Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 31, 2024

Topic: Proof of cash May 31 Balance per Bank - Deposit outstanding- Erroneous bank charge- Outstanding Check Erroneous Bank Credit - CM offer collection of

Topic: Proof of cash

May 31 Balance per Bank - Deposit outstanding- Erroneous bank charge- Outstanding Check Erroneous Bank Credit - CM offer collection of note - (600k) 2.6 M 300k 40k (100k) (60k) Balance per book $2190k Junes Sales Bank Book -checks recorded -collection of erroneous bank credit in May -Deposit recorded -correction of erroneous bank charge -service charge recorded 2.5m 2.2m 60k 1.6M 40k 1.8m 50k 55k CM for collection by bank 00k NJK checks returned with june 30 statement will be redeposited 1. How much is Oc on June 30? 2. How much is DIT on June 30? 3. How much is adjusted cash receipt in June 4. How much is adjusted cash disbursment in June? 5. How much is adjusted cash balance as of June 30

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What are different types of psychologists, and how do they focus their work?

Answered: 1 week ago

Question

★★★★★

Selected data on merchandise inventory, purchases, and sales for Celebrity Tan Co. and Ranchworks Co. are as follows: Instructions 1. Determine the estimated cost of the merchandise inventory of...

Answered: 1 week ago

Question

★★★★★

For Program 2, the lexical analyzer, you will be provided with a description of the lexical syntax of the language. You will produce a lexical analysis function and a program to test it. The lexical...

Answered: 1 week ago

Question

★★★★★

(Deferred Tax Asset with and without Valuation Account) Jennifer Capriati Corp. has a deferred tax asset account with a balance of $150,000 at the end of 2013 due to a single cumulative temporary...

Answered: 1 week ago

Question

★★★★★

1. Your friend asks you to invest $10,000 in a business venture. Based on your estimates, you would receive nothing for four years, at the end of year 5 you would receive interest on the investment...

Answered: 1 week ago

Question

★★★★★

1 ) A global contracting organisation suffers from different types of organisational conflicts internally and within its clients and supply chain. You are appointed as a consultant to advise senior...

Answered: 1 week ago

Question

★★★★★

Jose own a small retail store and hires Sam as his agent to manage the store while he is away on vacation. Jose instructs Sam to only sell items at a 10% discount. However, Sam mistakenly sells a...

Answered: 1 week ago

Question

★★★★★

In South Africa, while excessive, deadly, or lethal use of force tends to be associated more often with the SAPS, private security officers have also been guilty of such activities. This connotation...

Answered: 1 week ago

Question

★★★★★

7) Bright Semiconductor specializes in semiconductors that are used in autos, communication equipment, and industrial machinery, which are cyclical industries. This high-yield-rated company's debt...

Answered: 1 week ago

Previous Question Next Question