Accounting Jr


Having Trouble Meeting Your Deadline?

Get your assignment on Accounting Jr  completed on time. avoid delay and – ORDER NOW

Need it back in 1 hour.

For this application assignment, you are going to complete a Bank Reconciliation. Bank reconciliations are a key component of cash and internal controls for an organization and a primary responsibility of the accounting department. The Appendix A for Chapter 6 reviews several cash related items, and bank reconciliations are covered on pages 6-39 to 6-41. In the attached Excel file I have provided the problem instructions on the first tab, the Bank Reconciliation and JE’s workpapers (to be completed by you) on the second tab, and a Quick Reference for bank reconciliations on the third tab that you might find useful in preparing the reconciliation.

1. Your assignment is to complete the Bank Reconciliation (part a) using the format provided in the text, Illustration 6A-1 on page 6-40. Then, you must complete the related journal entries for the reconciliation (part b). You will only be completing this one tab in the Excel workbook (the highlighted orange tab).

2. Once you have completed this tab, rename the workbook with the following format “last name.first name_App2_Ch6” and submit by the due date. This assignment is worth 25 points.

HELPFUL HINT: Remember that all journal entries will be an addition to or subtraction from the Cash account – so Cash will always be involved in each journal entry. Also remember the purpose of the journal entries is to take the beginning cash balance (before the reconciliation) and book the debits/credits necessary to make the ending cash balance on the ledger the same as the calculated ending cash balance. Do not combine different events into one journal entry.

Explanation & Answer

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

Similar Posts