#1 (i have it half answered. the other half i dont.)

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The bank portion of the bank reconciliation for Bonita Company at November 30, 2020, was as follow Bonita COMPANY Bank Reconciliation November 30, 2020 Cash balance per bank $ 14.577.90 Add: Deposits in transit 2.530.20 17.108.10 Less: Outstanding checks Check Number Check Amount 3451 $ 2.260.40 3470 720.10 3471 844.50 3472 1.426.80 3474 1.051.30 6.303.10 Adjusted cash balance per bank $ 10.805.00 The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. Bank Statement Checks Deposits Bank Statement Checks Deposits Date Number Amount Date Amount 12-1 3451 $ 2.260.40 12-1 $ 2,530.20 12-2 3471 844.50 12-4 1.211.60 12-7 3472 1.426.80 12-8 2.365.10 12-4 3475 1,640.70 12-16 2.672.70 12-8 3476 1.300 12-21 2.945 12-10 3477 2.130 12-26 2.567.30 12-15 3479 3.080 12-29 2.836 12-27 3480 600 12-30 1.025 12-30 3482 475.50 Total $ 18,152.90 12-29 3483 1.140 12-31 3485 520.80 Total $ 15.418.70 The cash records per books for December showed the following. Cash Payments Journal Cash Receipts Journal Date Number Amount Date Number Amount Date Amount 12-1 3475 $ 1,640.70 12-20 3482 $ 475.50 12-3 $ 1,211.60 Cash Payments Journal Date Cash Receipts Journal Number Amount Date Number Amount Date 12-1 Amount 3475 $ 1.640.70 12-20 3482 $ 475.50 12-3 12-2 $ 1211.60 3476 1.300 12-22 3483 1.140 12-7 2.365.10 12-2 3477 2.130 12-23 3484 796.70 12-15 2.67270 124 3478 621.30 12-24 3485 250.80 12-20 2.954 12-8 3479 3.080 12-30 3486 889.50 12-25 2.567.30 12-10 3480 600 Total $ 13.731.90 12-28 2.836 12-17 3481 807.40 12-30 1.025 12-31 1,690.40 Total $ 17.322.10 The bank statement contained two memoranda: 1. Acredit of $ 2.420 for the collection of Langer Company of an electronic funds transfer. 2. A debit for the printing of additional company checks $ 86.30. At December 31, the cash balance per books was $ 14.395.20, and the cash balance per the bank statement was $ 1 bank did not make any errors, but Langer Company made two errors. BONITA COMPANY Bank Reconciliation December 31, 2020 Cash balance per bank statement 19645.80 Add Deposits in transit 1690.40 21336,20 Less Outstanding checks No 3470 720.10 No 3474 1051.30 i No. 3478 621.30 i No. 3481 807.40 1 No. 3484 796.70 No. 3486 889.50 i 4886.30 Adisted cash balance per bank 16449.90 4886.30 Adjusted cash balance per bank $ 16449.90 Cash balance per books $ 14395.20 Add Electronic funds transfer received 2420 16815.20 Less V Error in recording check 270 i Error in deposit 9 i Check printing fee 86.30 365.30 Adjusted cash balance per books $ 16449.90 Prepare the adjusting entries based on the reconciliation. (Credit account titles are automatically indented when amount is entered. Do not indent manually Round answers to 2 decimal places, eg. 52.75.) No. Account Titles and Explanation Debit Credit Dec 31 (To record collection of note receivable by bank) Dec. 31 (To record bank service charge) Dec 31 (To correct error in recording check) Dec 31 (To correct error in deposit) The bank portion of the bank reconciliation for Bonita Company at November 30, 2020. was as follows. Bonita COMPANY Bank Reconciliation November 30, 2020 Cash balance per bank $ 14,637.90 Add: Deposits in transit 2.530.20 17.168.10 Less: Outstanding checks Check Number Check Amount 3451 $ 2,260.40 3470 720.10 3471 844.50 3472 1,426.80 3474 1.058.70 6,310.50 Adjusted cash balance per bank $ 10,857.60 The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. Bank Statement Bank Statement Checks Deposits Date Number Amount Date Amount 12-1 3451 $ 2,260.40 12-1 $ 2,530.20 12-23471 844.50 12-4 1,211.60 12-7 3472 1.426.80 12-8 2,365.10 12-4 3475 1.640.70 12-16 2,672.70 12-8 3476 1.300 12-21 2.945 12-10 3477 2,130 12-26 2,567.30 12-15 3479 3,080 12-29 2,836 12-27 3480 600 12-30 1.025 12-30 3482 475.50 Total $ 18,152.90 12-29 3483 1,140 12-31 3485 540.80 Total $ 15,438.70 The cash records per books for December showed the following. Cash Payments Journal Cash Receipts Journal Date Number Amount Date Number Amount Date Amount 12-1 3475 $ 1,640.70 12-20 3482 $ 475.50 12-3 $ 1.211.60 The cash records per books for December showed the following. Cash Payments Journal Cash Receipts Journal Date Number Amount Date Number Amount Date Amount 12-1 3475 $ 1.640.70 12-20 3482 $ 475.50 12-3 $ 1.211.60 12-2 3476 1.300 12-22 3483 1.140 12-7 2.365.10 12-2 3477 2.130 12-23 3484 789.30 12-15 2,672.70 12-4 3478 621.30 12-24 3485 450.80 12-20 2,954 12-8 3479 3.080 12-30 3486 889.50 12-25 2.567.30 12-10 3480 600 Total $ 13,924.50 12-28 2,836 12-17 3481 807.40 12-30 1.025 12-31 1.690.40 Total $17,322.10 The bank statement contained two memoranda: 1. Acredit of $2,290 for the collection of Langer Company of an electronic funds transfer. 2 A debit for the printing of additional company checks $ 93.70. At December 31, the cash balance per books was $ 14,255.20, and the cash balance per the bank statement was $ 19,548.40. The bank did not make any errors, but Langer Company made two errors. Using the four steps in the reconciliation procedure, prepare a bank reconciliation at December 31. (Round answers to 2 decimal places, eg. 52.75. List items that increase cash balance first. Reconcile cash balance per bank first) BONITA COMPANY Bank Reconciliation $ $ > $ > $ > $ > $ > List of Accounts Prepare the adjusting entries based on the reconciliation. (Credit account titles are automatically indented when amount is entered. Do not indent manually Round answers to 2 decimal places, eg. 52.75.) No. Account Titles and Explanation Debit Credit Dec 31 (To record collection of note receivable by bank) Dec 31 (To record bank service charge) Dec 31 (To correct error in recording check) Dec 31 (To correct error in deposit) On January 1, 2020, Sheridan Company had Accounts Receivable $ 138,800, Notes Receivable $ 40,800, and Allowance for Doubtful Accounts $28.800. The note receivable is from Willingham Company. It is a 4-month, 8% note dated December 31, 2019. Sheridan Company prepares financial statements annually at December 31. During the year, the following selected transactions occurred. Jan 5 Sold $ 34,800 of merchandise to Sheldon Company, terms n/15. 20 Accepted Sheldon Company's $ 34,800. 3-month, 7% note for balance due. Feb. 18 Sold $ 23,800 of merchandise to Patwary Company and accepted Patwary's $ 23,800, 6-month.8% note for the amount due. Apr. 20 Collected Sheldon Company note in full 30 Received payment in full from Willingham Company on the amount due. May 25 Accepted Potter Inc's $ 20,200,3-month, 6% note in settlement of a past-due balance on account. Aug. 18 Received payment in full from Patwary Company on note due. 25 The Potter Inc note was dishonored. Potter Inc is not bankrupt: future payment is anticipated. Sept. 1 Sold $ 12,600 of merchandise to Stanbrough Company and accepted a $ 12,600. 6-month, 9% note for the amount due Journalize the transactions. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit > >