Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information is available for juno co

The following information is available for Juno Company for the month...

50.1K

Verified Solution

Question

Accounting

image
The following information is available for Juno Company for the month ending june 30, 2019. - Balance as per the bank statement is $12,000. - Balance as per books is $10,400. - Check $506 for $1,400 and check $510 for $800 were not shown on the June 30 , bank statement. - A deposit in transit of $2,541 had not been received by the bank when the bank statement was generated. - A bank debit memo indicated an NSF check for $90 written by Jane Smith to Juno Company on June 13. - A bank credit memo indicated a note collected by the bank of $2,000 and interest revenue of $51 on June 20. - The bank statement indicated service charges of $20. What is the adjusted book balance? Select one: A. $8,200 B. $12,361 C. $8,251 D. $12,341

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Calculus
1.2K views

Find the vertex, focus, and directrix of the parabola. Then sketch the parabola.(x + 5)...

Statistics
1.2K views

Mutual funds mix different types of investments which alters performance. Use the tab titled BESTFUNDS1 to determine...

Medical Sciences
1.2K views

1. Which cells \"costimulate\" cytotoxic T cells and B cells by secreting cytokines? 2. What are the functions...

General Management
1.2K views

Please read and review the text below and rewrite them using different words and concept.. All cultures...

Geometry
1.2K views

A quadrilateral has vertices at 1 4 1 2 4 1 and 2 5 What...

Algebra
1.2K views

Characteristics of Comp Counselors Grade Level Male Female 21 16 Junior Senior 18 25 Find...

Algebra
1.2K views

22 The length of a rectangle is 5 inches longer than its width The perimeter...

Accounting
1.2K views

Waterway Company's standard labour cost of producing one unit of product DD is 3 hours...

Accounting
1.2K views

1.)In New England in the 1770s, colonists threw the East India Company's tea into the...

Accounting
1.2K views

At December 31, 2019, Shiga Naoya Corporation had the following stock outstanding. 10% cumulative preferred...

Accounting
1.2K views

When June and Jerry started their business, Oriole Inc., their mission was simple: to provide...

Finance
1.2K views

We are evaluating a project that costs $732,000, has a five-year life, and has no...