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At November 30, One Day Cleaners has available the following data concerning its PROBLEM 7A-2 Preparing a Bank Reconcll- þank checking account: 1 At November 30, cash per the bank statement was $37,758; per the accounting lation records, $42,500. 2 The cash receipts of $6,244 on November 30 were deposited on December 1 Included on the bank statement was a credit for $167 interest earned on this checking account during November. 4 Two checks were outstanding at November 30: no. 921 for $964 and no. 925 for $1,085. Enclosed with the bank statement were two debit memoranda for the following items: service charge for November, $14; and a $700 check of customer Tanya Miller, marked "NSF." a Prepare a bank reconciliation at November 30. b Prepare adjusting entrics (in general journal form) based on the bank reconcili- INSTRUCTIONS ation

At November 30, One Day Cleaners has available the following data concerning its PROBLEM 7A-2 Preparing a Bank Reconcll- þank checking account: 1 At November 30, cash per the bank statement was $37,758; per the accounting lation records, $42,500. 2 The cash receipts of $6,244 on November 30 were deposited on December 1 Included on the bank statement was a credit for $167 interest earned on this checking account during November. 4 Two checks were outstanding at November 30: no. 921 for $964 and no. 925 for $1,085. Enclosed with the bank statement were two debit memoranda for the following items: service charge for November, $14; and a $700 check of customer Tanya Miller, marked "NSF." a Prepare a bank reconciliation at November 30. b Prepare adjusting entrics (in general journal form) based on the bank reconcili- INSTRUCTIONS ation

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 1PB
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1 At November 30, cash per the bank statement was $37,758; per the accounting At November 30, One Day Cleaners has available the following data concerning its PROBLEM 7A-2 þank checking account: At November 30, cash per the bank statement was $37,758; per the accounti. records, $42,500. 2 The cash receipts of $6,244 on November 30 were 'deposited on December 1 Preparing a Bank Reconcll- lation 3 Included on the bank statement was a credit for $167 interest earned on thi. checking account during November. 4 Two checks were outstanding at November 30: no. 921 for $964 and no. 925 for $1,085. 5 Enclosed wvith the bank statement were two debit memoranda for the following items: service charge for November, $14; and a $700 check of customer Tanya Miller, marked "NSF." INSTRUCTIONS a Prepare a bank reconciliation at November 30. b Prepare adjusting entries (in general journal form) based on the bank reconcili- ation.
Transcribed Image Text:1 At November 30, cash per the bank statement was $37,758; per the accounting At November 30, One Day Cleaners has available the following data concerning its PROBLEM 7A-2 þank checking account: At November 30, cash per the bank statement was $37,758; per the accounti. records, $42,500. 2 The cash receipts of $6,244 on November 30 were 'deposited on December 1 Preparing a Bank Reconcll- lation 3 Included on the bank statement was a credit for $167 interest earned on thi. checking account during November. 4 Two checks were outstanding at November 30: no. 921 for $964 and no. 925 for $1,085. 5 Enclosed wvith the bank statement were two debit memoranda for the following items: service charge for November, $14; and a $700 check of customer Tanya Miller, marked "NSF." INSTRUCTIONS a Prepare a bank reconciliation at November 30. b Prepare adjusting entries (in general journal form) based on the bank reconcili- ation.
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