$-118$

Crane Spa shows a general ledger balance for the Cash account of $$4,010\mathrm{.}85$ on June $30$ and the bank statement as of that date indicates a balance of $$4,160\mathrm{.}00.$ When the statement was compared with the cash records, the following facts were determined:

There were bank service charges for June of $$29\mathrm{.}00.$

A bank memo stated that John Williams's note for $$902\mathrm{.}00$ and interest of $$40\mathrm{.}00$ had been collected on June $29,$ and the bank had charged $$4\mathrm{.}50$ for the collection. Any interest revenue has not been accrued. Treat each of these items separately, but you should group any bank charges here with other bank charges in the question.

Deposits in transit June $30$ were $$2,896\mathrm{.}00.$

Cheques outstanding on June $30$ totaled $$2,132\mathrm{.}05.$

On June $29,$ the bank had charged Crane Spa's account for a customer's NSF cheque amounting to $$459\mathrm{.}20.$

A customer's cheque received as a payment on account of $$92\mathrm{.}00$ had been entered as $$62\mathrm{.}00$ in the cash receipts journal by Crane Spa on June $15.$

Cheque no$.742$ in the amount of $$493\mathrm{.}00$ had been entered in the books as $$439\mathrm{.}00,$ and cheque no$.747$ in the amount of $$54\mathrm{.}20$ had been entered as $$542\mathrm{.}00.$ Both cheques were issued as payments on account.

In May, the bank had charged a $$25\mathrm{.}50$ Wella Spa cheque against the Crane Spa account. The June bank statement indicated that the bank had reversed this charge and corrected its error.

$$54\mathrm{.}20$ had been entered as $$542\mathrm{.}00.$ Both cheques were issued as payments on account.

In May, the bank had charged a $$25\mathrm{.}50$ Wella Spa cheque against the Crane Spa account. The June bank stai that the bank had reversed this charge and corrected its error.

epare a bank reconciliation at June $30.($List items that increase balance as per bank & books first.$)$

Crane Spa

Bank Reconciliation

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Question Part Score

Prepare any journal entries that are needed to adjust the Cashpccount at June $30.($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 $0$ for the amounts. List all debit entries before credit entries.$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit,Credit,$],[$June $30,,,,],[,,,,]]$