please do part b. Cash Balance Per BankStatement $17,122...
80.2K
Verified Solution
Question
Accounting
please do part b.
Cash Balance Per BankStatement $17,122 AdjustedCash Balance Per Bank Cash Balance Per Books $ 1B. 104 The information below relates to the Cash account in the ledger of Lily Company. The September bank statement shows a balance of $17,122 on September 30 and the following memoranda. At September 30 , deposits in transit were $4,800, and outstanding checks totaled $2,733. (a) Prepare the bank reconciliation at September 30. (List items that increase cash balance first). Prepare the adjusting entries at September 30, assuming (1) the NSF check was from a customer on account, and (2) no interest had been accrued on the note. (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually)
please do part b.



Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.