View the step-by-step solution to:

Exercise 8-11 (Part Level Submission) The following information pertains to Crane Video Company. Cash balance per bank, July 31, $7,863.

Exercise 8-11 (Part Level Submission)

The following information pertains to Crane Video Company.


1.Cash balance per bank, July 31, $7,863.2.July bank service charge not recorded by the depositor $37.3.Cash balance per books, July 31, $7,884.4.Deposits in transit, July 31, $1,800.5.Bank collected $1,200 note for Crane in July, plus interest $45, less fee $29. The collection has not been recorded by Crane, and no interest has been accrued.6.Outstanding checks, July 31, $600.


(a)

Make a bank reconciliation at July 31. (List items that increase cash balance first.)

Top Answer

The adjusted... View the full answer

Sign up to view the full answer

Other Answers

The answer to this question... View the full answer

BRS.jpg

Hal as per Bank Add: Dapusit in Transit
Lass: DIS Checks Adj Ba! as per Bank Hal as per Banks 13E3 ME ? 'Add: Direct Callactians by bank (12m+45-ss}
'Lass Bank charges
Adj Ba! as per Banks 1215
—3?

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online