[The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $15,804 debit balance and its bank statement shows $15,859 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,407. b. The June 30 bank statement lists a $45 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 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 $398. d. The June 30 cash receipts of $2,316 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Exercise 6-13 (Algo) Adjusting entries from bank reconciliation LO P3 Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) X Answer is not complete. No Transaction General Journal Debit Credit 2 b. Collection expense 45 O Cash 45 O 3 C. Cash 9 Utilities expense 9

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 5PA
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Available Options Are: Accounts Payable, Accounts Receivable, Advertising Expense, Cash, Cash Short And Over, Collection Expense, Computer Equiptment, Delivery Expense, Discounts Lost, Intrest Earned, Janitorial Expenses, Merchandise Inventory, Mileage Expense, Micellaneous Expenses, Note Receivable, Office Supplies, Petty Cash, Postage Expense, Printing Expense, Rent Expense, Repairs Expense - Computer, Utilities Expense.

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 $15,804 debit balance and its bank statement shows $15,859 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $2,407.
b. The June 30 bank statement lists a $45 bank service charge.
c. Check No.919, listed with the canceled checks, was correctly drawn for $389 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 $398.
d. The June 30 cash receipts of $2,316 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Exercise 6-13 (Algo) Adjusting entries from bank reconciliation LO P3
Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. (If no entry is
required for a transaction/event, select "No journal entry required" in the first account field.)
X Answer is not complete.
No
Transaction
General Journal
Debit
Credit
2
b.
Collection expense
45
Cash
45
3
C.
Cash
Utilities expense
Transcribed Image Text: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 $15,804 debit balance and its bank statement shows $15,859 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,407. b. The June 30 bank statement lists a $45 bank service charge. c. Check No.919, listed with the canceled checks, was correctly drawn for $389 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 $398. d. The June 30 cash receipts of $2,316 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Exercise 6-13 (Algo) Adjusting entries from bank reconciliation LO P3 Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) X Answer is not complete. No Transaction General Journal Debit Credit 2 b. Collection expense 45 Cash 45 3 C. Cash Utilities expense
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