Make adjusting journal entries. 2. The deposits to the bank account, as recorded on the bank...
Complete Bank Reconciliation
2. The deposits to the bank account, as recorded on the bank statement, are compared to the deposit slips retained by the company. It is noted that the last deposit, of $760, occurred after banking hours on the day of the bank statement and therefore has not been recorded by the bank on this bank statement. 3. Checks returned with the bank statement are compared to the checks written and listed in checkbook. This comparison shows that...
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...
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....
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 $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...
Wright Company's cash account shows a $30,100 debit balance and its bank statement shows $28,400 on deposit at the close of business on May 31. The May 31 bank statement lists $230 in bank service charges; the company has not yet recorded the cost of these services. Outstanding checks as of May 31 total $6,900. May 31 cash receipts of $7,500 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank...
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 $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...
Prepare a June bank reconciliation for Savvy Company
Prepare the general journal entries to bring the company’s
book balance of cash onto conformity with the reconciles balance as
of June 30
12) The following information is avai lable for the Savvy Company for the month of June. ACHEo a. On June 30, after all transactions have been recorded, the balance in the company's Cash has a balance of $17,202. b. The company's bank statement shows a balance on June 30...
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...