Bank statement, chart of accounts

Related BrainMass Solutions

• Accounting problems

  Reconciling items include outstanding checks totaling $8,000, deposits in transit totaling $4,000, unrecorded bank service charges of $1,000, and interest revenue shown on the bank statement of $2,000.

• Omega Cleaning: Create a chart of accounts, journal entries

  See chart of accounts attached in Excel.

• Review Intuit's Quickbooks bookkeeping software.

  There is a chart of accounts provided on established business types and it is easy to add such accounts. It also does bank reconciliations with input from bank statements.

• Prudent investing, equity capital choices, basic accounting

  A chart of accounts is a list of all accounts tracked by a single accounting system, and should be designed to capture financial information to make good financial decisions.

• Oracle setup

  the plans Cash Flow Access the Statement of Cash Flows Activity form Identify code for activity that is required in the statement of Cash Flow Report.

• Various Quickbooks and accounting related questions

  A) Bank service charge B) Interest received on the bank account 71.On what menu do you find the chart of accounts?

• Chart of accounts, trial balance, adjusting entries

  Another important thing to keep in mind is that all balance sheet and income statement accounts must be present in the chart of accounts.

• Internal Control

  of checks Files checks in numerical sequence Routes bank statement to Accounts Payable Accounts Payable Reconciles bank statement a.

• Panaka Company Financials

  However, the question never mentions any bank transaction or bank account.
  
  Still, this is an excellent question for learning final accounts and making journal entries. Wish you best of luck and do well!