Professional Documents
Culture Documents
Chapter 3-5 To 3-13
Chapter 3-5 To 3-13
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March (80,000) 80,000
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April (220,000) (220,000)
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March 178,000 178,000
April
rs e (372,000) 372,000
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Balance per bank 330,000 700,000 530,000 500,000
Bank-beg 232,000
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Total 972,000
less: book credit 720,000
NSF (20,000)
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Problem 3-6
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https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/
August (300,000) (300,000)
Deposit in Transit:
July 600,000 (600,000)
August 480,000 480,000
Outstanding Checks:
July (100,000) (100,000)
August 650,000 (650,000)
Book Balance 1,200,000 4,400,000 3,600,000 2,000,000
Problem 3-7
Nov. 30 Receipts Disbursements 44,196
Book balance 2,032,000 2,568,000 1,440,000 3,160,000
Bank service charge
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44,165 (2,000) (2,000)
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44,196 4,000 (4,000)
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Collection of note
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44,165 (200,000) 200,000
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Adjusted book balance rs e
44,196
1,830,000
(300,000)
2,468,000 1,442,000
(300,000)
2,856,000
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Bank Balance 1,890,000 2,090,000 1,080,000 2,900,000
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Outstanding Checks
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Problem 3-8
Book Balance 1,900,000 1,400,000 2,400,000 900,000
NSF-Check:
44,104 (60,000) (60,000)
44,135 40,000 (40,000)
Collection of accounts recievable
44,104 30,000 (30,000)
44,135 50,000 50,000
Overstatement of Check
44,104 90,000 (90,000)
https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/
44,135 (120,000) 120,000
Adjusted balance 1,960,000 1,330,000 2,260,000 1,030,000
Adjusting Entries
1. Account Recievables 40,000
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Cash in bank 40,000
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2. Cash in bank 170,000
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Account Receivable 50,000
Salaries 120,000
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Bank disburs
Outstanding
Outstanding
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Cash disburs
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Balance per b
Bank deposit
Bank disburs
Balance per b
Deposit in tra
Outstanding
Adjusted ban
Bank Deposi
Deposit in Tr
https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/
Deposit in Tr
Cash receipt
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Problem 3-9
1
Outstanding Checks May 31 100,000
Check Recorded by book in June 2,500,000
Total 2,600,000
Less: Checks recorded by bank in June 2,200,000
Outstanding checks - June 30 400,000
2
Deposits outstanding - May 31 300,000
Deposit recorded by book in June 1,800,000
Total 2,100,000
Less: Deposit recorded by bannk in June (1,600,000)
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Deposits outstanding - June 30 500,000
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Balance per book June 30 2,100,000
Service charges
rs e (50,000)
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Collection by bank 550,000
NSF check (100,000)
Adjusted book balance 2,500,000
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Problem 3-10
1
Balance per Bank- November 30 3,600,000
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Total 9,100,000
December Disbursement (4,400,000)
Balance per Bank-December 31 4,700,000
Deposit in transit- December 700,000
Outsanding Check-December (500,000)
Adjusted bankbalance- December 31 4,900,000
2
Banlance per book- December 31 4,300,000
Note collected by bank 1,000,000
NSF check (350,000)
https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/
Service Charge (50,000)
Adjusted book balance 4,900,000
3
Bank Receipt in December 5,500,000
Note Collected (1,000,000)
Deposit in Transit- November (800,000)
Deposit in Transit- December 700,000
Cash Receipt per book in December 4,400,000
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Bank Disburesement- December 4,400,000
NSF Check (3,500,000)
Service Charge (50,000)
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Outstanding Checks- November (1,200,000)
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Erroroneous bank credit- November (200,000)
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Outstanding Checks- December 500,000
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Book Disbursement_December (50,000)
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Problem 3-11
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Balance per book- July 31 5,350,000
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3
Deposit per bank- July 9,000,000
Note collected by bank- July (200,000)
Deposit in transit- June 30 (400,000)
Deposit in transit- July 31 1,000,000
Cash receipt per book- July 9,400,000
https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/
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Disbursement per bank-July 7,000,000
NSF Check- July (140,000)
Service Charge- July (10,000)
Outstanding Checks- June (900,000)
Outstanding Checks- July (600,000)
Cash disbursement per book- July 5,350,000
Problem 3-12
1
Balance per bank- June 9,800,000
Bank deposit- July 6,500,000
Bank disbursement- July (9,000,000)
Balance per bank- July 7,300,000
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Deposit in transit- July 600,000
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Outstanding Check (1,000,000)
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Adjusted bank Balance 6,900,000
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Bank Deposit- July 6,500,000
Deposit in Transit- July 600,000
Deposit in Transit- June (400,000)
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Bank disbursement- July 9,000,000
Outstanding Checks- June (1,400,000)
Outstanding Checks- July 1,000,000
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Problem3-13
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Bank Deposit- April 6,000,000
Deposit in Transit- March (1,000,000)
https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/
Deposit in Transit- April 1,500,000
Cash receipt per book- April 6,500,000
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Bank disbursement- April 5,000,000
Outstanding Checks- March (1,250,000)
Outstanding Checks- April 750,000
Cash disbursement per book- April 4,500,000
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https://www.coursehero.com/file/70800617/Chapter-3-Problem-3-5-13pdf/