Question

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] Del Gato Clinic's cash account shows a $12,912 debit balance and its bank statement shows $13,406 on deposit close of business on June 30 the a. Outstanding checks as of June 30 total $2,721 b. The June 30 bank statement lists a $60 bank service charge. c Check No. 919, listed with the canceled checks, was correctly drawn for $289 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 Cash in the amount of $298. d. The June 30 cash receipts of $2,176 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement.

Answer 1

		Debit	Credit
a	No journal entry required
b	Miscellaneous expense	60
	Cash		60
c	Cash	9		=298-289
	Utilities expense		9
d	No journal entry required