Information needed to prepare a bank reconciliation for the DineFine Restaurant for November 30, 20X4, is presented below: a. Balance of cash per books on November 30, 20X4, is $1,252.86. b. Balance per bank statement on November 30, 20X4, is $1,192.96. c. The November 30 cash receipts of $382.50 were placed in the local bank's drop box at 9:00 P.M. on November 30. d. Bank services charges amounted to $14 for printing new checks. e. The outstanding checks at November 30 were #864, $232.50; # 868, $12.75; #869, $122.17. f. An NSF check in the amount of $25 was returned with the bank statement. g. Check #842 for $76 was erroneously recorded on the books at $67. h. A credit memo for $3.18 for interest earned was included with the bank statement.

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter5: Cash Control Systems
Section5.2: Bank Reconciliation
Problem 1OYO
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Information needed to prepare a bank reconciliation for the DineFine Restaurant for November 30,
20X4, is presented below:
a. Balance of cash per books on November 30, 20X4, is $1,252.86.
b. Balance per bank statement on November 30, 20X4, is $1,192.96.
c. The November 30 cash receipts of $382.50 were placed in the local bank's drop box at 9:00 P.M.
on November 30.
d. Bank services charges amounted to $14 for printing new checks.
e. The outstanding checks at November 30 were #864, $232.50; # 868, $12.75; #869, $122.17.
f. An NSF check in the amount of $25 was returned with the bank statement.
g. Check #842 for $76 was erroneously recorded on the books at $67.
h. A credit memo for $3.18 for interest earned was included with the bank statement.
Required:
Prepare a bank reconciliation for the restaurant for November 30, 20X4.
Transcribed Image Text:Information needed to prepare a bank reconciliation for the DineFine Restaurant for November 30, 20X4, is presented below: a. Balance of cash per books on November 30, 20X4, is $1,252.86. b. Balance per bank statement on November 30, 20X4, is $1,192.96. c. The November 30 cash receipts of $382.50 were placed in the local bank's drop box at 9:00 P.M. on November 30. d. Bank services charges amounted to $14 for printing new checks. e. The outstanding checks at November 30 were #864, $232.50; # 868, $12.75; #869, $122.17. f. An NSF check in the amount of $25 was returned with the bank statement. g. Check #842 for $76 was erroneously recorded on the books at $67. h. A credit memo for $3.18 for interest earned was included with the bank statement. Required: Prepare a bank reconciliation for the restaurant for November 30, 20X4.
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