College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending balance of $2,525. The following information is discovered by (1) comparing last month’s deposits in transit and outstanding checks with this month’s bank statement, (2) comparing deposits and checks written per books and per bank in the current month, and (3) noting service charges and other debit and credit memos shown on the bank statement.
Deposits in transit: 11/29 $125
  11/30 200
Outstanding checks: No. 322 17
  No. 324 105
  No. 327 54
Unrecorded ATM withdrawal:*   100
Bank service charge:   25
NSF check:   185
 
Error on Check No. 321 Checkbook shows it was for $64, but it was actually written for $44. Accounts Payable was debited.
 
*Funds were withdrawn by Susan Kyri for personal use.
 
 
Kyri Enterprises
Bank Reconciliation
November 30, 20--
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Bank statement balance, November 30
 
 
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Adjusted bank balance
 
 
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Book balance, November 30
 
 
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Adjusted book balance
 
 

 

 

 

PAGE 1
 
GENERAL JOURNAL
 
  DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT
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