OBJECTNE
The items on the bank statement are correct. The debit memo is for the payment by the bank of
The cash records of Donald Corporation provide the following informaLion:
Problem 4-593 Bank Reconciliation
Donald Corporaiion received the bank statement shown below for the month of October:
Date Checks Deposits Balance
9130 Beg. balance 35 5.205
1012 $1,200 $2,950 6.955
1014 50 300 6.605
10.18 900 5.?05
10110 100 60 $35 5.510
1011 3 4,000 9 .5 10
10114 300* 9 .2 10
10.117 525 325 8.360
10119 105 430 20 2,850 10.655
10121 3,110 1.545
10123 65 1.480
10125 250” 110 1.120
10127 90 7.030
10131 25* “ 1.305 5.100
‘NSF check
“Debit mama (Rent Expense)
&*#x201C;Sandrine charge
Date Item Debit Credit Balance
1011 Balance from 9130 $ 6.905
1012 Check #1908 $ 300 6.605
1015 Check #1909 900 5.705
1016 Check #1910 100 5.605
1016 Check #1911 60 5.545
1011 Check #1912 35 5.510
10112 Deposit #411 $4.000 9.510
10115 Check #1913 525 8.985
10116 Check #1914 325 8.660
10111 Check #1915 430 8.230
10111 Check #1916 20 8.210
10118 Deposit#412 2.850 11,060
10118 Check #1911 105 10,955
10120 Check #1918 65 10,890
10120 Check #1919 3.110 T380
10123 Check #1920 110 7.670
10125 Check #1921 90 T580
10129 Check #1922 1.350 6.230
10130 Check #1923 250 5.980
10131 Check #1924 650 5.330
10131 Deposit #413 3.300 8.630
Donald’s office furniture rent expense for October.
Required:
1. Prepare a bank reconciliation. (Him: There is one transposition error in the cash account.)
2. Prepare adjusting entries based on the bank reconciliation.
3. What amount is reported for cash in bank on the balance sheet at October 31‘?
Corporate Financial Accounting
Financial & Managerial Accounting
Accounting Information Systems
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Probability and Statistics for Engineering and the Sciences
Principles of Economics (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Brief Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Foundations of Business (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Principles of Macroeconomics (MindTap Course List)
Financial And Managerial Accounting
A Guide to SQL
Database Systems: Design, Implementation, & Management
Database Systems: Design, Implementation, & Management
Fundamentals of Information Systems
Principles of Information Security (MindTap Course List)
Fundamentals of Information Systems
Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
Automotive Technology: A Systems Approach (MindTap Course List)
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
Mechanics of Materials (MindTap Course List)
Precision Machining Technology (MindTap Course List)
Fundamentals of Geotechnical Engineering (MindTap Course List)
Management Of Information Security
Systems Analysis and Design (Shelly Cashman Series) (MindTap Course List)
Principles of Geotechnical Engineering (MindTap Course List)
EBK ELECTRICAL WIRING RESIDENTIAL
International Edition---engineering Mechanics: Statics, 4th Edition
Fundamentals of Chemical Engineering Thermodynamics (MindTap Course List)
Solid Waste Engineering
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
Intermediate Accounting: Reporting And Analysis
Financial Accounting
Accounting (Text Only)
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Cornerstones of Cost Management (Cornerstones Series)
College Accounting, Chapters 1-27
Managerial Accounting: The Cornerstone of Business Decision-Making
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Accounting Information Systems
Survey of Accounting (Accounting I)
Corporate Financial Accounting
Managerial Accounting
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Financial & Managerial Accounting
Financial Accounting
Understanding Management (MindTap Course List)
Management, Loose-Leaf Version
Macroeconomics
Essentials of Economics (MindTap Course List)
Purchasing and Supply Chain Management
MKTG 12:STUDENT ED.-TEXT
Macroeconomics: Private and Public Choice (MindTap Course List)
Principles of Microeconomics
Economics: Private and Public Choice (MindTap Course List)
Contemporary Marketing
Exploring Economics
Practical Management Science
Fundamentals of Financial Management (MindTap Course List)
Micro Economics For Today
MACROECONOMICS FOR TODAY
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)
Principles of Macroeconomics (MindTap Course List)
Pkg Acc Infor Systems MS VISIO CD
Economics (MindTap Course List)