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stiks02 [169]
3 years ago
7

Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clos

e of business on May 31, Its Cash account shows a $27,900 debit balance. The company's May 31 bank statement shows $26,200 on deposit in the bank. a. The May 31 bank statement lists $120 in bank service charges; the company has not yet recorded the cost of these services b. Outstanding checks as of May 31 total $5,800. c. May 31 cash receipts of $6,400 were placed in the bank's night depository after banking hours and were not recorded on the May 31 bank statement. d. In reviewing the bank statement, a $420 check written by Smith Company was mistakenly drawn against Wright's account. e. The bank statement shows a $560 NSF check from a customer; the company has not yet recorded this NSF check. Prepare a bank reconciliation for the company using the above information.
Engineering
1 answer:
alina1380 [7]3 years ago
8 0

Answer:

                                              Wright Company

                                             Bank Reconciliation

                                                 May 31, 2013

Credit side                                                                                   Debit side

Bank statement $26200                 |                          Book balance $27900

<em>Add;                                                    </em>

Deposit on May 31 $6400

Bank error $420

Sub-total=$33020

Deductions;                                        |                       Deduct

ions

Outstanding checks $5800              |                 Bank service charge $120

Adjusted bank balance $27220       |                  NSF check $560

                                                                             Total deduction $680

                                                      Adjusted book balance $27220

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<em><u>1</u></em>

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2 years ago
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hand tracing

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3 years ago
What is the instantaneous center of zero velocity? List two approaches for determining the is the instantaneous center of zero v
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From the diagram

Where these two lines will cut then it will the I-Center.Point A and B is moving perpendicular to the point I.

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3 years ago
A pipe of 0.3 m outer diameter at a temperature of 160°C is insulated with a material having a thermal conductivity of k = 0.055
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Answer:

Q=0.95 W/m

Explanation:

Given that

Outer diameter = 0.3 m

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K_m=0.055\left ( 1+2.8\times 10^{-3}T_m \right )

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K_m=0.055\left ( 1+2.8\times 10^{-3}\times 373 \right )

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4 0
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A westbound section of freeway currently has three 12-ft wide lanes, a 6-ft right shoulder, and no ramps within 3 miles upstream
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Answer:

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= 0.75

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Using the table for LOS criteria of basic frequency segment, the level of service LOS of frequency is LOSC

4 0
3 years ago
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