E8-21 Preparing a bank reconciliation Hardy Photography's checkbook lists the following: Deposit Balance > Pr Check 137 $ 500 Item P Date Check No. 455 $ 45 Nov. 1 622 $ 135 Quick Mailing 4. 505 Service Revenue 85 6. 13 623J Photo Supplies 45 Utilities 14 624 Cash 18 625 110 26 626 Office Supplies 10 1,245 627 Upstate Realty Co. 28 1,235 Service Revenue Hardy's November bank statement shows the following: $ 500 Balance Deposits 135 Checks: No. Amount 622 $ 45 623 85 624 105* 625 (285) Other charges: Printed checks 23 Service charge Balance 25 (48) $4302 *This is the correct amount for check number 624. Requirements 1. Prepare Hardy Photography's bank reconciliation at November 30, 2018. 2. How much cash does Hardy actually have on November 30, 2018? 3. Journalize any transactions required from the bank reconciliation. :1:

E8-21 Preparing a bank reconciliation Hardy Photography's checkbook lists the following: Deposit Balance > Pr Check 137 $ 500 Item P Date Check No. 455 $ 45 Nov. 1 622 $ 135 Quick Mailing 4. 505 Service Revenue 85 6. 13 623J Photo Supplies 45 Utilities 14 624 Cash 18 625 110 26 626 Office Supplies 10 1,245 627 Upstate Realty Co. 28 1,235 Service Revenue Hardy's November bank statement shows the following: $ 500 Balance Deposits 135 Checks: No. Amount 622 $ 45 623 85 624 105* 625 (285) Other charges: Printed checks 23 Service charge Balance 25 (48) $4302 *This is the correct amount for check number 624. Requirements 1. Prepare Hardy Photography's bank reconciliation at November 30, 2018. 2. How much cash does Hardy actually have on November 30, 2018? 3. Journalize any transactions required from the bank reconciliation. :1:

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter5: Cash Control Systems

Section5.2: Bank Reconciliation

Problem 1OYO

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