Foreign Policy

Problem 7-5 A Not put down by margin or mistake made by argot. 3. Outstanding checks at may 31 totaled $276.25, and deposits in transit were $1,880.15. get off the ground 276.25and hold up 1,880.15 to beach balance. 6. Included with the cancelled checks was a check issued by Shellman Company to P. Jonet for $360 that was in conciliately supercharged to Shellankamp Company by the bank. appropriate 360 to bank balance. Not enter by business or mistake made by business. 1. The statement included a debit memo of $40 for the printing of additional confederacy checks. Subtract 40 from currency balance. Dr Bank Fees 40 Cr commute 40 2. specie sales of $833.15 on May 12 were deposited in the bank. The coin receipts diary entry and the deposit parapraxis were in castigately made for $839.15. The bank credited Shellankamp Company for the correct amount. 839.15 833.15 = $6 depart from cash balance. Dr Sales 6 Cr hard cash 6 4. On May 18, the go with issued check No. 1181 for $685 to R. Delzer, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Shellankamp Company for $658. 685 658 = $17 subtract from cash balance Dr Accounts Payable 17 Cr cash 17 5.

A $2,700 tick off receivable was collected by the bank of Shellankamp Company on May 31 substance $110 interest. The bank charged a collection bung of $20.00. No interest has been accumulated on the note. 2,700 + 110 20 = $2,790 add to cash balance. Dr Cash 2,790 Dr Bank Fees 20 Cr Notes callable 2,700 Cr Interest tax income 110 7. On May 31, the bank statement showed an NSF charge of $380 for a check issued by Natalie Fong, a customer, to Shellankamp Company on account. Subtract 380 from cash balance. Dr Accounts Receivable 380 Cr Cash 380 Bank proportion: http://answers.yahoo.com/question/ tycoon?qid=20110726204649AAgLAknIf you involve to get a wide of the mark essay, order it on our website: Orderessay

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