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Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank Cash Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books $3,340.34 560.16 29.09 $3,871.41 $3,829.69 620.12 720.02 $3,929.59 47

Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank Cash Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books $3,340.34 560.16 29.09 $3,871.41 $3,829.69 620.12 720.02 $3,929.59 47

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter7: Internal Control And Cash
Section: Chapter Questions
Problem 21E
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Subject: acounting 

Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.) Show Transcribed Text Date Jan, 31 Daniel Jackson Bank Reconciliation G Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries) Account Titles J Debit Credit
Transcribed Image Text:Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.) Show Transcribed Text Date Jan, 31 Daniel Jackson Bank Reconciliation G Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries) Account Titles J Debit Credit
Daniel Jackson is unable to reconcile the bank balance at January 31. Daniel's reconciliation is as follows. Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank Cash Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books $3,340.34 560.16 29.09 $3,871.41 $3,829.69 620.12 720.02 $3,929.59 4
Transcribed Image Text:Daniel Jackson is unable to reconcile the bank balance at January 31. Daniel's reconciliation is as follows. Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank Cash Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books $3,340.34 560.16 29.09 $3,871.41 $3,829.69 620.12 720.02 $3,929.59 4
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