APRIL 15 LECTURE SEC 4.1-4.4 Trigonometry - Bb Coll Return to Blackboard IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR PRI Exercise 8-07 Your answer is partially correct. Try again. Lily Company established a petty cash fund on May 1, cashing a check for $115. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $3.00. Receipts: delivery expense $28.15, postage expense $36.30, and miscellaneous expense $44.70. July 1: Cash in fund $4.05. Receipts: delivery expense $23.90, entertainment expense $50.70, and miscellaneous expense $36.35. On July 10, Lily increased the fund from $115 to $145.00. Prepare journal entries for Lily Company for May 1, June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do n answers to 2 decimal places, e.g. 52.75. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

APRIL 15 LECTURE SEC 4.1-4.4 Trigonometry - Bb Coll Return to Blackboard IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR PRI Exercise 8-07 Your answer is partially correct. Try again. Lily Company established a petty cash fund on May 1, cashing a check for $115. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $3.00. Receipts: delivery expense $28.15, postage expense $36.30, and miscellaneous expense $44.70. July 1: Cash in fund $4.05. Receipts: delivery expense $23.90, entertainment expense $50.70, and miscellaneous expense $36.35. On July 10, Lily increased the fund from $115 to $145.00. Prepare journal entries for Lily Company for May 1, June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do n answers to 2 decimal places, e.g. 52.75. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter9: Accounting For Purchases And Cash Payments

Section9.4: Accounting For Cash Payments

Problem 1OYO

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edugen.wileyplus.com 山 + D Return to Blackboard Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements Problem 8-03A a-b (Part Level Submission) (Video) CALCULATOR PRINTER VERSION Waterway Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. 1 BACK NEXT Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210. 15 Replenished the petty cash fund by writing a check for $206.50. On this date, the fund consisted of $3.50 in cash and these petty cash receipts: freight-out $94.00, entertainment expense $47.00, postage expense $43.90, and miscellaneous expense $20.40. 16 Increased the amount of the petty cash fund to $305 by writing a check for $95.00. 31 Replenished the petty cash fund by writing a check for $289.00. On this date, the fund consisted of $16.00 in cash and these petty cash receipts: postage expense…
On April 3, Snappy Sales decides to establish a $135 petty cash fund to relieve the burden on Accounting. a. Journalize the establishment of the fund. Apr. 3 b. On April 11, the petty cash fund has receipts for mail and postage of $32.75, contributions and donations of $25.25, meals and entertainment of $68.00, and $9.75 the ending cash balance. Journalize the replenishment of the fund. Round your answers to two decimal places. If an amount box does not require an entry, leave it blank. Apr. 11 c. On April 12, Snappy Sales decides to increase petty cash to $175. Journalize this transaction. Apr. 12
SUNDAY about:blank lawkes Learning | Home ion II Saved Help Save & Exit Egrane, Inc.s monthly bank statement showed the ending balance of cash of $14,800. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,200, outstanding checks of $1,600, a NSF check of $560, bank service charges of $24 and the EFT from a customer in payment of the customer's account of $1,200. What journal entry should be recorded by Egrane for the EFT? =32 Multiple Choice Debit Cash and credit Sales Revenue for $1,200. No journal entry is necessary for this item. Debit Accounts Receivable and credit Cash for $1,200. Debit Cash and credit Accounts Receivable for $1,20. MacBook DII DD 吕0 F8 F9 F10 F3 F4 F5 F6 F7 #3 24 & へ 4. 6 7 8 9 T Y つ
edugen.wileyplus.com US Return to Blackboard Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements Exercise 8-11 a-b (Part Level Submission) (Video) CALCULATOR PRINTER V The following information pertains to Bonita Video Company. 1. Cash balance per bank, July 31, $7,763. 2. July bank service charge not recorded by the depositor $38. 3. Cash balance per books, July 31, $7,784. 4. Deposits in transit, July 31, $1,750. 5. Bank collected $1,150 note for Bonita in July, plus interest $46, less fee $30. The collection has not been recorded by Bonita, and no interest has been accrued. 6. Outstanding checks, July 31, $601. (a) Your answer is partially correct. Try again. Prepare a bank reconciliation at July 31. (List items that increase cash balance first.) BONITA VIDEO COMPANY Bank Reconciliation July 31 7763 Cash balance per bank statement 1750 Add Deposits in transit 9513 601 Less Outstanding checks 10114 Adjusted…
**General Journal needed** Review uploaded images Rick Hall owns a card shop: Hall’s Cards. The following cash information is available for the month of August Year 1. As of August 31, the bank statement shows a balance of $13,250. The August 31 unadjusted balance in the Cash account of Hall’s Cards is $9,564. A review of the bank statement revealed the following information: A deposit of $1,250 on August 31, Year 1, does not appear on the August bank statement. It was discovered that a check to pay for baseball cards was correctly written and paid by the bank for $1,750 but was recorded on the books as $2,650. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,095 were found to be outstanding. A debit memo for $59 was included in the bank statement for the purchase of a new supply of checks.
Knowledge Check Seal Mate established a $100 petty cash fund on June 1. On June 30, the fund had $17 cash and petty cash receipts for postage $25, and tolls and parking $60. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually) Prepare the entry on June 1 to establish the fund. Date Account Titles and Explanation Debit Credit Jun. 1 Prepare the entry on June 30 to replenish the fund. Date Account Titles and Explanation Jun. 30 List of Accounts Save for Later Debit Credit Attempts: 0 of 3 used Submit Answer
BUSINESS STUDIES DEPARTMENT INTERMEDIATE ACCOUNTNG1 (TUTORIAL #1) 1. XYZ Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May (the last month of the company's fiscal year). May 1 Prepared a company check for $250 to establish the petty cash fund. May 15 Prepared a company check to replenish the fund for the following expenditures made since May1: a. Paid $78 for janitorial services. b. Paid $63.68 for miscellaneous expenses. c. Paid postage expenses of $43.50. d. Paid $57.15 to a local newspaper for an advertisement. e. Counted $11.15 remaining in the petty cash box. May 16 Prepared a company check for $200 to increase the fund to $450. May 31 The petty cashier reports that $293.39 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15: a. Paid postage expenses of $48.36. b. Reimbursed the office manager for business mileage, $38.50. c. Paid…
ezto.mheducation.com kes Learning | Home mination II Saved Help Save & Exit Submit Before reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in the cash account of $8,250. The bank reconciliation for the month contained the following items: 15 Deposits in transit Outstanding checks $870 645 56 Interest earned 20 ints NSF check returned to bank Bank service charge 220 70 A 01:39:45 Given the above information, what up-to-date ending cash balance should Rollin report at month-end? Multiple Choice $7,980. $8,530. Mc Graw MacBook DII DD 80 F10 FB F9 F7 F5 F2 F3 23 2$ % & @ 3 4 6. 7 8 W R T. Y G H. J K S D * 00
On April 2, Granger Sales decides to establish a $280 petty cash fund to relieve the burden on ACcounting. a. Journalize the establishment of the fund. If an amount box does not require an entry, leave it blank. Apr. 2 b. On April 10, the petty cash fund has receipts for mail and postage of $41, contributions and donations of $19, and meals and entertainment of $109, and $107 in cash. Journalize the replenishment of the fund. If an amount box does not require an entry, leave it blank. Apr. 10 c. On April 11, Granger Sales decides to increase petty cash to $380. Journalize this event. If an amount box does not reguire an entry, leave it blank. Apr. 11
BANK RECONCILIATION AND RELATED JOURNAL ENTRIES The book balance in the checking account of Lyle's Salon as of Novemeber 30 is $3,282.95. The bank statement shows an ending balance of $2,127. By examining last month's bank in novemeber and noting the service charges and other debit and credit memos shown on the bank statement, the following were found: a) An ATM withdrawl of $150 on November 18 by Lyle for personal use was not recorded in the books b) A bank debit memo issued for an NSF check from a customer of $19.50 c) A bank credit memo issued for interest of $19 earned during the month d) on November 30, A deposit of 1,177 was made which is not shown on the bank statement. e) A bank debit memo issued for $17.50 for bank service charges. f) checks No. 549,561 and 562 for the amounts of $185, $21 and $9.40, respectively, were written during november but have not yet been received by the bank. g) The reconciliation from the previous month showed outstanding checks totaling $271.95…
Required information Use the following information for the Exercises 12 below. (Algo) Skip to question [The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $13,236 debit balance and its bank statement shows $12,096 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $1,284. The June 30 bank statement lists a $70 bank service charge. Check No. 919, listed with the canceled checks, was correctly drawn for $789 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $798. The June 30 cash receipts of $2,363 were placed in the bank’s night depository after banking hours and were not recorded on the June 30 bank statement.
edugen.wileyplus.com SOFTWARE UPDATE Return to Blackboard Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements macOS Big Sur 11.3.1 is available and will be in later tonight. CALCULATOR PRINTER VERSION 4 ВАCK Problem 8-03A a-b (Part Level Submission) (Video) Bramble Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210. 15 Replenished the petty cash fund by writing a check for $205.80. On this date, the fund consisted of $4.20 in cash and these petty cash receipts: freight-out $92.00, entertainment ex $47.60, postage expense $41.90, and miscellaneous expense $22.80. 16 Increased the amount of the petty cash fund to $325 by writing a check for $115.00. 31 Replenished the petty cash fund by writing a check for $308.80. On this date, the fund consisted…