1

2

Northwest Gift Shop, a retall business, started business on April 29, 20x1.It keeps a $300 change fund in its cash register. The cash receipts for the period from April 29 to April 30, 20X1, are shown below. DATE TRANSACTIONS April 29 Cash sales per the cash register tape, 51, 525 Cash count, 31,819. 30 Cash sales per the cash register tape, $1,435 Cash count, $1,737. Required: Record the cash receipts on April 29 and April 30, 20x1, in a general Journal View transaction list Cash sales per the cash register tape, $1,525. Cash count, $1,619. > 2 Cash sales per the cash register tape, $1,435. Cash count, $1,737. 3 1 Teng Corporation received a bank statement showing a balance of $15,000 as of October 31, 20X1. The firm's records showed a book balance of $14,508 on October 31. The difference between the two balances was caused by the following items 1. A debit memorandum for an NSF check from Richard Wolf for $430, 2. Three outstanding checks Check 7017 for $130. Check 7098 for $61. and Check 7107 for $1,620 3. A bank service charge of $26. 4. A deposit in transit of $863 Required: 1. Prepare the adjusted bank balance section and the adjusted book batance section of the bank reconciation statement. 2. Prepare the necessary foumal entries for the year 20X1. Complete this question by entering your answers in the tabs below. General Bank Rec Journal Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. TENG CORPORATION Bank Reconciliation Statement October 31, 201 Balance on bankstament Additions Prepare the adjusted bank balance section and the adjusted book balance sec TENG CORPORATION Bank Reconciliation Statement October 31, 20X1 Balance on bank statement Additions: $ 0 Deductions for outstanding checks: Total outstanding checks Adjusted bank balance 0 olo $ 0 Balance in books Deductions: Adjusted book balance O $ 0