Survey of Accounting: Unit 6 Homework (E5-13, E5-18)

Survey of Accounting 
Unit 6 Homework (E5-13, E5-18) 

E5-13 Recording cash sales; cash over 
The actual cash received from cash sales was $11,279, and the amount indicated by the cash register total was $11,256. 
a. What is the amount deposited in the bank for the day's sales? 
b. What is amount recorded for the day's sales? 
c. How should the difference be recorded? 
d. If a cashier is consistently over or short, what action should be taken? 

E5-18 Bank Reconciliation 
The following data were accumulated for use in reconciling the bank account of Commander Co. for March: 
a. Cash balance according to the company's records at March 31, $13,065. 
b. Cash balance according to the bank statement at March 31, $12,750. 
c. Checks outstanding, $4,170. 
d. Deposit in transit, not recorded by bank, $5,100. 
e. A check for $180 in payment of an account was erroneously recorded in the check register as $810. 
f. Bank debit memo for service charges, $15.
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