AC116 TEXTBOOK EXERCISES - UNIT 2

AC116 TEXTBOOK EXERCISES - UNIT 2 - Cash balance according...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 8-2A Name: Teresa Phillips Section: Chapter 8 Unit 2 Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. 2010 June 1 Petty Cash ### 500 ### ### ### 500 ### 12 Cash ### 13,129 ### 13,129 Cash Short and Over ### 14 14 ### Sales ### 13,115 13,115 ### 30 Store Supplies ### 55 ### 55 Merchandise Inventory ### 120 ### 175 Office Supplies ### 117 ### 292 Miscellaneous Administrative Expense ### 162 ### 454 Cash Short and Over ### 46 Cash ### 84 ### 30 Cash ### 16,833 ### 454 Cash Short and Over ### 17 ### 17 ### Sales ### 16,850 ### 16,850 ### 30 Petty Cash ### 125 ### 125 Cash ### 209 ### ###
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 2
Problem 8-3A Name: Teresa Phillips Section: Chapter 8 Unit 2 Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. 1. INTERACTIVE SYSTEMS Bank Reconciliation February 28, 2010
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Cash balance according to bank statement Add: Deposit of February 28, not recorded by bank ### ### ### ### Deduct: Outstanding checks $4,118 Bank error in charging check as $145 instead of $415 ### $270 Adjusted balance Cash balance according to company's records Add: Proceeds of note collected by bank, including $200 interest ### $5,200 Error in recording check $630 ### ### Deduct: Bank service charges ### ### Adjusted balance 2. Accounts Payable - Busser Co. ### 13,445 ### Notes Receivable ### 5,000 ### Interest Revenue ### 200 ### Miscellaneous Administrative Expense 0 Cash ### 18,103 ### Cash ### 13,445 ### $13,333 ### $4,500 $18,103 ### ### $4,388 Err:508 $13,985 ### $7,635 ### ### $5,830 ### $13,465 ### $20 Err:508 $13,445 ### 13,445 ### 18,445 ### 184,645 ### 0 ### ### 31,548 ###...
View Full Document

{[ snackBarMessage ]}

Page1 / 4

AC116 TEXTBOOK EXERCISES - UNIT 2 - Cash balance according...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online