05-04Pr_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Unformatted text preview: Problem 5-4 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the column to the right of an incorrect answer. 1. ROCKY MOUNTAIN INTERIORS Bank Reconciliation July 31, 20-- Cash balance according to bank statement Add Total Deduct outstanding checks: Adjusted balance Cash balance according to company's records Add: Proceeds of note col ected by bank: Principal Interest Total Deduct: Adjusted balance 2. Assets = Liabilities + Stockholders' Equity Notes Accounts Retained Cash + Receivable = Payable + Earnings a. Effects of additions to cash balance: b. Effects of subtractions from cash balance: 3. 4. Instructions Problem 5-4 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited....
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05-04Pr_5e_s - Problem 5-4 Name: Section: Score: 0% Answers...

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