ACC 557 Week 5 , Chapter 8 ( E8-3 , E8-5 , E8-14 , P8-7A ) FOR MORE CLASSES VISIT www . acc557tutor . com
the fund from $ 100 to $ 150.00 . ............ Prepare journal entries for LaSalle Company ............
E7-14 : Nayak Company has recorded the following items in its financial records . ............
The cash in bank is subject to a compensating balance of $ 5,000 . The highly liquid investments had maturities of 3 months or less when they were purchased . The stock investments will be sold in the next 6 to 12 months . The plant expansion project will begin in 3 years . What amount should Nayak report as ― Cash and cash equivalents ‖ on its balance sheet ? ............
P7-3A : On May 31 , 2014 , Terrell Company had a cash balance per books of $ 6,781.50 . The bank statement from Home Town State Bank on that date showed a balance of $ 6,804.60 . A comparison of the statement with the cash account revealed the following facts . ............
a ) Prepare the bank reconciliation at May 31 , 2014 . ............
b ) Prepare the necessary adjusting entries for Terrell Company at May 31 , 2014 ............
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ACC 557 Week 5 , Chapter 8 ( E8-3 , E8-5 , E8-14 , P8-7A ) FOR MORE CLASSES VISIT www . acc557tutor . com
ACC 557 Week 5 , Chapter 8 ( E8-3 , E8-5 , E8-14 , P8-7A )