[The following information applies to the questions displayed below. Del Gato Clinic's cash account shows an $12.709 debit balance and its bank statement shows $12,011 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,115. b. The June 30 bank statement lists a $15 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $189 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 $198. d. The June 30 cash receipts of $2.807 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Prepare any necessary 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.) View transaction list Journal entry worksheet 1 2 3 4
[The following information applies to the questions displayed below. Del Gato Clinic's cash account shows an $12.709 debit balance and its bank statement shows $12,011 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,115. b. The June 30 bank statement lists a $15 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $189 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 $198. d. The June 30 cash receipts of $2.807 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Prepare any necessary 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.) View transaction list Journal entry worksheet 1 2 3 4
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 18E
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![[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $12.709 debit balance and its bank statement shows $12,011 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $2,115.
b. The June 30 bank statement lists a $15 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $189 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 $198.
d. The June 30 cash receipts of $2,807 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Prepare any necessary 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.)
View transaction list
Journal entry worksheet
1
2
3](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6c0b9e04-caeb-47f6-80bd-0ff49ab14dd7%2Fef2329b5-94ca-4489-89c0-1913b19d8dfd%2Fern78vv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $12.709 debit balance and its bank statement shows $12,011 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $2,115.
b. The June 30 bank statement lists a $15 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $189 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 $198.
d. The June 30 cash receipts of $2,807 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Prepare any necessary 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.)
View transaction list
Journal entry worksheet
1
2
3
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