Business, 21.06.2021 15:50, HyperZ

Bank Reconciliation May 31, 2020 3
Cash balance per bank statement $ 7,209.60
Add: Deposit in transit $ 1,830.
Bank error - Tomins $ 480.00
$ 2,310.45
$ 9,520.05
Less: Outstanding checks $ 53.55
Adjusted Cash balance per Bank $ 9,466.50
Cash balance per books $ 6,100.50
Add: Electronic funds received $ 3,900.00
$ 10,000.50
Less:
NSF check $ 370.00
Error in May 12 Deposit $ 60.00
Error in recoridng Check No. 1181 $ 54.00
Check printing charge $ 50.00
Adjusted Cash balance per Books $ 534.00
$ 9,466.50
Prepare the necessary adjusting entries for Timmins Company at May 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 06:30, brony2199

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Answers: 1

continue

Business, 22.06.2019 14:00, tamariarodrigiez

How many months does the federal budget usually take to prepare

Answers: 1

continue

Business, 22.06.2019 19:20, Tariah5970

Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect

Answers: 2

continue

Business, 22.06.2019 20:20, cjp271

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine

Answers: 1

continue

Do you know the correct answer?

Bank Reconciliation May 31, 2020 3
Cash balance per bank statement $ 7,209.60
Add: Dep...