Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

statement as on December 31, 2014 bank statement showed a balance of $5,900. A detailed review showed the following, prepare the Mary Tyler Moore

 
 image text in transcribed 

statement as on December 31, 2014 bank statement showed a balance of $5,900. A detailed review showed the following, prepare the Mary Tyler Moore obtained a balance of $3,000 in her cashbook for the month of June. However her updated cashbook and the bank reconciliation statement: i. ii. iii. iv. V. vi. vii. viii. ix. X. A direct debit of $800 was made by the bank Bank interest of $700 was earned by the firm A cheque from Julie Andrews for $140 was returned as un-cleared by the bank A standing order for $400 was paid to Larry Hangman by the bank Service charges of $60 was made by the bank Cheques to Ginger Rogers $600 and Fred Astaire $580 were paid by the firm but not yet cashed A payment from Lucille Ball for $520 was received by the bank The bank had posted $2800 to Moore's Account in error Jack Lord, a debtor, paid his account of $480 directly to the bank Deposits of $1380 were made to the bank but did not appear on the bank statement.

Step by Step Solution

3.47 Rating (157 Votes )

There are 3 Steps involved in it

Step: 1

Updated Cashbook and Bank Reconciliation Statement Cashbook Date Description Debit Credit Balance De... 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

Financial Accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

IFRS 3rd edition

1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085

More Books

Students also viewed these Accounting questions

Question

=+b. What is the probability that at most three forms are required?

Answered: 1 week ago

Question

=+a. Sketch a graph of f(x).

Answered: 1 week ago