The following data was extracted from the accounting records of Wise C.pdf
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The following data was extracted from the accounting records of Wise Company: Adjusting journal entries made by Wise after preparing the December bank reconciliation were as follows: Dr. Cash 1,995.00 Dr. Bank Service Charges 5.00 Cr. Notes Receivable 2,000.00 Dr. Cash 27.00 Cr. Advertising Expense 27.00 Dr. Accounts Receivable 450.00 Cr. Cash 450.00 Dr. Bank Service Charges Expense 42.50 Cr. Cash 42.50 Other information: The Balance Per books November 30 was $18,434.27 Deposits in transit at December 31 were $2,145.40 An error made by the bank on the December bank statement was detected. It had charged a cheque written by another bank client (Wiese Company) against Wise Company's bank balance. The Bank has been notified and agrees it is indeed their error. The amount was $30.50 Outstanding cheques were $1,938.53 There were no other reconciling items not reflected above The journal entry for the $450 probably represents: Multiple Choice An outstanding cheque written by Wise which has not cleared the bank in December An NSF cheque Some other explanation A deposit made by Wise which was not recorded on the bank statement Collection of a receivable on Wise's behalf.
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The following data was extracted from the accounting records of Wise C (1).pdf
The following data was extracted from the accounting records of Wise Company:
Adjusting journal entries made by Wise after preparing the December bank reconciliation were
as follows:
Other information:
The Balance Per books November 30 was $18,434.27
Deposits in transit at December 31 were $2,145.40
An error made by the bank on the December bank statement was detected. It had charged a
cheque written by another bank client (Wiese Company) against Wise
Company's bank balance. The Bank has been notified and agrees it is indeed their error. The
amount was $30.50
Outstanding cheques were $1,938.53
There were no other reconciling items not reflected above
The journal entry for the $450 probably represents:
Multiple Choice
A deposit made by Wise which was not recorded on the bank statement
Collection of a receivable on Wise's behalf
An NSF cheque
Some other explanation
An outstanding cheque written by Wise which has not cleared the bank in December
Dr. C ash 1,995.00
Dr. B ank Service Charges 5 .00
Cr. N otes Receivable 2,000.00
.
PART II APPLICATIONDirections Please answer each of the foll.docx
PART II: APPLICATION
Directions:
Please answer each of the following questions. Show your work as necessary.
1. The following bank reconciliation contains several errors.
Bank Reconciliation
July 31, 20--
Bank Statement Balance
$ 9,057.00
Add: Note collected by bank
1,200.00
$10,257.00
Deduct: Outstanding checks
$596.00
Error in recording Ck. No. 462 (recorded
check for $546 rather than $456)
90.00
686.00
Adjusted Bank Statement Balance
$ 9,571.00
Ledger Balance of Cash
$ 8,366.00
Add: NSF check from customer
$ 60.00
Deposit in transit
941.00
1,001.00
$ 9,367.00
Deduct: Bank service and collection charges
14.00
Adjusted Ledger Balance of Cash
$ 9,353.00
Instructions:
Prepare a corrected bank reconciliation.
Bank Reconciliation
July 31, 20--
Bank Statement Balance
Add: Deposit in transit
Deduct: Outstanding checks
Adjusted Bank Statement Balance
Ledger Balance of Cash
Add: Note collected from customer
Deduct: Bank service and collection charges
Error in recording Ck. No. 462 (recorded
check for $546 rather than $456)
NSF check from customer
Adjusted Ledger Balance of Cash
2. Capable Cleaners deposits all receipts in the bank each evening and makes all payments by check. On March 31 its ledger balance of cash is $983.40. The bank statement balance of cash as of March 31 is $1,176.53. You are given the following information with which to reconcile the bank statement:
a.
A bank debit memo for service charges, $5.
b.
A deposit of $198.50 was placed in the night depository on March 31 and did not appear on the bank statement.
c.
The reconciliation for February, the previous month, showed two checks outstanding on February 28: Ck. No. 332 for $18 and Ck. No. 333 for $138.60. Ck. No. 333 was returned with the March statement; however, Ck. No. 332 was not returned.
d.
A bank debit memo for a $4.17 NSF check written by L. Long.
e.
Checks no. 352 for $141.15, no. 355 for $17.50, and no. 356 for $215.15 were written during March but were not returned by the bank.
f.
The canceled checks were compared with the entries in the check register, and it was observed that Ck. No. 348 for $56 was written correctly, payable to Glyn Company, a creditor, but was recorded in the checkbook as $65.
Instructions:
1.
Prepare a bank reconciliation as of March 31, assuming that the debit and credit memos have not been recorded.
2.
Record the necessary entries in general journal form using page 41.
1.)
Capable Cleaners
Bank Reconciliation
March 31, 20—
Bank Statement Balance
Add: Deposit in transit
Deduct: Outstanding checks
No. 332
No. 352
No. 355
No. 356
Adjusted Bank Statement Balance
Ledger Balance of Cash
Add: Error in recording Ck. No. 348 payable to
Glyn Company (recorded check for $9 too
much)
Deduct: Bank servic.
Brs presentation
This Presentation will be very helpful for the accounting students to understand BANK RECONCILIATION....
made by Awais Riaz +923416045028
On July 31 2025 Ivanhoe Company had a cash balance per boo.pdf
On July 31, 2025, Ivanhoe Company had a cash balance per books of $6,255.00. The statement
from Dakota State Bank on that date showed a balance of $7,805.80. A comparison of the bank
statement with the Cash account revealed the following facts. 1. The bank service charge for July
was $22.00. 2. The bank collected $1,635.00 from a customer for lvanhoe Company through
electronic funds transfer. 3. The July 31 receipts of $1,311.30 were not included in the bank
deposits for July. These receipts were deposited by the company in a night deposit vault on July
31. 4. Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that cleared the bank
in July was incorrectly entered in the cash payments journal on July 10 for $347.00. 5. Checks
outstanding on July 31 totaled $1,966.10. 6. On July 31 , the bank statement showed an NSF
charge of $690.00 for a check received by the company from W. Krueger, a customer, on
account.Prepare the bank reconciliation as of July 31 . (List items that increase bolance as per
bank & books first. Round onswers to 2 decima places eg. 2,525.25..
Recommended
The following data was extracted from the accounting records of Wise C (1).pdf
The following data was extracted from the accounting records of Wise Company:
Adjusting journal entries made by Wise after preparing the December bank reconciliation were
as follows:
Other information:
The Balance Per books November 30 was $18,434.27
Deposits in transit at December 31 were $2,145.40
An error made by the bank on the December bank statement was detected. It had charged a
cheque written by another bank client (Wiese Company) against Wise
Company's bank balance. The Bank has been notified and agrees it is indeed their error. The
amount was $30.50
Outstanding cheques were $1,938.53
There were no other reconciling items not reflected above
The journal entry for the $450 probably represents:
Multiple Choice
A deposit made by Wise which was not recorded on the bank statement
Collection of a receivable on Wise's behalf
An NSF cheque
Some other explanation
An outstanding cheque written by Wise which has not cleared the bank in December
Dr. C ash 1,995.00
Dr. B ank Service Charges 5 .00
Cr. N otes Receivable 2,000.00
.
PART II APPLICATIONDirections Please answer each of the foll.docx
PART II: APPLICATION
Directions:
Please answer each of the following questions. Show your work as necessary.
1. The following bank reconciliation contains several errors.
Bank Reconciliation
July 31, 20--
Bank Statement Balance
$ 9,057.00
Add: Note collected by bank
1,200.00
$10,257.00
Deduct: Outstanding checks
$596.00
Error in recording Ck. No. 462 (recorded
check for $546 rather than $456)
90.00
686.00
Adjusted Bank Statement Balance
$ 9,571.00
Ledger Balance of Cash
$ 8,366.00
Add: NSF check from customer
$ 60.00
Deposit in transit
941.00
1,001.00
$ 9,367.00
Deduct: Bank service and collection charges
14.00
Adjusted Ledger Balance of Cash
$ 9,353.00
Instructions:
Prepare a corrected bank reconciliation.
Bank Reconciliation
July 31, 20--
Bank Statement Balance
Add: Deposit in transit
Deduct: Outstanding checks
Adjusted Bank Statement Balance
Ledger Balance of Cash
Add: Note collected from customer
Deduct: Bank service and collection charges
Error in recording Ck. No. 462 (recorded
check for $546 rather than $456)
NSF check from customer
Adjusted Ledger Balance of Cash
2. Capable Cleaners deposits all receipts in the bank each evening and makes all payments by check. On March 31 its ledger balance of cash is $983.40. The bank statement balance of cash as of March 31 is $1,176.53. You are given the following information with which to reconcile the bank statement:
a.
A bank debit memo for service charges, $5.
b.
A deposit of $198.50 was placed in the night depository on March 31 and did not appear on the bank statement.
c.
The reconciliation for February, the previous month, showed two checks outstanding on February 28: Ck. No. 332 for $18 and Ck. No. 333 for $138.60. Ck. No. 333 was returned with the March statement; however, Ck. No. 332 was not returned.
d.
A bank debit memo for a $4.17 NSF check written by L. Long.
e.
Checks no. 352 for $141.15, no. 355 for $17.50, and no. 356 for $215.15 were written during March but were not returned by the bank.
f.
The canceled checks were compared with the entries in the check register, and it was observed that Ck. No. 348 for $56 was written correctly, payable to Glyn Company, a creditor, but was recorded in the checkbook as $65.
Instructions:
1.
Prepare a bank reconciliation as of March 31, assuming that the debit and credit memos have not been recorded.
2.
Record the necessary entries in general journal form using page 41.
1.)
Capable Cleaners
Bank Reconciliation
March 31, 20—
Bank Statement Balance
Add: Deposit in transit
Deduct: Outstanding checks
No. 332
No. 352
No. 355
No. 356
Adjusted Bank Statement Balance
Ledger Balance of Cash
Add: Error in recording Ck. No. 348 payable to
Glyn Company (recorded check for $9 too
much)
Deduct: Bank servic.
Brs presentation
This Presentation will be very helpful for the accounting students to understand BANK RECONCILIATION....
made by Awais Riaz +923416045028
On July 31 2025 Ivanhoe Company had a cash balance per boo.pdf
On July 31, 2025, Ivanhoe Company had a cash balance per books of $6,255.00. The statement
from Dakota State Bank on that date showed a balance of $7,805.80. A comparison of the bank
statement with the Cash account revealed the following facts. 1. The bank service charge for July
was $22.00. 2. The bank collected $1,635.00 from a customer for lvanhoe Company through
electronic funds transfer. 3. The July 31 receipts of $1,311.30 were not included in the bank
deposits for July. These receipts were deposited by the company in a night deposit vault on July
31. 4. Company check No. 2480 issued to L. Taylor, a creditor, for $374.00 that cleared the bank
in July was incorrectly entered in the cash payments journal on July 10 for $347.00. 5. Checks
outstanding on July 31 totaled $1,966.10. 6. On July 31 , the bank statement showed an NSF
charge of $690.00 for a check received by the company from W. Krueger, a customer, on
account.Prepare the bank reconciliation as of July 31 . (List items that increase bolance as per
bank & books first. Round onswers to 2 decima places eg. 2,525.25..
MGT101 - Financial Accounting- Lecture 23
Virtual University
Course MGT101 - Financial Accounting
Lecture No 23
Instructor's Name: Mr. Mujahid Eshai
Course Email: mgt101@vu.edu.pk
Exercise 7-15 During October- Wichita Light Company experiences the fo.docx
Exercise 7-15
During October, Wichita Light Company experiences the following transactions in establishing a petty cash fund.
Journalize the entries in October that pertain to the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Oct. 1
Oct. 31
Exercise 7-15 During October, Wichita Light Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fund is established with a check for $150 issued to the petty cash custodian. 31 A check was written to reimburse the fund and increase the fund to $200. A count of the petty cash fund disclosed the following items: Currency $59.00 Coins 0.70 Expenditure receipts (vouchers): Supplies $26.10 Telephone, Internet, and fax 16.40 Postage 39.70 Freight-Out 6.80 Journalize the entries in October that pertain to the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Oct. 1
Solution
Oct1 Petty cash Dr 150
to bank 150
(being fund created)
Oct 31 Supplies Dr 26.10
Telephone, int.. Dr 16.40
Postage Dr 39.70
Freight Out Dr 6.80
Cash short & excess Dr 1.30
To petty cash 90.30
(being expenses during the month)
Petty cash Dr 140.30
To Bank 140.30
(being amount re-imbursed and increased)
.
Part 1 As part of your role as the controller for Lynbrook, Inc., yo.pdf
Part 1 As part of your role as the controller for Lynbrook, Inc., you are asked to prepare a
monthly bank reconciliation. The information you need to prepare the November 30, 2023, bank
reconciliation for Lynbrook are as follows: 1. The ledger account for Cash showed a balance on
November 30 of $8,285. 2. The November bank statement showed a closing balance of $5,380.
3. The cash received on November 30 amounted to $4,750. It was left at the bank in the night
depository chute after banking hours on November 30 and therefore was not recorded by the
bank in the November statement. 4. Also included with the November bank statement was a
debit memo from the bank for $25 representing service charges for November. 5. A credit memo
enclosed with the November bank statement indicated that a non-interest-bearing note receivable
for $5,000 from ScanHouse, Inc., left with the bank for collection, had been collected and the
proceeds credited to the account of Lynbrook, Inc. 6. Comparison of the paid checks returned by
the bank with the entries in the accounting records revealed that check no. 2560 for $850, issued
November 15 in payment for computer equipment, had been erroneously entered in Lynbrook's
records as $580. 7. Examination of the paid checks also revealed that three checks, all issued in
November, had not yet been paid by the bank: no. 2514 for $120; no. 2516 for $350; no. 2530
for $170. 8. Included with the November bank statement was a $3,500 check drawn by Joe
Biden, a customer of Lynbrook, Inc. This check was marked NSF. It had been included in the
deposit of November 27 but had been charged back to the company's account on November 30.
Instructions a. Prepare a bank reconciliation for Lynbrook, Inc., on November 30, 2023. b.
Prepare the journal entries (in general journal form) to update the appropriate accounts on
November 30. c. State the amount of cash that should be included in the balance sheet on
November 30. Part 2 As the controller of Lynbrook, Inc., you decided to create a petty cash fund
of $1,000 on October 1, 2023. Towards the end of October, the following cash receipts/vouchers
were in the petty cash box: travel expense $ 52 postage expense 97 (continued) delivery
expense 25 uber expense 75 meals and entertainment 278 In addition to the above cash
receipts/vouchers the petty cash box contained $478 in cash. Due to the high use of the petty
cash fund during October, it was determined that the petty cash fund should be increased to
$1,250 at the end of October. On October 31, Lynbrook made the decision to replenish the petty
cash fund and increase the balance to $1,250. Required: Prepare journal entries, in general
journal form, to record the following: a) Establishment of the fund on October 1 b)
Replenishment of the fund on October 31 to a balance of $1,250. Reminder: Continue using
proper Excel formulas to prepare your solutions. Upload Excel spreadsheet to Canvas by 11:59
pm on due date. Part 1 As part of your role as the c.
The following selected events and transactions were recorded by Milos.pdf
The following selected events and transactions were recorded by Milos County Hospital. 1.
Gross charges for hospital services, all charged to accounts and notes receivable, were as
follows: 2. The hospital cafeteria and gift shop had cash sales of $296 , 500 . 3. Additional
information determined subsequently to recording patient service revenues and relating to the
current year is as follows 4. A federal cost reimbursement research grant of $362 , 000 was
awarded. As of the end of the year, $320 , 000 in expenses related t the grant had been made. 5.
Vouchers totaling $1 , 354 , 140 were issued for the following items: 6. Collections of accounts
receivable totaled $1 , 171 , 000 . Accounts written off as uncollectible amounted to $13 , 100 .
7. Cash payments on vouchers payable (paid to employers and suppliers) during the year were $1
, 037 , 200 . 8. Supplies of $100 , 970 were issued to nursing services. 9. On December 31 ,
accrued interest income on investments was $2 , 000 . 0 . Depreciation of buildings and
equipment was as follows: 11. On December 31, closing entries were made in the general
journal. Required a-1. Prepare journal entries for each of the transactions in accordance with the
standards for a governmental health care entity that follows proprietary fund accounting. (If no
entry is required for a transaction/event, select "No Journal Entry Required" in the b. Prepare
journal entries to record the foregoing transactions, assuming the hospital is a business-type
government facility. (If no entry is required for a transaction/event, select "No Journal Entry
Required" in the first account field.) Journal entry worksheet B C D E F D > The hospital has a
contractual agreement with a lender requiring that $550 , 000 in cash be set aside to meet its
future debt payment. Note: Enter debits before credits..
Task 5 cash audit programme_v2
OPERATIONAL AUDITING TASK
Members:
Adanza, Andrea
Baje, Jewel AD
Boaquiña, Honeymay
Calagui, Mary Joy
Escopete, Debbie Jane
Bank Reconciliation Statement
Bank Reconciliation Statement. The Confusion in the Debit and Credit Stability.
The following are guidelines for a good mark- 1- The student needs to.pdf
The following are guidelines for a good mark. 1- The student needs to discuss important aspects
and the background of the case study. 2- The student needs to refer to the code provided at the
end of this document to compare and base it upon his argument. 3- The students make a
conclusion and recommendation. CASE STUDY 1 : Engineer A is in charge of a project to
install a new air conditioning system in order to save energy for his company buildings. A supply
manager from a well-known company learned about the company's intention to install the new
air-conditioning system and decided to invite Engineer A to dinner at a fancy restaurant to
discuss the project details. Discuss the ethical issues that might arise if Engineer A decided to
accept the invitation. [10 marks ] CASE 2 Engineer A, who is employed by a forensic
engineering firm, is called upon to serve as an expert witness in a lawsuit about the quality of
services provided by a manufacturer. Engineer B has the position of engineering manager at this
time. Engineer A testified at trial, based on his extensive background in safety engineering, that
the manufacturing company's safety policies were insufficient and likely led to the injuries
sustained by certain workers. Engineer B, several months later, made comments to the engineers
and others in which he accused Engineer A of acting unprofessionally and unethically, claiming
that Engineer A was biased because he had omitted key details from his testimony and instead
focused on circumstances that benefited his client. Engineer B did not provide any substantive
support for his claim that Engineer A has breached any of his professional duties. If Engineer A
testified as mentioned, is it unethical for Engineer B to comment without evidence that Engineer
A acted unprofessionally and unethically? [10 marks] Please use the ethics code provided on the
next page. Relevant codes Case 1 Section II.4.c. - NSPE. Code of Ethics: Engincers shall not
solicit or accept financial or other valuable consideration, directly or indirectly, from outside
agents in connection with the work for which they are responsible. Section III.2.a. - NSPE Code
of Ethics: Engineers shall seck opportunities to participate in civic affairs; career guidance for
youths; and work for the advancement of the safety, health and well-being of their community.
Section III.5.b. - NSPE Code of Ethics: Enginecrs shall not aceept commissions or allowances,
directly or indirectly, from contractors or other parties dealing with clients or cinployers of the
Enginect in connection with work for which the Engineer is responsible. Section III.9.e. - NSPE
Code of Ethics: Engineers shall continue their professional development throughout their cateers
and shodld kecp current in their specialty fields by engaging in professional practice,
participating in continuing education courves, reading in the technical literature and attending
professional meetings, and seminars Relevant codcs Case? III.8. .
The first plants to colonize land did not have proper roots yet- How w.pdf
The first plants to colonize land did not have proper roots yet. How were the first plants able to
obtain nutrients? Nutrients were plentiful when the first plants colonized land, roots were not
necessary. Plants had some primordial roots that functioned essentialiy the same as todays roots.
Fungi helped early plants obtain nutrients from soil similar to today's nycorrhizae. Plants kept
close connections to water, obtaining most of their nutrients from water. Plants obtain energy by
photosynthesis and do not need any other nutrient..
The flow of energy through ecosystems primarily focuses on the element.pdf
The flow of energy through ecosystems primarily focuses on the element __________.
nitrogen
oxygen
sulfur
carbon
lead.
The first step in assembling a project team is to talk to potential te.pdf
The first step in assembling a project team is to talk to potential team members. a. False b. True
The greatest project opportunity occurs when: a. The project is in the concept phase. b. The
project is in the development phase. c. The project is in the implementation phase. d. The project
is in the termination phase.
The Fintech case study describes the process Fintech followed in evalu (1).pdf
The Fintech case study describes the process Fintech followed in evaluating cloud service
providers. For your initial post this module evaluate and discuss the strengths and weaknesses of
Fintech's provider evaluation process. What useful steps were taken? Do you see any problems?
In your responses consider your classmate's findings, do you agree or disagree? Do they bring to
light any issues you overlooked?.
The Fintech case study describes the process Fintech followed in evalu.pdf
The Fintech case study describes the process Fintech followed in evaluating cloud service
providers. For your initial post this module evaluate and discuss the strengths and weaknesses of
Fintech's provider evaluation process. What useful steps were taken? Do you see any problems?
In your responses consider your classmate's findings, do you agree or disagree? Do they bring to
light any issues you overlooked?.
The expected retum on HLLo stock is 15-40 percent while the expected r.pdf
The expected retum on HLLo stock is 15.40 percent while the expected return on the market is
12.5 percent. The beta of Hilo is 1.51 . What is the risk-free rate of return? Multiple Choice
2.74% 8.32% 6.8 ts 290% 3.41%.
The exchange rate is 2 euros -$1- Now the exchange rate adjusts to 3 e.pdf
The exchange rate is 2 euros = $1 . Now the exchange rate adjusts to 3 euros = $1 . The dollar
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increase in the U.S. exports b. appreciated; a decrease in the U.S. exports c. depreciated; an
increase in the U.S. exports d. depreciated; a decrease in the U.S. exports.
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MGT101 - Financial Accounting- Lecture 23
Virtual University
Course MGT101 - Financial Accounting
Lecture No 23
Instructor's Name: Mr. Mujahid Eshai
Course Email: mgt101@vu.edu.pk
Exercise 7-15 During October- Wichita Light Company experiences the fo.docx
Exercise 7-15
During October, Wichita Light Company experiences the following transactions in establishing a petty cash fund.
Journalize the entries in October that pertain to the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Oct. 1
Oct. 31
Exercise 7-15 During October, Wichita Light Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fund is established with a check for $150 issued to the petty cash custodian. 31 A check was written to reimburse the fund and increase the fund to $200. A count of the petty cash fund disclosed the following items: Currency $59.00 Coins 0.70 Expenditure receipts (vouchers): Supplies $26.10 Telephone, Internet, and fax 16.40 Postage 39.70 Freight-Out 6.80 Journalize the entries in October that pertain to the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Oct. 1
Solution
Oct1 Petty cash Dr 150
to bank 150
(being fund created)
Oct 31 Supplies Dr 26.10
Telephone, int.. Dr 16.40
Postage Dr 39.70
Freight Out Dr 6.80
Cash short & excess Dr 1.30
To petty cash 90.30
(being expenses during the month)
Petty cash Dr 140.30
To Bank 140.30
(being amount re-imbursed and increased)
.
Part 1 As part of your role as the controller for Lynbrook, Inc., yo.pdf
Part 1 As part of your role as the controller for Lynbrook, Inc., you are asked to prepare a
monthly bank reconciliation. The information you need to prepare the November 30, 2023, bank
reconciliation for Lynbrook are as follows: 1. The ledger account for Cash showed a balance on
November 30 of $8,285. 2. The November bank statement showed a closing balance of $5,380.
3. The cash received on November 30 amounted to $4,750. It was left at the bank in the night
depository chute after banking hours on November 30 and therefore was not recorded by the
bank in the November statement. 4. Also included with the November bank statement was a
debit memo from the bank for $25 representing service charges for November. 5. A credit memo
enclosed with the November bank statement indicated that a non-interest-bearing note receivable
for $5,000 from ScanHouse, Inc., left with the bank for collection, had been collected and the
proceeds credited to the account of Lynbrook, Inc. 6. Comparison of the paid checks returned by
the bank with the entries in the accounting records revealed that check no. 2560 for $850, issued
November 15 in payment for computer equipment, had been erroneously entered in Lynbrook's
records as $580. 7. Examination of the paid checks also revealed that three checks, all issued in
November, had not yet been paid by the bank: no. 2514 for $120; no. 2516 for $350; no. 2530
for $170. 8. Included with the November bank statement was a $3,500 check drawn by Joe
Biden, a customer of Lynbrook, Inc. This check was marked NSF. It had been included in the
deposit of November 27 but had been charged back to the company's account on November 30.
Instructions a. Prepare a bank reconciliation for Lynbrook, Inc., on November 30, 2023. b.
Prepare the journal entries (in general journal form) to update the appropriate accounts on
November 30. c. State the amount of cash that should be included in the balance sheet on
November 30. Part 2 As the controller of Lynbrook, Inc., you decided to create a petty cash fund
of $1,000 on October 1, 2023. Towards the end of October, the following cash receipts/vouchers
were in the petty cash box: travel expense $ 52 postage expense 97 (continued) delivery
expense 25 uber expense 75 meals and entertainment 278 In addition to the above cash
receipts/vouchers the petty cash box contained $478 in cash. Due to the high use of the petty
cash fund during October, it was determined that the petty cash fund should be increased to
$1,250 at the end of October. On October 31, Lynbrook made the decision to replenish the petty
cash fund and increase the balance to $1,250. Required: Prepare journal entries, in general
journal form, to record the following: a) Establishment of the fund on October 1 b)
Replenishment of the fund on October 31 to a balance of $1,250. Reminder: Continue using
proper Excel formulas to prepare your solutions. Upload Excel spreadsheet to Canvas by 11:59
pm on due date. Part 1 As part of your role as the c.
The following selected events and transactions were recorded by Milos.pdf
The following selected events and transactions were recorded by Milos County Hospital. 1.
Gross charges for hospital services, all charged to accounts and notes receivable, were as
follows: 2. The hospital cafeteria and gift shop had cash sales of $296 , 500 . 3. Additional
information determined subsequently to recording patient service revenues and relating to the
current year is as follows 4. A federal cost reimbursement research grant of $362 , 000 was
awarded. As of the end of the year, $320 , 000 in expenses related t the grant had been made. 5.
Vouchers totaling $1 , 354 , 140 were issued for the following items: 6. Collections of accounts
receivable totaled $1 , 171 , 000 . Accounts written off as uncollectible amounted to $13 , 100 .
7. Cash payments on vouchers payable (paid to employers and suppliers) during the year were $1
, 037 , 200 . 8. Supplies of $100 , 970 were issued to nursing services. 9. On December 31 ,
accrued interest income on investments was $2 , 000 . 0 . Depreciation of buildings and
equipment was as follows: 11. On December 31, closing entries were made in the general
journal. Required a-1. Prepare journal entries for each of the transactions in accordance with the
standards for a governmental health care entity that follows proprietary fund accounting. (If no
entry is required for a transaction/event, select "No Journal Entry Required" in the b. Prepare
journal entries to record the foregoing transactions, assuming the hospital is a business-type
government facility. (If no entry is required for a transaction/event, select "No Journal Entry
Required" in the first account field.) Journal entry worksheet B C D E F D > The hospital has a
contractual agreement with a lender requiring that $550 , 000 in cash be set aside to meet its
future debt payment. Note: Enter debits before credits..
Task 5 cash audit programme_v2
OPERATIONAL AUDITING TASK
Members:
Adanza, Andrea
Baje, Jewel AD
Boaquiña, Honeymay
Calagui, Mary Joy
Escopete, Debbie Jane
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The following are guidelines for a good mark. 1- The student needs to discuss important aspects
and the background of the case study. 2- The student needs to refer to the code provided at the
end of this document to compare and base it upon his argument. 3- The students make a
conclusion and recommendation. CASE STUDY 1 : Engineer A is in charge of a project to
install a new air conditioning system in order to save energy for his company buildings. A supply
manager from a well-known company learned about the company's intention to install the new
air-conditioning system and decided to invite Engineer A to dinner at a fancy restaurant to
discuss the project details. Discuss the ethical issues that might arise if Engineer A decided to
accept the invitation. [10 marks ] CASE 2 Engineer A, who is employed by a forensic
engineering firm, is called upon to serve as an expert witness in a lawsuit about the quality of
services provided by a manufacturer. Engineer B has the position of engineering manager at this
time. Engineer A testified at trial, based on his extensive background in safety engineering, that
the manufacturing company's safety policies were insufficient and likely led to the injuries
sustained by certain workers. Engineer B, several months later, made comments to the engineers
and others in which he accused Engineer A of acting unprofessionally and unethically, claiming
that Engineer A was biased because he had omitted key details from his testimony and instead
focused on circumstances that benefited his client. Engineer B did not provide any substantive
support for his claim that Engineer A has breached any of his professional duties. If Engineer A
testified as mentioned, is it unethical for Engineer B to comment without evidence that Engineer
A acted unprofessionally and unethically? [10 marks] Please use the ethics code provided on the
next page. Relevant codes Case 1 Section II.4.c. - NSPE. Code of Ethics: Engincers shall not
solicit or accept financial or other valuable consideration, directly or indirectly, from outside
agents in connection with the work for which they are responsible. Section III.2.a. - NSPE Code
of Ethics: Engineers shall seck opportunities to participate in civic affairs; career guidance for
youths; and work for the advancement of the safety, health and well-being of their community.
Section III.5.b. - NSPE Code of Ethics: Enginecrs shall not aceept commissions or allowances,
directly or indirectly, from contractors or other parties dealing with clients or cinployers of the
Enginect in connection with work for which the Engineer is responsible. Section III.9.e. - NSPE
Code of Ethics: Engineers shall continue their professional development throughout their cateers
and shodld kecp current in their specialty fields by engaging in professional practice,
participating in continuing education courves, reading in the technical literature and attending
professional meetings, and seminars Relevant codcs Case? III.8. .
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necessary. Plants had some primordial roots that functioned essentialiy the same as todays roots.
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The flow of energy through ecosystems primarily focuses on the element __________.
nitrogen
oxygen
sulfur
carbon
lead.
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In your responses consider your classmate's findings, do you agree or disagree? Do they bring to
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2.74% 8.32% 6.8 ts 290% 3.41%.
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The expression sometimes represents the net potential energy (ENN) bet.pdf
The expression sometimes represents the net potential energy (ENN) between two adjacent ions
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- Under what circumstances would the frequency of action potentials along the
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- Under what circumstances would the frequency of action potentials along the parasympathetic
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The EnactusOC team was preparing to deliver their presentation to judges at the national
competition. They were worried about the following things impacting how their team performed
and was evaluated: presenting after a really strong team, having judges without experience or
interest in what their project was about (food waste), judging the team wholly on their video and
not their ability to answer questions, team members so over confident they were going to win
they did not adequately prepare, negative bias against members of EnactusOC who were older, a
concern judges would not think they deserved to win because there had never been a national
champion (including EnactusOC) from Western Canada, and competing teams who presented to
the judges that covid had negatively impacted their projects results and this information should
be taken into account when ranking their results.
1. Identify and describe four potential perceptual errors from the above scenario that could
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8 marks in total).
2. What are two strategies the judges can use to reduce the chance of these perceptual
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The development of peptic ulcer disease (PUD) is common among the work.pdf
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A-ase, B-ase, C-ase and D-ase are synthesized at a 100-fold higher rate than in the absence of
AL224 (which has a molecular weight of about 200). Which one of the following statements are
true and which are false? The 5 ' end of the messenger from this operon will correspond to the
right end of the operon as drawn. When RNA polymerase makes mRNA from this operon, it
begins RNA synthesis just to the left of gene A. All six genes (A, B, C, D, Operator, and
Promoter) will be transcribed into an mRNA that will then be translated into six different
proteins. Adding AL224 to the growth medium causes a repressor protein to be released from the
0 region. Adding AL224 to the growth medium causes a repressor protein to bind tightly to the 0
region. The mRNA copied from this operon will be covalently linked to a.
The developments in Eastern Europe (the war in Ukraine) increased vola.pdf
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these developments on financial markets and the implications on corporates and households in
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The death rate from Covid 19 in a certain country is 6% . What is the probability that at least 2
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