新用戶掃碼下載
掃碼下載APP
及時(shí)接收最新考試資訊及
備考信息
2020年USCPA模擬題33：Financial
學(xué)習(xí)至重要的就是打好基礎(chǔ)，要想基礎(chǔ)打得好，就要做大量的習(xí)題。只有做題才能讓抽象的法條變得具象化、變得立體起來，所以正保會計(jì)網(wǎng)校貼心的為大家準(zhǔn)備了2020年USCPA模擬題33：Financial，小編相信，每天的勤奮練習(xí)，考過AICPA絕對不在話下！
Hilltop Co.'s monthly bank statement shows a balance of $54,200. Reconciliation of the statement with company books reveals the following information:
Check deposited by Hilltop and cleared by the bank for $125 but improperly recorded by Hilltop as $152
What is the net cash balance after the reconciliation?
A. $52,363
B. $53,023
C. $53,050
D. $53,077
Explanation
Choice "C" is correct. This fact pattern provided us with the balance per the bank statement of $54,200. There are only two reconciling items for the balance per the bank statement, ignoring bank errors, and these are deposits in transit and outstanding checks. Any other reconciling items, namely service charges, NSF checks, credit memos (customer collections via wire transfer), interest income, and errors made by the company are only reconciling items to the balance per the books or general ledger balance, and this balance was not provided here. Therefore, starting with the $54,200, the only two things we can do are to add the deposits in transit of $350 and subtract the outstanding checks of $1,500. This yields us a corrected or adjusted cash balance of $53,050.
Choices "A", "B", and "D" are incorrect. The bank service charge, NSF check, and recording error are only reconciling items to the book, or GL, balance, but the examiners did not provide us with this amount.
相關(guān)推薦：
禁足在家！AICPA考生：遠(yuǎn)程辦公第一天，你掉線了嗎？
What？究竟是哪些AICPA備考誤區(qū)讓同事鄰居慘背鍋！
正保會計(jì)網(wǎng)校擁有專業(yè)的U.S.CPA師資團(tuán)隊(duì)，不僅為學(xué)員提供專業(yè)針對性的指導(dǎo)課程，并為學(xué)員提供考前免費(fèi)預(yù)評估，選州報(bào)考，簽證指導(dǎo)，考位預(yù)約，補(bǔ)學(xué)分，執(zhí)照申請等一站式的專業(yè)考務(wù)服務(wù)！幫助學(xué)員無憂學(xué)習(xí)，高效備考！有意向報(bào)考的同學(xué)快快點(diǎn)擊下方“立即申請”按鈕，進(jìn)行免費(fèi)學(xué)歷評估，了解你是否滿足報(bào)考條件吧~
推薦閱讀
相關(guān)資訊
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號