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Q2: Prepare a Bank Reconciliation Statement for XYZ company that has : Bank statement...

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Q2: Prepare a Bank Reconciliation Statement for XYZ company that has : Bank statement of $9,000 Cash account of $7,500 Additional information for the reconciliation: Deposit in transit. NSF Check Outstanding check. Collections made by the bank. Required: provide an amount of each information to bring the adjusted balances to be equal : 03: assume that you have a company. And the management estimates that 2.5% of sales will be uncollectible. Provide an amount of sales and prepare the journal entry using the percent of sales methods. 04: Abdulaziz Co. purchased a machine in 2013 for 50,000 that has a useful life of 5 years with a salvage value of 5,000. Calculate the depreciation expense, accumulated depreciation, book value throughout its useful life using: 1.straight methods for depreciation. 2. - Units of Production Method if the machine produces 100,000 units. Here is a table of units produced each year: First Second Third Fourth Fifth 23,000 25,000 -30,000 22.000 3.Double declining balance method

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