Exercise 4-44 Bank Reconciliation OBJECTIVE a
Johnson Corporaljon’s bank statement for October reports an ending balance of $22,38L
whereas Johnson’s cash account shows a balance of $22,025 on October 31. The following additional informaLion is available:
a. A $855 deposit made on October 31 was not recorded by the bank until November. SHII'IHE HEM be At the end of October, out standing checks total $1,222.
b. The bank statement shows bank service charges of$125 not yet recorded by the company.
c. The company erroneously recorded as $913 a check that it had actually written for $31. It was correctly processed by the bank.
d. A $480 check from a customer, deposited by the company on October 29, was returned with the bank statement for lack of funds.
Required:
1. Prepare the October bank reconciliation for Johnson Corporation.
2. What amount will be reported as cash on the October 31 balance sheet?
Financial & Managerial Accounting
Accounting Information Systems
Corporate Financial Accounting
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Probability and Statistics for Engineering and the Sciences
Principles of Economics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Principles of Macroeconomics (MindTap Course List)
Foundations of Business (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Essentials of Business Communication (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Financial And Managerial Accounting
Fundamentals of Information Systems
Principles of Information Security (MindTap Course List)
Database Systems: Design, Implementation, & Management
Fundamentals of Information Systems
Principles of Information Systems (MindTap Course List)
A Guide to SQL
Database Systems: Design, Implementation, & Management
Automotive Technology: A Systems Approach (MindTap Course List)
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
Principles of Information Systems (MindTap Course List)
Fundamentals of Geotechnical Engineering (MindTap Course List)
Mechanics of Materials (MindTap Course List)
Precision Machining Technology (MindTap Course List)
Management Of Information Security
Systems Analysis and Design (Shelly Cashman Series) (MindTap Course List)
EBK ELECTRICAL WIRING RESIDENTIAL
International Edition---engineering Mechanics: Statics, 4th Edition
Principles of Geotechnical Engineering (MindTap Course List)
Solid Waste Engineering
Fundamentals of Chemical Engineering Thermodynamics (MindTap Course List)
Electric Motor Control
Steel Design (Activate Learning with these NEW titles from Engineering!)
Automotive Technology
Enhanced Discovering Computers 2017 (Shelly Cashman Series) (MindTap Course List)
Network+ Guide to Networks (MindTap Course List)
Structural Analysis
Accounting (Text Only)
Managerial Accounting
Financial Accounting
Cornerstones of Cost Management (Cornerstones Series)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
College Accounting (Book Only): A Career Approach
Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Accounting Information Systems
Corporate Financial Accounting
College Accounting, Chapters 1-27
Managerial Accounting: The Cornerstone of Business Decision-Making
Intermediate Accounting: Reporting And Analysis
Financial & Managerial Accounting
Survey of Accounting (Accounting I)
College Accounting (Book Only): A Career Approach
Pkg Acc Infor Systems MS VISIO CD
Principles of Microeconomics
Economics For Today
MKTG 12:STUDENT ED.-TEXT
Principles of Macroeconomics (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
Contemporary Marketing
Practical Management Science
Micro Economics For Today
Understanding Management (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
Economics (MindTap Course List)
Management, Loose-Leaf Version
Essentials of Economics (MindTap Course List)
Purchasing and Supply Chain Management
Macroeconomics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Fundamentals of Financial Management (MindTap Course List)