This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Prepare Gloria's Glassware's November bank reconciliation. Below is a list of items that will be ... (Read 20 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jul 5, 2018
Prepare Gloria's Glassware's November bank reconciliation. Below is a list of items that will be included in the reconciliation. The balance on the bank statement was 12,575. The cash balance for Gloria's Glassware was 11,483.
 
  a. Gloria's Glassware correctly deposited a check for 87. The bank recorded the check for 78.
  b. Gloria's Glassware incorrectly recorded a deposit as 143. The bank correctly recorded the check for 134.
  c. Bank service charges for the month were 45.
  d. 1,555 worth of checks was outstanding.
  e. A deposit of 400 was mailed to the bank, but has not been recorded by the bank.
 
   Gloria's Glassware
   Bank Reconciliation
   November 30, 2012
 
  Bank Balance 12,575 Book Balance 11,483
  Add: Add:
 
  Deduct: Deduct:

Question 2

A control goal that is a measure of success in meeting a set of established goals is called:
 a. effectiveness
  b. monitoring
  c. efficiency
  d. risk


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

Gloria's Glassware
Bank Reconciliation
November 30, 2012

Bank Balance 12,575 Book Balance 11,483
Add: Add:
Deposits in transit 400
Bank error 9
Deduct: Deduct:
Outstanding checks (1,555) Bank service charge (45)
Recording error (9)
11,429 Adjusted balance 11,429

Answer to Question 2

A


tfester

  • Member
  • Posts: 534
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Bank Bank
Items that would be difficult to replace bearing legal significance are sent by certified mail. Items that would be difficult to replace bearing legal significance are sent by certified mail.
Medical Office To Do List Medical Office To Do List
Two items from the incomplete-pictures test. H.M.’s memory for the 20 items on the test was ... Two items from the incomplete-pictures test. H.M.’s memory for the 20 items on the test was ...
Patients with celiac disease must maintain a gluten-free diet. Many gluten-free items are widely ... Patients with celiac disease must maintain a gluten-free diet. Many gluten-free items are widely ...
November 1 2023 November 1 2023
Video: Oogenesis Animation

For a complete list of videos, visit our video library