Required information Use the following information for the Exercises 12-13 below. (Algo) [The following information applies to the questions displayed below] Del Gato Clinic's cash account shows an $15,785 debit balance and its bank statement shows $16,016 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,658 b. The June 30 bank statement lists a $20 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payhent of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $598 d. The June 30 cash receipts of $2,416 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement
Required information Use the following information for the Exercises 12-13 below. (Algo) [The following information applies to the questions displayed below] Del Gato Clinic's cash account shows an $15,785 debit balance and its bank statement shows $16,016 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,658 b. The June 30 bank statement lists a $20 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payhent of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $598 d. The June 30 cash receipts of $2,416 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement
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 1PA
Related questions
Question
100%
Rr.6.1
![-es
Required information
Use the following information for the Exercises 12-13 below. (Algo)
[The following information applies to the questions displayed below]
Del Gato Clinic's cash account shows an $15,785 debit balance and its bank statement shows $16,016 on deposit at
the close of business on June 30.
a. Outstanding checks as of June 30 total $2,658
b. The June 30 bank statement lists a $20 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payment of a utility bill on June
15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of
$598
d. The June 30 cash receipts of $2,416 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Required information
Record the adjusting entry related to outstanding checks, if necessary.
Note: Enter debits before credits.
Transaction
Record entry
General Journal
Clear entry
Debit
Credit
View general journal](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F409f1718-8313-4672-9aca-08f9df25f737%2Fb5fdbd1b-fc3e-4051-a30b-635a958fb088%2Fduskuw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:-es
Required information
Use the following information for the Exercises 12-13 below. (Algo)
[The following information applies to the questions displayed below]
Del Gato Clinic's cash account shows an $15,785 debit balance and its bank statement shows $16,016 on deposit at
the close of business on June 30.
a. Outstanding checks as of June 30 total $2,658
b. The June 30 bank statement lists a $20 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payment of a utility bill on June
15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of
$598
d. The June 30 cash receipts of $2,416 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Required information
Record the adjusting entry related to outstanding checks, if necessary.
Note: Enter debits before credits.
Transaction
Record entry
General Journal
Clear entry
Debit
Credit
View general journal
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