On May 2, 2016, PHF Vacations received its April bank statement from First City Bank and Trust. Enclosed with the bank statement, which appears below, was a debit memorandum for $210 that covered an NSF check issued by Doris Fisher, a credit customer. The firm's checkbook contained the following information about deposits made and checks issued during April. The balance of the Cash account and the checkbook on April 30, 2016, was $3,012.

F I R S T C I T Y B A N K A N D T R U S T
PHF Vacations.......................................... 1-877-123-9876
1718 Jade Lane
San Diego, CA 92111-4998
Account Number: 23-11070-08........................April 1-30, 2016
Activity Summary:
Balance, April 1.................................................$ 6,099.00
Deposits and credits................................................ 850.00
Withdrawals and debits .......................................(4,370.00)
Balance, April 30................................................ $ 2,579.00

INSTRUCTIONS
1. Prepare a bank reconciliation statement for the firm as of April 30, 2016.
2. Record general journal entries for any items on the bank reconciliation statement that must be journalized. Date the entries April 30, 2016.
Analyze: What checks remain outstanding after the bank statement has been reconciled?

Transcribed Image Text:

DATE TRANSACTIONS S6,099 110 400 450 325 3,000 ApriBalance 1Check 120 3 Check 1208 5 Deposi 5 Check 1209 10 Check 1210 7 Check 1211 9 Deposit 22 Check 1212 23 Deposit 26 Check 1213 28 Check 1214 0Check 1215 30 Deposit 200 200 250 250 DATE DESCRIPTION DEPOSITSACREDITS WITHDRAWALSDEBITS BALANCE 4/1/16 4/6/16 4/6/16 4/10/16 4/10/16 4/13/16 4/14/16 4/20/16 4/22/16 4/25/16 4/26/16 4/29/16 4/29/16 Opening balance Deposit Check No. 1207 Check No. 1208 Check No. 1209 Check No. 1210 Service fee Deposit Check No. 1211 Deposit Check No. 1212 Debit for NSF Check Check No. 1213 Totals $6,099.00 6,549.00 6,439.00 6,039.00 5,714.00 2,714.00 2,707.00 2,907.00 2,847.00 3,047.00 3,039.00 2,829.00 2,579.00 450.00 110.00 400.00 325.00 3,000.00 7.00 200.00 60.00 200.00 8.00 210.00 250.00 4,370.00 850.00