Unit 1 Lab Assignment Q5

Q8.a

Q8.b&c

Question 5 of 10 > 4/2 View Policies Current Attempt in Progress While examining cash receipts information, the accounting department determined the following information: opening cash balance $180 cash on hand $1.142 25, and cash sales per register tape $977.39 Prepare the required journal entry. (Listall debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not inderit manually. Round answers to 2 decimal places, eg: 52.75.) Account Titles and Explanation Debit Credit e Textbook and Media Assistance Used List of Accounts Save forster Attempts: 0 of 5 used Submit Answer Question 8 of 10 - 5 View Policies Current Attempt in Progress Oriole Wyatt is unable to reconcile the bank balance at January 31, Oriole's reconciliation is as follows: Cash balance per bank $4.020/20 Add: NSF check 310.00 Less: Bank service charge B0.00 Adjusted balance per bank $4.600120 Cash balance per books $4.635.20 Less. Deposits in transit 910.00 Add: Outstanding checks 935.00 Adjusted balance per books $4.660 20 la What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, es 52.750 Adjusted cash balance per bank S e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (b) What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, es 52.75.) Adjusted cash balance per books $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (C) Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually . Round answers to 2 decimal places, eg. 52.75.) No. Account Titles and Explanation Debit Credit 1 (To record NSF check.) 2. (To record bank service charge.) e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit