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The bank statement arrived in the mail. Now, the accountant has to complete the following tasks: 3. Calculate the change in cash for the month
The bank statement arrived in the mail. Now, the accountant has to complete the following tasks: 3. Calculate the change in cash for the month of December.
4. Prepare a new Adjusted Trial Balance and highlight the accounts and amounts changed. 5. Using the Updated Trial Balance prepared in step 4, prepare the following: a. Multi-Step Income Statement b. Statement of Retained Earnings c. Classified Balance Sheet
Just need help with 3,4,5 please
Fido's Food Mart -T Account CASH BB12/1/20XX $22,866.00 $480.00 Check #150 $10,000.00 $2,300.00 Check #151 $1,200.00 $1,000.00 $1,250.00 Check #152 Check #153 $12,500.00 Check #154 $3,000.00 Check #155 $500.00 Check #156 $15,000.00 Check #157 $1,200.00 $1,000.00 $600.00 Check #158 Check #159 $10,262.00 Check #160 $6,400.00 $1,100.00 $700.00 Check #161 $3,000.00 Check #162 $4,500.00 $1,125.00 Check #163 EB12/31/20XX $56,273.00 The bank statement arrived in the mail. Now, the accountant has to complete the following tasks: SCOTS FEDERAL CREDIT UNION Statement of Account Account Number 8900-14-124-106 Statement Date December 31, 20XX BALANCE THIS STATEMENT Other Transactions Checks and Other Deposits and BALANCE LAST Debits Other Credits STATEMENT No. Total No. Total $22,866.00 12 $18,607.00 5 $48,762.00 Date Checks Cleared Deposits Made 12/1/20XX 12/3/20XX Check #150 $480.00 $10,000.00 12/7/20XX Check #151 $2,300.00 12/9/20XX Check #154 $1,250.00 12/12/20XX Check #152 $1,200.00 $12,500.00 12/16/20XX Check #153 $1,000.00 12/17/20XX Check #155 $3,000.00 12/18/20XX Check #156 $500.00 $15,000.00 12/19/20XX Check #157 $1,200.00 12/20/20XX Check #158 $1,000.00 12/24/20XX $10,262.00 $53,021.00 Daily Balance $22,866.00 $32,386.00 $30,086.00 $28,836.00 $40,136.00 $39,136.00 $36,136.00 $50,636.00 $49,436.00 $48,174.00 $59,436.00 $53,021.00 NSF check ($ 262) EFT deposit + $1,000 Service Charge ($ 15) 12/28/20XX Check #160 $6,400.00 12/31/20XX
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