1/ June's DIT + July's deposits in books = July's deposits in bank + July's DIT

920 + 15,750 = 15,600 + x ===> X =

2/ June's OC + July's checks in books = July's checks in bank + July's OC

680 + 17,200 = 16,400 + X ===> X =

3/ Aug's DIT + Sep's deposits in books = Sep's deposits in bank + Sep's DIT
X + 26,400 = 26,700 + 2,100 ===> X

4/ Aug's OC + Sep's checks in books = Sep's checks in bank + Sep's OC

X + 23,700 = 25,000 + 2,100 ===> X
DO NOT DO IT!
 Bank re
Bank balance:
Plus: DIT (undeposits)
Less: outstanding cheques:
No 62
No 183
No 284
No 862
No 863
No 864
Adjusted bank b/l =
 Bank reconciliation
18,380.00 Book balance: 21,877.72
3,795.51 Note collection by ban 185.00
ing cheques: Cash taken by Bret x?
- 140.75
- 180.00 Adjusted book b/l 21,018.72
- 253.25
- 190.71 X= 1,044.00
- 226.80
- 165.28 Adjusting entries:
21,018.72 1/ Dr Cash 185.00
Cr Note receivabl 185.00
2/ Dr Other receivable 1,044.00
Cr Cash 1,044.00
FCF:
Cash paid for dividends - 16,000
Cash receipts from issuing shares 13,800
Share dividend: trả cổ tức bằng cổ phiếu
2 types: small share dividends, large share dividends
SMALL SHARE DIVIDENDS:
Declaration: Dr RE (FV of shares) 11200
Cr Orinary share dividend distributabl 11200

Record date: list eligible shareholders

Payment date: Dr OSDD 11200

Cr SC 11200
CR SP 0

Dr RE/Cr OSDD 11200

Retained earnings Dr RE/Cr Cash 16000

250,000
16,000
11,200 X= net income?
77,200
300,000

Share cap - ordinary shares

130,000
11,200 Dr Cash 13,800
X? cash share issues Cr SC 13,800
13,800
155,000
 Link: https://www.amazon.com/Fundamental-Accounting-Principles-25th-John/dp/126024
EXCHANGE OF ASSETS Accounting, ACA, ICEAW

EU pov:
nciples-25th-John/dp/1260247988

Dr New assets 60,000

Dr AD - old assets 12,000
Cr Old assets 30,000
CR Cash 41,000
Cr Gain on disposals 1,000