Journal
Account Title and Explanation |
Debit |
Credit |
Bank fee | 30 | |
Cash | 30 |
Note : No entry is made for adjustment made to cash balance as per bank
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journalize the bank reconciliation. errors that you made on the journal entries books and the bank...
How would you do the general journal adjusting entries for this? Bank Reconciliation The bank portion of the bank reconciliation for Hilo Company at November 30 was as follows. It agreed with the cash balance per books. The cash records per books for December showed the following: Cash Receipts Journal Date Amount Hilo Company Bank Reconciliation November 30 Cash balance per bank Add: Deposits in transit $14,367.90 2.530.20 16,898.10 Less: Outstanding checks Ck # Ck Amount 3451 $2,260.40 - 3470...
prepare the bank reconciliation at March 31 and any journal entries required from the reconciliation. The bank portion of last month's bank reconciliation for Ivanhoe Ltd. at February 28 was as follows: IVANHOE LTD. Bank Reconciliation February 28 Cash balance per bank Add: Deposits in transit $17,834 3,129 20,963 Less: Outstanding cheques #3451 #3470 Reconciled cash balance $1,972 2,117 4,089 $16,874 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at...
Only need help with Question 2 Bank Reconciliation and Entries The cash account for Brentwood Bike Co. at May 1 indicated a balance of $14,600. During May, the total cash deposited was $73,740 and checks written totaled $68,470. The bank statement indicated a balance of $25,000 on May 31. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $11,130. b. A deposit of $9,070, representing receipts...
i need help preparing a bank reconciliation, journal entries and analysis. CHAPTER Internal Control and Cash Ish on August 31 • Che bog Problem 7-RA Preparing a bank reconciliation and recording adjustments to CHECK FIGURE: Adjusted book balance, 54.8715 er Company reconciled its bank and book statement balances of Cash on A que outstanding at that time for $6,220.00 and $893 for $1.485.65 The following information was available for the September 20, reconciliati From the September 30, 2020, bank statement...