Prepare a bank reconciliation as of september for happ inc

Assignment Help Accounting Basics
Reference no: EM13890968

Bank reconciliation The balance in Happ, Inc.'s general ledger Cash account was $12,430 at September 30, before reconciliation. The September 30 balance shown in the bank statement was $11,130. Reconciling items included deposits in transit, $1,200; bank service charges, $70; NSF check written by a customer and returned with the bank statement, $450; outstanding checks, $380; and interest credited to the account during September but not recorded on the company's books, $30.

Required:

Prepare a bank reconciliation as of September 30 for Happ, Inc.

Reference no: EM13890968

Questions Cloud

What are some of the health effects of cigarette smoking : Cigarettes are by far the most common form of tobacco used in North America (Berger, 2008, p. 527). However, fewer people are starting to smoke, and almost everyone quits by late adulthoo.
How does hope have effect on a person with terminal cancer : How does hope have an effect on a person with terminal cancer? How might an individual help a patient to generate or sustain hope in dealing with the cancer? Explain how hope might relate to the stress response and the immune response system.
Calculate the balance at end of year for accounts receivable : Accounts receivable, bad debts, credit sales, and cash collections analysis At the beginning of the year. Calculate the balances at the end of the year for the Accounts Receivable and Allowance for Bad Debts accounts.
Explain concept of the science of mindfulness : Can someone help me more fully understand the concept of the Science of Mindfulness? How can it be used to reduce stress?
Prepare a bank reconciliation as of september for happ inc : Bank reconciliation The balance in Happ, Inc.'s general ledger Cash account was $12,430 at September 30, before reconciliation. Prepare a bank reconciliation as of September 30 for Happ, Inc.
Summarize the role of religion for latinos : Summarize the role of religion for Latinos
What are the long-term consequences of manifest destiny? : What are the long-term consequences of Manifest Destiny?
Define various cultural groups in research studies : Can someone help me with finding the problems that may be associated with underrepresentation of various cultural groups in research studies, and does it devalue the data collection? Are there any efforts that can be made to assure inclusion of al..
Calculate the companys average income tax rate : Calculate the effective interest rate on the notes payable for DeBauge Realtors, Inc. Calculate the company's average income tax rate.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd