00 X+ Create24Find text or tools Q℗ 4Question 4The following cash book receipts can be found in the books of Bushveld Traders for April 2024:X2024Al Assistant(Marks:15)DocNoDayeDR5101Jock BushΑB/S 04800Jedi DealersInternet salesADetailsFol.Analysis ofReceipts (R)Bank(R)DebtorsControl (R)Output VAT(R)SalesSundries(R)AmountFol. Details82 080 0082 0800082 080 00Capital75 753009 8808365 87217BCB/S 0415Blah Bank: Interest90630on depositDEFLGDS32721Stuart Smith cash17 9071217 90712salesHDS328 24Commercial8 406368 40636B/S 04DS329 27DR511 3026Tenant: Bill TongNorma EdwardsJKL6 947356.94735B Belton cash sales84 3030084 3030010 996 0473 30696Steve Brown?MN352 43101O154 75054?Abbreviations in the Document Number column: DR, B/S, and DS, indicate Duplicate Receipts, Bank Statement and Duplicate Cash Slips respectively.Required:mentsFill in the missing amounts/details for the letters A -O listed above.11,69 x 8,27 inQ SearchCOPREماء711<C@Q18:39ENGA2024/05/06USNEWHDMI

The cash book receipts for Bushveld Traders in April 2024 provide a snapshot of the company's…

Answered: 00 X + Create 24 Find text or tools Q ℗…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter21: Cash Budgeting (cashbud)

Section: Chapter Questions

Problem 2R: Open the file CASHBUD from the website for this book at cengagebrain.com. Enter the eight formulas...

See similar textbooks

Similar questions

gleusercontent.com/viewer/secure/pdf/ki7h0e5ernovil8j8jhia898nvne1h7r/0bntlihe Tutorial 10 Submission date: 18 January 2021 before 12.00pm 1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 Dec RM Dec 1 Balance b/d 3,419 8 Basri 462 7 Farah 101 15 Farid 21 22 Ghaz 44 28 Tengku 209 31 Weiwei 319 31 Siti 246 31 Balance c/d 3,437 4,129 4,129 Bank Statement Debit Date Items Credit Balance Dec 1 Balance b/d 3,419 3,520 3,058 3,037 3,081 3,174 7 Cheque 101 11 Basri 462 20 Farid 21 22 Cheque 31 Credit Transfer: Tina 31 Bank Charges 44 93 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
History Bookmarks Window AOL Mail (... eBook Q U Help Mail - Fait... Portal hos.. b. What is the amount recorded for the day's sales? How should the difference be recorded? of v2.cengagenow.com Chapter 5... Check My Work 10 more Check My Work uses remaining. should be recorded as Recording Cash Sales; Cash Over/Short The actual cash received from the day's cash sales was $14,346, and the amount indicated by the cash register total was $14,300. a. What is the amount deposited in the bank for the day's sales? d. If a cashier is consistently over or short, what action should be taken? C Cengage... MacBook Pro 8 JC 4+1 W Activity I... My Drive.. <₁ Save and Exit Sub
A v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker%3&takeAssignmentSessionLo... Assignment 6d: Chapter 22 Exercises eBook Print Item Schedule of Cash Collections of Accounts Receivable Office World Inc. has "cash and carry" customers and credit customers. Office World estimates that 20% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 25% pay their accounts in the month of sale, while the remaining 75% pay their accounts in the month following the month of sale. Projected sales for the next three months are as follows: October $106,000 November 133,000 December 194,000 The Accounts Receivable balance on September 30 was $71,000. Prepare a schedule of cash collections from sales for October, November, and December. Round all calculations to the nearest whole dollar. Office World Inc. Schedule of Collections from Sales For the Three Months Ending December 31 October November December Receipts from cash…
b Preview File Edit View Go Tools Window Help mgt120h-a17.pdf Page 5 of 10 15. The retailer considers VISA and MasterCard sales as a. Cash sales. b. Promissory notes. c. Credit sales. d. Contingent sales. Cost-Volume-Profit Analysis 40 14. Receivables might be sold to a. Lengthen the cash-to-cash operating cycle. b. Take advantage of deep discounts on the cash realizable value of receivables. c. Generate cash quickly. d. Finance companies at an amount greater than cash realizable value. The Effect Of Prepaid Taxes On Assets And Liabili... O Debenture Valuation CC 7 D ↑ V Search (Cª Ơ Sat Apr 15 3:05 PM 13. Goodwill can be recorded When customers keep returning because they b. When the company ang because they are satisfied with the company's products. d. Only when there is an exchange transaction involving the purchase of an entire business. c. When the company has exceptional mor business 400-0 -0 =1 Page 4 of 11
Kimmel, Financial Accounting, 8e Help I System Announcements he cash register tape indicates cash sales are $2,000 and sales taxes are $155. What journal entry is needed to record this informati ractice Question 19 000' 155 O Cash Sales Tax Expense 1,155 Sales Cash 000 0000 Sales D Cash 2,155 000 155 Sales Sales Taxes Payable D Cash 2,155 Sales 2,155 ick if you would like to Show Work for this question: Open Show Work
Print Item From the data below for Wong Company, prepare the closing entries for the year ended December 31. Cash dividends $47,000 Sales 982,600 Sales returns and allowances 3,960 Interest revenue 10,521 Factory overhead (debit) 210,620 Factory overhead (credit) 210,620 Cost of goods sold 726,820 Wages expense 130,745 Supplies expense 9,900 Depreciation expense-office equipment 6,900 Utilities expense 5,840 Bad debt expense 1,680 Advertising expense 11,120 Interest expense 9,860 Income tax expense 32,050 If an amount box does not require an entry, leave it blank. Page: 1 POST. DATE DESCRIPTION DEBIT CREDIT
OkyOTcw/a/MjUwNDEyNDM20TEx/details Particulars Credit (RM) 48,400 Debit (RM) Capital Drawings Trade receivables Trade payables Sales Purchases Sales returns Purchases retums Wages and salaries Discounts allowed Discounts received Provision for doubtful debts Insurance Inventory as at 1 September 2018 Utilities 3,500 9,000 12,500 40,400 31,000 300 250 5,600 120 200 300 700 2,400 950 350 10,000 3,000 20,000 Rates Premises Fixtures and fittings Motor van Cash in hand Cash at bank TOTAL 330 14,800 102.050 102.050 Additional information as at 31 August 2019: i. Inventory as at 31 August 2019 amounted RM3,300 ii. An entity from whom there is accounts receivables of RM200 was unable to settle his debt and this amount is to be written off as bad debts. iii. The provision for doubtful debts is 1% of the outstanding trade receivables. iv. The owner took RM100 worth of goods from the business for his own use Required: a) Statement of Profit or Loss and Others Comprehensive Income for the year…
K.do?invoker%3D&takeAssignmentSessionLocator%3D&inprogre.. Q e E Téléc.. OSérie Streaming Epi... Brazil vs Ecuador -.. 6 PAPYSTREAMING Fi.. Show Me How reconciliation structions Starting question Chart of Accounts Journal ructions Balance per bank $14,385 Balance per company records 11,200 Bank service charges 09 Deposit in transit 2,125 NSF check 1,480 Outstanding checks 6,850 Required: a. What is the adjusted balaņce on the bank reconciliation? b. On March 1, journalize any necessary entries for Donovan Company based on the bank reconciliation. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered ASUS prt sc sysrq pause break delete insert f10 f12 61 因 | backspace %3D 8. 6. 7.
Cash Receipt #94 Dated April 4, 2022 From Jokers Et Al., cheque #2213 for $950 in full payment of invoice # 287, taking into account 2% sales discount of $50 for early payment. 04-15-2022 J2 1080 1200 94, Jokers Et Al. Bank: Chequing Accounts Receivable 1,000.00 1,000.00 Compare the transaction information and the transaction as captured in Sage and state, what was done wrong and how would you correct it?
Calculate the cash discount and the net amount due the transaction (in $). (Round your answers to the nearest cent.) Amount ofInvoice Terms ofSale CashDiscount NetAmount Due $7,010.20 4/10, n/30 $ $
e - Prod x Module 8 Assessments - ACG20 * CengageNOWv2 | Online teachir ngagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $32,110. 2. Cash balance according to the bank statement at July 31, $31,350. 3. Checks outstanding, $2,870. 4. Deposit in transit, not recorded by bank, $4,150. 5. A check for $170 in payment of an account was erroneously recorded in the check register as $710. 6. Bank debit memo for service charges, $20. Journalize the entries that should be made by the company, part (A) Error and part (B) Service Charge a. July 31 Cash Accounts Payable v b. July 31 Miscellaneous Expense v Cash v Feedback Check My Work Keep in mind that the company needs to journalize any adjusting items in the company section…
Open the file CASHBUD from the website for this book at cengagebrain.com. Enter the eight formulas where indicated on the worksheet. Enter your name in cell A1. Save the file as CASHBUD2. Print the worksheet when done. Also print your formulas. Check figure: Ending cash balance for April (cell E54), 7,772.

SEE MORE QUESTIONS

Recommended textbooks for you

Excel Applications for Accounting Principles

Accounting

ISBN:

9781111581565

Author:

Gaylord N. Smith

Publisher:

Cengage Learning

Quickbooks Online Accounting

Accounting

ISBN:

9780357391693

Author:

Owen

Publisher:

Cengage

Excel Applications for Accounting Principles

Accounting

ISBN:

9781111581565

Author:

Gaylord N. Smith

Publisher:

Cengage Learning

Quickbooks Online Accounting

Accounting

ISBN:

9780357391693

Author:

Owen

Publisher:

Cengage

SEE MORE TEXTBOOKS