Given the following information for Carla Vista Company, prepare the adjusting entries needed for its April bank reconciliation: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Cash balance per books, 4/30 $19,300 Deposits in transit 2,650 Notes receivable collected by bank (including interest of $240) 9,800 Outstanding checks 6,600 NSF check from Sunland Company 9,560 Date Account Titles and Explanation Debit Credit April 30 (To record collection of note receivable and interest by the bank) April 30 (To record NSF check)
Given the following information for Carla Vista Company, prepare the adjusting entries needed for its April bank reconciliation: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Cash balance per books, 4/30 $19,300 Deposits in transit 2,650 Notes receivable collected by bank (including interest of $240) 9,800 Outstanding checks 6,600 NSF check from Sunland Company 9,560 Date Account Titles and Explanation Debit Credit April 30 (To record collection of note receivable and interest by the bank) April 30 (To record NSF check)
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 11EB: Using the following information, prepare a bank reconciliation. Bank balance: $12,565. Book...
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Question
Given the following information for Carla Vista Company, prepare the
| Cash balance per books, 4/30 | $19,300 | |
| Deposits in transit | 2,650 | |
| Notes receivable collected by bank (including interest of $240) | 9,800 | |
| Outstanding checks | 6,600 | |
| NSF check from Sunland Company | 9,560 |
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Date
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Account Titles and Explanation
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Debit
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Credit
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April 30
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(To record collection of note receivable and interest by the bank)
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April 30
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(To record NSF check)
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