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Prepare a bank reconciliation for the month of July. Prepare the necessary journal entries at the end of July to adjust the general ledger cash account.

By EzekielPosted on October 13, 2021Posted in AccountingTagged assignmenthelp, collegeessays, General ledger cash account., Harrison Company, journal entries

Harrison Company maintains a checking account at the First National City Bank. The bank provides a bank statement along with canceled checks on the last day of each month. The July 2021 bank statement included the following information: Balance, July 1, 2021 $ 55,678 Deposits 179,500 Checks processed (192,610 ) Service charges (30 ) NSF […]

Prepare the journal entries for the Sheridan Company transactions shown above.

By KennedyPosted on December 11, 2020Posted in AccountingTagged assignmenthelp, collegeessays, essayhelp, journal entries

1,Sheridan Company had these transactions during the current period. June 12 Issued 87,500 shares of $1 par value common stock for cash of $328,125. July 11 Issued 3,200 shares of $105 par value preferred stock for cash at $109 per share. Nov. 28 Purchased 2,050 shares of treasury stock for $8,900. Prepare the journal entries for the Sheridan Company transactions shown above. (Record journal entries in the order […]