Bank Reconciliation is a process of identifying the difference that exist between the company's bank balance as per bank statement supplied by bank and cash balance as per company's accounting records.
please help answer the last two (A&B) using the first two pics information provided. A C...
Problem 6-21B Bank reconciliation and adjustments to the cash account The following information is available for Pyle Garage for March Year 1: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage 629 Main Street Hazard, GA 30321 Account number 62-00062 March 31, Year1 Beginning balance V1/Year 1 Total deposits and other credits $15,000.00 7,000.00 Total checks and other debits 6,000.00 16,000.00 Ending balance 3/31/Year 1 Checks and Debits Deposits and Credits Amount $1,000.00 Check No. Amount...
Use the bank statement, general ledger account and prior month bank reconciliation on the first three pictures to prelare the current month bank reconiciliation. (pic 4) Make all necessary journal entries from the bank reconicilation ( see pic 5) Pictures included for the information needed and the templates for the answer 0 D A B C F G Н. Heartland Mutual Bank May 1 to May 31 Deposits & Checks and Debit Memos Credit Memos Balance Beginning Balance 8,645.15 1-May...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,095 Total deposits and other credits 30, 233 Total checks and other debits 25,231 Ending balance 3/31/Year 2 14,097 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,818 March 1 $1,162 1463 1,704 March...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage 629 Main Street HAZARD, GA 30321 Account number 62-00062 March 31, Year 2 Beginning balance 3/1/Year 2 $9,070 Total deposits and other credits 30,096 Total checks and other debits 25,024 Ending balance 3/31/Year 2 14,142 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $ 3,795 March 1 $ 1,140 1463 1,684...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,047 Total deposits and other credits 29,912 Total checks and other debits 24,758 Ending balance 3/31/Year 2 14,201 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,770 March 1 $1,113 1463 1,662 March 2...
Help The following information is available for Trinkle Company for the month of June: 1. The unadjusted balance per the bank statement on June 30 was $57,972. 2. Deposits in transit on June 30 were $2,005. 3. A debit memo was included with the bank statement for a service charge of $7. 4. A $4,240 check written in June had not been paid by the bank. 5. The bank statement included a $1100 credit memo for the collection of a...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,063 Total deposits and other credits 30,048 Total checks and other debits 24,959 Ending balance 3/31/Year 2 14,152 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,789 March 1 $1,131 1463 1,676 March 2...
The following information is available for Pyle Garage for March, Year 2: BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Garage Account number 629 Main Street 62-00062 HAZARD, GA 30321 March 31, Year 2 Beginning balance 3/1/Year 2 $9,063 Total deposits and other credits 30,048 Total checks and other debits 24,959 Ending balance 3/31/Year 2 14, 152 Checks and Debits Deposits and Credits Check No. Amount Date Amount 1462 $3,789 March 1 $1,131 1463 1,676 March...
The second two pictures are the questions I need help with. I started to fill in the first question but don't know if it is correct. Thanks! Problem 4-3A Prepare the bank reconciliation and record cash adjustments (L04-5) [The following information applies to the questions displayed below.) The cash records and bank statement for the month of May for Diaz Entertainment are shown below. DIAZ ENTERTAINMENT Cash Account Records May 1, 2018, to May 31, 2018 Cash Balance May 1,...
As you can see this is a 2 part question, not two separate questions. Required Information [The following information applies to the questions displayed below.] Part 1 of 2 The cash records and bank statement for the month of May for Diaz Entertainment are shown below. points DIAZ ENTERTAINMENT Cash Account Records May 1, 2021, to May 31, 2021 Cash Balance Cash Balance - May 31, 2021 $5,120 eBook May 1, 2821 + Cash Receipts $5,292 $11,990 Cash Receipts Date...