La Casa Interiors deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data…

/in /by

In the digital age, academic demands can be overwhelming, especially for nursing students who must juggle practical experiences, coursework, and exams. In such circumstances, seeking assistance from reliable online platforms becomes a viable option. One such platform that stands out is thenursingtermpaper.com. Thenursingtermpaper.com boasts of a team of qualified writers who specialize in nursing and related fields. This specialization ensures that the writers possess an in-depth understanding of nursing concepts, practices, and the latest developments in the field. Consequently, students can trust that their homework and term papers will be handled by experts with a profound knowledge of the subject matter.

La Casa Interiors deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of July 31 have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account. Instructions: Hide 1. Prepare a bank reconciliation as of July 31. If errors in recording deposits or checks are discovered, assume that the errors were made by the company. Assume that all deposits are from cash sales. All checks are written to satisfy accounts payable. When required, enter amounts in dollars and cents. La Casa Interiors Bank Reconciliation July 31, 20– Cash balance according to bank statement $ $ $ Adjusted balance $ Cash balance according to company’s records $ $ $ $ Adjusted balance $ Hide 2. Journalize the necessary entries. The accounts have not been closed. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank or enter “0”. 3. What is the amount of Cash that should appear on the balance sheet as of July 31? Enter amount in dollars and cents. $ 4. Assume that a canceled check for $325 has been incorrectly recorded by the bank as $3,250. Briefly explain how the error would be included in a bank reconciliation and how it should be corrected. Treatment SelectNot included in a bank reconciliationAddition to cash per depositor’s recordsDeduction from cash per bank statementDeduction from cash per depositor’s recordsAddition to cash per bank statement To correct SelectJournalize a correcting entry adding $6,280 to cashJournalize an entry deducting $3,600 from cashRequest that the bank correct the errorJournalize an entry adding $3,600 to cashJournalize an entry deducting $6,280 from cash

Thenursingtermpaper.com offers custom writing services, allowing students to provide specific instructions for their term papers. This ensures that each paper is tailored to the individual’s requirements, and it reflects the student’s unique perspective on the given topic. Moreover, thenursingtermpaper.com places a high emphasis on originality, guaranteeing that all delivered work is plagiarism-free. Meeting academic deadlines is paramount for students’ success. Understanding this, thenursingtermpaper.com prides itself on delivering papers promptly. By placing an order with this platform, students can have peace of mind, knowing that their term papers will be completed within the stipulated timeframe.

 

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.