Nolan Company's cash account shows a $22,352 debit balance and its bank statement shows $21,332 on deposit at the close of business on June 30.
a. Outstanding checks as of June 30 total $3,713.
b. The June 30 bank statement lists $41 in bank service charges; the company has not yet recorded the cost of these services.
c. In reviewing the bank statement, a $90 check written by the company was mistakenly recorded in the company's books as $99. d. June 30 cash receipts of $4,724 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement.
e. The bank statement included a $23 credit for interest earned on the company's cash in the bank. The company has not yet recorded interest earned.
Prepare a bank reconciliation using the above information.
Nolan Company's cash account shows a $22,352 debit balance and its bank statement shows $21,332 on deposit at the close of business on June 30.
Nolan Company's cash account shows a $20,917 debit balance and its bank statement shows $21,645 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,741. b. The June 30 bank statement lists $26 in bank service charges; the company has not yet recorded the cost of these services. c. In reviewing the bank statement, a $20 check written by the company was mistakenly recorded in the company's books as $29. d....
Nolan Company's cash account shows a $26,426 debit balance and its bank statement shows $25,694 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,907. b. The June 30 bank statement lists $32 in bank service charges; the company has not yet recorded the cost of these services. c. In reviewing the bank statement, a $80 check written by the company was mistakenly recorded in the company's books as $89. d. June 30 cash receipts...
Nolan Company's cash account shows a $22,906 debit balance and its bank statement shows $21,905 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,068. b. The June 30 bank statement lists $40 in bank service charges; the company has not yet recorded the cost of these services. c. In reviewing the bank statement, a $90 check written by the company was mistakenly recorded in the company's books as $99. d. June 30 cash receipts...
Nolan Company's cash account shows a $29,748 debit balance and its bank statement shows $29,761 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,090. b. The June 30 bank statement lists $40 in bank service charges; the company has not yet recorded the cost of these services. c. In reviewing the bank statement, a $70 check written by the company was mistakenly recorded in the company's books as $79. d....
Wright Company's cash account shows a $29,500 debit balance and its bank statement shows $27,800 on deposit at the close of business on May 31. a. The May 31 bank statement lists $200 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,600. c. May 31 cash receipts of $7,200 were placed in the bank's night depository after banking hours and were not recorded on the May 31...
Del Gato Clinic's cash account shows a $12,821 debit balance and its bank statement shows $11,950 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,503. b. The June 30 bank statement lists a $80 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $789 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and...
Del Gato Clinic's cash account shows a $14,675 debit balance and its bank statement shows $15,065 on deposit at the close of business on June 30.Outstanding checks as of June 30 total $2,986.The June 30 bank statement lists a $80 bank service charge.Check No. 919, listed with the canceled checks, was correctly drawn for $389 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to...
Organic Food Co.'s cash account shows a $6,200 debit balance and its bank statement shows $5,650 on deposit at the close of business on August 31. a. August 31 cash receipts of $1,940 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a $190 NSF check from a customer, the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $1,820. d....
Organic Food Co.'s cash account shows a $6,900 debit balance and its bank statement shows $6,140 on deposit at the close of business on August 31. a. August 31 cash receipts of $2,640 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a $260 NSF check from a customer; the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $2,520. d....
Wright Company's cash account shows a $28,500 debit balance and its bank statement shows $26,800 on deposit at the close of business on May 31. a. The May 31 bank statement lists $150 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,100. c. May 31 cash receipts of $6,700 were placed in the bank's night depository after banking hours and were not recorded on the...