checkered with them had been incorrected by Design 5000 hemor the event of a sortir les for the purchase of the post A check for 550 had been charged by the banks 550 the for 2. lustrate the effects on the accounts and financial statements of the bani reconciliation. Ito account or activity is affected sect"No affect from the dropdown and leave the corresponding number entry bax bank Enter account decreases and cach outflowcasegative amounts Drotto Cash Fincial Status Cucts Balance Sheet Lates) Stockholders Oct. 31 Statement of Cash Flows Thcometer Decreates to Cath Finnistutet flects Hance Sheet Ats Liabilities Stockholders Oct 31 Statement of Cach How Income Statem Lects of Bank Reconciliation Updates The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 2019 a. Cash balance according to the company's records at August 31, $38.928 b. Cash balance according to the bank statement at August 31, $37.960 c. Checks outstanding. $15,080 d. Deposit in transit, not recorded by bank, 516,120 e. A check for $312 issued in payment of an account to a supplier was erroneously recorded by Wolfpack Bread Inc. as $123 L. Bank debit memo for service charges. $162 Record the effects on the accounts and financial statements of the company based upon the information above. no account or activity is affected, select "No effect from the dropdown and leave the corresponding number entry box blank. Enter account decreases, cash outflows, and the income statement effects that decrease net income a negative amounts. #1. Increase in Cash Financial Statement Etfects Balance Sheet Assets Liabilities - Stockholders' Equity + Aug. 31. Statement of Cash Flow Income Statement #2. Decrease in Cash Financial statement Effects Balance sheet Assets Liabilities + Stockholders' Equity + Aug. 31. Statement of Cash Flows Income Statement Effects of Bank Recondition Updates The following data were accumulated for use in reconciling the bank account of violfpack Bread Inc. for August 2019: 2. Cash balance according to the company's records at August 31, 535,928 Cash balance according to the bank statement at August 21. 537,960 c. Check outstanding, $15.00 d. Deposit in transit, not recorded by bank, 516,120 A check for $312 ssued in payment of an account to a supplies was erroneously recorded by Wolfpacked incas $123 f. Blandebit memo for service charges, 162 Record the effects on the accounts and financements of the crowy based upon the information above. If no account or activity is affected, select "No effect from the dropdown and leave the corresponding number entry box blank. Enter account decreases, cash outflows, and the income statement effects that decrease net income as negative amounts. *1. Increase in Cash Franc Statement effects Talance sheet Assets Labies + Stockholders' Equity Aug. 31 Statement of Cash Flows Income Statement #2. Decrease in Cash Financial Statement Effects Balance Sheet Assets Liabilities + Stockholders' Equity Aug. 31. Statement of Cash Flows Income Statement Tankende The ceza attout ter baseret Carouno tuber 31, 2005, cu act sa do ek szmatlasata 1.300 en October 21, 2016. Como se tak statement and the consentes caeculus checks and Check uste edo deposit of 4.24.representingreces from October 21. had be made too late to the bank met the bank heel 2.15 note lett for other $2.000 checkered with them had been incorrected by Design 5000 hemor the event of a sortir les for the purchase of the post A check for 550 had been charged by the banks 550 the for 2. lustrate the effects on the accounts and financial statements of the bani reconciliation. Ito account or activity is affected sect"No affect from the dropdown and leave the corresponding number entry bax bank Enter account decreases and cach outflowcasegative amounts Drotto Cash Fincial Status Cucts Balance Sheet Lates) Stockholders Oct. 31 Statement of Cash Flows Thcometer Decreates to Cath Finnistutet flects Hance Sheet Ats Liabilities Stockholders Oct 31 Statement of Cach How Income Statem