Solution :
Del Gato Clinic | |||
Bank Reconciliation - June 30, 2017 | |||
Bank's Cash balance | Company's cash balance | ||
Particulars | Amount | Particulars | Amount |
Ending balance as per Bank Statements | $10,555.00 | Ending Balance as per cash books | $11,589.00 |
Additions: | Additions: | ||
Outstanding cash receipt | $2,856.00 | Incorrect recording of check 919 | $9.00 |
Deductions: | Deductions: | ||
Outstanding Checks | $1,829.00 | Service Charge | $16.00 |
Up to date cash balance as per bank | $11,582.00 | Up to date cash balance as per books | $11,582.00 |
Solution 2:
Journal Entries - Del Gato Clinic | |||
Date | Particulars | Debit | Credit |
a | No Journal Entry Required | ||
b | Miscellenous Expenses Dr | $16.00 | |
To Cash | $16.00 | ||
(Being service charges debited by bank) | |||
c | Cash Dr | $9.00 | |
To Utilities Expense | $9.00 | ||
(To record correction entry for check no 919) | |||
d | No Journal Entry Required |
need the adjusting journal kes all cash pay $11,589 debit bal. deposit in the bank. Prepare...
Del Gato Clinic's cash account shows a $11,589 debit balance and its bank statement shows $10,555 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,829. b. The June 30 bank statement lists a $16 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and...
Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.] Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, 2017, its Cash account shows an $11,589 debit balance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank. a. Outstanding checks as of June 30 total...
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...
Del Gato Clinic's cash account shows a $14,455 debit balance and its bank statement shows $13,553 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,468. b. The June 30 bank statement lists a $45 bank service charge. c. 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...
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 $14,164 debit balance and its bank statement shows $13,947 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $1,988. The June 30 bank statement lists a $35 bank service charge. 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 $16,181 debit balance and its bank statement shows $15.537 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2.330. b. The June 30 bank statement lists a $35 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...
The following intormation applies to the questions displayed below. Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, 2017, its Cash account shows an $14,042 debit balance. Del Gato Clinic's June 30 bank statement shows $13.916 on deposit in the bank. a. Outstanding checks as of June 30 total $2.913. b. The June 30 bank statement lists a $45...
The following information applies to the questions displayed below.] Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, 2017, its Cash account shows an $16,731 debit balance. Del Gato Clinic's June 30 bank statement shows $16,482 on deposit in the bank. a. Outstanding checks as of June 30 total $2,555 b. The June 30 bank statement lists a $65...
Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, its Cash account shows an $13,529 debit balance. Del Gato Clinic's June 30 bank statement shows $13,934 on deposit in the bank. a. Outstanding checks as of June 30 total $2,970. b. The June 30 bank statement lists a $80 bank service charge. c. Check No. 919, listed with the...