Question

WUOSIUM The October 31 bank statement of Wyndham Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather the following data (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare the bank reconciliation for Wyndham Healthcare at October 31, 2018 Wyndham Healthcare Bank Reconciliation October 31, 2018 Bank: Balance, October 31, 2018 ADD: Deposit in transit Correction of bank error 6,290 750 1,020 7,310 Choose from any list or enter any number in the input fields and then click Check Answer. A parts

Answer 1

Wyndham Health Care Bank Reconciliation October 31, 2018 Credit Journal Entries Date Accounts Title and Explaination October 31. Cash Accounts Receivable Debit $2,200.00 $2,200.00 $ 6,290.00 (To Record collection) Bank : Balance october 31, 2018 Add : Deposit in Transit Correction of Bank Error $ 270.00 $ 750.00 $ 900.00 $ 1,020.00 $ 7,310.00 October 31. Cash Dividend Revenue $ 900.00 (To Recrod dividend recd) $ 100.00 Less : Outstanding Checks Check no. 237 Check no. 288 Check no. 291 Check no. 294 Check no. 295 Check no. 296 Adjusted Bank Balance , October 31, 2018 $ 120.00 $ 140.00 $ 570.00 $ 570.00 $ 30.00 $ 110.00 October 31. Cash Interest Revenue $ 100.00 (To Recrod Interest recd) $ 1,540.00 $ 5,770.00 $ 550.00 October 31. Accounts Receivable Cash $ 550.00 $ 3,200.00 Books: Balance october 31, 2018 Add : EFT -Collection on amount Bank Collection of dividend revenue Interest Revenue on Bank Balance (To Record NSF checks) $2,200.00 $ 900.00 $ 100.00 $ 80.00 $ 3,200.00 $ 6,400.00 October 31. Miscellaneous expense Cash $ 80.00 Less : NSF Check - #1 NSF Check - #2 Bank Service Charge Adjusted Book Balance , October 31, 2018 $ $ $ 370.00 180.00 80.00 (To Record Bank Charges) $ 630.00 $5,770.00