Dogg Co bank reconciliation for May 2004
Not what you're looking for?
2. In preparing its May 31, 2004 bank reconciliation, Dogg Co. has the
following information available:
Balance per bank statement, 5/31/04 $27,000
Deposit in transit, 5/31/04 5,400
Outstanding checks, 5/31/04 4,900
Note collected by bank in May 1,250
The correct balance of cash at May 31, 2004 is
a. $32,400.
b. $26,250.
c. $27,500.
d. $28,750.
Purchase this Solution
Solution Summary
The solution presents the bank reconcilation for Dogg Co. plus information to explain the treatment of the note collected by the bank in May.
Solution Preview
Balance per bank $27,000
Add: deposit in transit 5,400
Less: outstanding check ...
Purchase this Solution
Free BrainMass Quizzes
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.