Question

Use the following information for the Exercises below. [The following information applies to the questions displayed below] D
Journal entry worksheet < 1 2 3 4 > Record the adjusting entry related to outstanding checks, if necessary. Note: Enter debit


Prepare its bank reconciliation using the above information. DEL GATO CLINIC Bank Reconciliation June 30 Book balance Bank st
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Answer #1

Adusting Entries

1. No Entry Required

2.

Debit   Credit  
Bank Serivce Charge   $                 65.00
Cash $                   65.00

3

Debit   Credit  
Cash $                   9.00
Utility Expense   $                     9.00

4. No entry required

DEL GATO CLINIC
Bank Reconciliation
Jun-30
Bank statement balance $                11,989 Book balance $         13,015
Add: Add:
Deposit of June 30 $                 2,386 Error on Check No. 919 $                         9
( $ 298 (-) $ 289 )
$                   2,386 $                    9
$                14,375 $         13,024
Deduct: Deduct:
Outstanding checks $                 1,416 Bank service charge $                       65
$                   1,416 $                  65
Adjusted bank balance $                12,959 Adjusted book balance $         12,959
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