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Requlred Information The following information applies to the questions displayed below. The December bank statement and cash T-account for Stewart Company follow BANK STATEMENT Checks
Requlred Information The following information applies to the questions displayed below. The December bank statement and cash T-account for Stewart Company follow BANK STATEMENT Checks Deposits Other Date Balance $36,000 28,480 55,030 Dec. 1 7,520 450 $27,000 6 11 8,900 17 46,130 80,130 79,680 85, 280 85,300 85,250 34,000 23 26 450 12,200 $200 30 18,000 NSF* 31 Interest earned 20 Service charge 31 50 NSF check from J. Left, a customer. Cash (A) 36,000 Dec. 1 Balance Checks written during December Deposits Dec. 11 27,000 34,000 18,000 11,000 7,520 23 450 30 8,900 450 31. 50 12,200 5,700 90,730 Dec. 31 Balance There were no deposits in transit or outstanding checks at November 30. 5. After the reconciliation journal entries are posted, what balance willl be reflected in the Cash account in the ledger? 6. If the company also has $200 of petty cash on hand. which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet? 5. Balance in Cash Account 8.Total Amount of Cash and Cash Equivalents
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