User Account

All Pages

The following information pertains to family video

Assignment Help Accounting Basics
Reference no: EM13578650

The following information pertains to Family Video Company.

  1. Cash balance per bank, July 31, $9,906.73.
  2. July bank service charge not recorded by the depositor $38.19.
  3. Cash balance per books, July 31, $9,935.38.
  4. Deposits in transit, July 31, $2,046.00.
  5. Bank collected $1,227.60 note for Family in July, plus interest $49.10, less fee $27.28. The collection has not been recorded by Family, and no interest has been accrued.
  6. Outstanding checks, July 31, $806.12.

Prepare a bank reconciliation at July 31,Journalize the adjusting entries at July 31 on the books of Family Video Company.

Reference no: EM13578650

Questions Cloud

Johnson products inc has three regional divisions organized : johnson products inc. has three regional divisions organized as profit centers. the chief executive officer ceo
How much values can be positive or negative the answer : cash dividends totalling 5000 were declared and paid to stockholders on march 31.tell what accounts are affected in
In a random telephone survey to estimate the proportion of : in a random telephone survey to estimate the proportion of households with a personal computer 720 out of 960
On march 1 fixtures and equipment were purchased for 5500 : on march 1 fixtures and equipment were purchased for 5500 with a downpayment of 1000 plus a 4500 note payable in one
The following information pertains to family video : the following information pertains to family video company. cash balance per bank july 31 9906.73. july bank service
We spent a substantial amount of time in week 4 discussing : we spent a substantial amount of time in week 4 discussing the payment and taxation of corporate dividends. some of
Compare the mean for the heights of males which is 6978 : compare the mean for the heights of males which is 69.78 and the mean for the heights of females which is 67.08.
Prepare an adjusting journal entry as of the end of : the phoenix brick yard completed the following transactions. accounts receivable are valued using the allowance
Organic health co is an hmo for businesses in the chicago : organic health co. is an hmo for businesses in the chicago area. the following account balances appear on the balance

Reviews

Write a Review

Accounting Basics Questions & Answers

  Process further sales value of processed product

Determine whether each of the joint products should be sold as is, or processed further

  Telmarine companys payroll taxes are fica 8 state

for the year ended december 31 2012 telmarine electrical repair company reports the following summary payroll

  Daan corporation wholesales repair products to equipment

entries for issuing bonds and amortizing premium by straight-line methoddaan corporation wholesales repair products to

  Introductory section of cafr

The introductory section of a CAFR typically includes all of the following except

  Business expenses basics

Roxanne is an aerobics (Jumping Jacks) instructor. She submitted a list of her business expenses to you. The list includes: DVD player $500; CD Music $500; Leotards and Tights $500; Towels $500; Mats $500. Which expenses would you allow?

  Recording the journal entry

Young corporation issued 2,000 shares of $25 par value common stock and 300 shares of 13% par value preferred stock for cash at par value. How do i record the journal entry?

  Forensic and investigative accounting

The legal statutes and insurance policy coverage identify a number of loss categories from a cyber attack. In the list of losses is one for "general injuries". Identify one general injury that might be suffered during a cyber attack.

  The door company manufactures doors classify each of the

the door company manufactures doors. classify each of the following quality costs as prevention costs appraisal costs

  Use lifo method and record cogs on a periodic basis

MBC will sell inventory at $160 per unit. MBC will use LIFO method and record COGS on a periodic basis. The company uses straight line depreciation. A full month of depreciation is recorded in the month of acquisition.

  Gain reported on consolidated income statement

In the same year Nectar sold land costing $50,000 to Lorikeet for $30,000. On July 1, 2005, Lorikeet sold the land to an unrelated party for $110,000. What will be the gain reported on the consolidated income statement for 2005?

  Accounts payable accounts receivable cash inventory and

selected account balances for hulse company at january 1 2014 are presented below.accounts payable14000accounts

  Ross would like to dispose of some land he acquired five

ross would like to dispose of some land he acquired five years ago because he believes that it will not continue to

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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