ACCT301 Week 2 Homework – Problem # 4-22 on page 157 – Perfect Solution – Instant Delivery

Lab Price = $8
Please feel free to send us your queries at: support@iqrajavaid.com
Payment methods

Add to Cart

Buy Now

View Cart


Problem Statement

Problem # 4-22 on page 157 using Excel. Formulas are required.
Problem 4-22 Bank reconciliation and adjustments to the cash account
The following information is available for Sunset Valley Hotel for July 2014:

img1

The following is a list of checks and deposits recorded on the books of the Sunset Valley Hotel for July 2014:
img2

Other Information
1. Check no. 2350 was outstanding from June.
2. The credit memo was for collection of notes receivable.
3. All checks were paid at the correct amount.
4. The debit memo was for printed checks.
5. The June 30 bank reconciliation showed a deposit in transit of $1,102.
6. The unadjusted Cash account balance at July 31 was $13,200.

Required
a. Prepare the bank reconciliation for Sunset Valley Hotel at the end of July.
b. Explain how the adjustments described above affect the cash account

CHECK FIGURE
a.True Cash Balance,July 31,2014: $16,234

Relevant Material
Screenshots
Week 2: Preview
Week 2: Preview

Instructions
* If you want to purchase multiple products then click on “Buy Now” button which will give you ADD TO CART option.Please note that the payment is done through PayPal.
* You can also use 2CO option if you want to purchase through Credit Cards/Paypal but make sure you put the correct billing information otherwise you wont be able to receive any download link.
* Your paypal has to be pre-loaded in order to complete the purchase or otherwise please discuss it with us at support@iqrajavaid.com.
* As soon as the payment is received, download link of the solution will automatically be sent to the address used in selected payment method.
* Please check your junk mails as the download link email might go there and please be patient for the download link email. Sometimes, due to server congestion, you may receive download link with a delay.
* All the contents are compressed in one zip folder.
* In case if you get stuck at any point during the payment process, please immediately contact us at support@iqrajavaid.com and we will fix it with you.
* We try our best to reach back to you on immediate basis. However, please wait for atleast 8 hours for a response from our side. Afterall, we are humans.
* Comments/Feedbacks are truely welcomed and there might be some incentives for you for the next lab/quiz/assignment.
* In case of any query, please donot hesitate to contact us at support@iqrajavaid.com.
* MOST IMPORTANT Please use the tutorials as a guide and they need NOT to be used for any submission. Just take help from the material.
******************************************** Good Luck ***************************************************
Privacy Policy
We take your privacy seriously and will take all measures to protect your personal information.
Any personal information received will only be used to fill your order. We will not sell or redistribute your information to anyone.
Refund Policy
Incase you face any issues with the tutorial, please free to contact us on support@iqrajavaid.com
We will try our best to resolve the issue and if still persists we can discuss for a refund in case its required.
Payment Details
Lab Price = $8
Please feel free to send us your queries at: support@iqrajavaid.com

Payment methods

Add to Cart

Buy Now

View Cart

Leave a Reply