2. The bank statement indicated that China Imports earned $60 of interest revenue 1. China Imports accountant mistakenly recorded a 8430 check that was written to purchase sup plies as $350. c. Bank service charges for the month were $45. d. The bank reconciliation disclosed that $800 had been stolen from China Imports' business. e. Outstanding checks amounted to $2,600. f. The bank collected $4.000 of China Imports' accounts receivable. China Imports had instructed its customers to send their payments directly to the bank. 8. The bank mistakenly gave Imports Inc. credit for an 5800 deposit made by China Imports. h. Deposits in transit were 56,200. i. China Imports" bank statement contained a $525 NSF check. China Imports had received the check from a customer and had included it in one of its bank deposits Problem 6-21B Bank reconciliation and adjustments to the cash account The following information is available for Pyle Garage for March Year 1, BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Ganape 629 Main Street Hazard, GA 30321 Account number 61-6000 March 31. Year Beginning balance 1/Year 1 Total deposits and other credits Total checks and other debits Ending balance 31/Year Checks and Debits Check No Amount 1462 $1.163.00 1463 62.00 1466 1.235.00 1465 750.00 1466 1.111.00 1467 964.00 DM 15.00 700.00 SI5.000.00 7.000.00 600D.CO 16,000.00 Deposits and Credits Die Amount March 1 $1,000.00 March 2 1.340.00 March 0 210.00 March 12 1.940.00 March 17 855.00 March 22 1.450.00 OM 175.00 Date The following is a list of checks and deposits recorded on the books of Pyle Garage for March Year 1. Amount Amount Date Check No. of Check of Deposit March 1 1461 $ 62.00 March 1 51.340.00 March 5 1.235.00 March 5 210.00 March 6 1465 750.00 March 9 IM March 10 1940.00 March 10 1467 964.00 March 14 14 70.00 March 16 855.00 March 19 1.500.00 March 19 1.450.00 March 28 1470 102.00 March 29 2.000.00 LIO Other Information 1. Check no. 1462 was outstanding from February 2. A credit memo for collection of accounts receivable was included in the bank statement. 3. All checks were paid at the correct amount 4. The bank statement included a debit memo for service charges. 2. The bank statement indicated that China Imports earned $60 of interest revenue 1. China Imports accountant mistakenly recorded a 8430 check that was written to purchase sup plies as $350. c. Bank service charges for the month were $45. d. The bank reconciliation disclosed that $800 had been stolen from China Imports' business. e. Outstanding checks amounted to $2,600. f. The bank collected $4.000 of China Imports' accounts receivable. China Imports had instructed its customers to send their payments directly to the bank. 8. The bank mistakenly gave Imports Inc. credit for an 5800 deposit made by China Imports. h. Deposits in transit were 56,200. i. China Imports" bank statement contained a $525 NSF check. China Imports had received the check from a customer and had included it in one of its bank deposits Problem 6-21B Bank reconciliation and adjustments to the cash account The following information is available for Pyle Garage for March Year 1, BANK STATEMENT HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 Pyle Ganape 629 Main Street Hazard, GA 30321 Account number 61-6000 March 31. Year Beginning balance 1/Year 1 Total deposits and other credits Total checks and other debits Ending balance 31/Year Checks and Debits Check No Amount 1462 $1.163.00 1463 62.00 1466 1.235.00 1465 750.00 1466 1.111.00 1467 964.00 DM 15.00 700.00 SI5.000.00 7.000.00 600D.CO 16,000.00 Deposits and Credits Die Amount March 1 $1,000.00 March 2 1.340.00 March 0 210.00 March 12 1.940.00 March 17 855.00 March 22 1.450.00 OM 175.00 Date The following is a list of checks and deposits recorded on the books of Pyle Garage for March Year 1. Amount Amount Date Check No. of Check of Deposit March 1 1461 $ 62.00 March 1 51.340.00 March 5 1.235.00 March 5 210.00 March 6 1465 750.00 March 9 IM March 10 1940.00 March 10 1467 964.00 March 14 14 70.00 March 16 855.00 March 19 1.500.00 March 19 1.450.00 March 28 1470 102.00 March 29 2.000.00 LIO Other Information 1. Check no. 1462 was outstanding from February 2. A credit memo for collection of accounts receivable was included in the bank statement. 3. All checks were paid at the correct amount 4. The bank statement included a debit memo for service charges
