[The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Date Checks Deposits Other Balance Dec. 1 $ 45,600 6 $ 7,600 38,000 11 530 $ 27,000 64,470 17 12,900 51,570 23 35,000 86,570 26 530 86,040 30 17,800 18,000 NSF* $ 280 85,960 31 Interest earned 60 86,020 31 Service charge 130 85,890 * NSF check from J. Left, a customer. Cash (A) Dec. 1 Balance 45,600 Deposits Checks written during December: Dec. 11 27,000 7,600 23 35,000 530 30 18,000 12,900 31 12,000 530 130 17,800 4,500 Dec. 31 Balance 93,610 There were no deposits in transit or outstanding checks at November 30. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? If the company also has $280 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet?How would i answer the followin gquestions??

[The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Date Checks Deposits Other Balance Dec....

[The following information applies to the questions displayed below.]

The December bank statement and cash T-account for Stewart Company follow:

^*
NSF check from J. Left, a customer.

Cash (A)
Dec. 1	Balance	45,600
Deposits			Checks written during December:
Dec. 11		27,000		7,600
23		35,000		530
30		18,000		12,900
31		12,000		530
				130
				17,800
				4,500
Dec. 31	Balance	93,610

There were no deposits in transit or outstanding checks at November 30.

After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

If the company also has $280 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the December 31 balance sheet?

How would i answer the followin gquestions??

Jun 01, 2022