From the bank statement on the next page and the items below, please (1) complete the bank

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From the bank statement on the next page and the items below, please (1) complete the bank reconciliation for Rick’s Deli of Regina found on the reverse of the bank statement and (2) journalize the appropriate entries as needed.

a. A deposit of $2,000 is in transit.

b. Rick’s Deli has an ending G/L cash balance of $5,600.

c. Cheques outstanding: No. 111, $600; No. 119, $1,200; No. 121, $330

d. Jim Rice’s cheque for $300 bounced because of lack of sufficient funds.

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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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Question Posted: Feb 23, 2016 06:01 AM

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From the bank statement on the next page and the items below, please (1) complete the bank

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College Accounting A Practical Approach

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