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25.00 points Bin Ali Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check.
25.00 points Bin Ali Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, 2015, its Cash account shows a(n) $11,313 debit balance. Bin Ali Clinic's June 30 bank statement shows $11,733 on deposit in the bank. a. Outstanding checks as of June 30 total $2,550. b. The June 30 bank statement included a $30 debit memorandum for bank services. c. Check No. 919, listed with the canceled checks, was correctly drawn for $789 in payment of a utility bill on June 15. Bin Ali Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $798. d. The June 30 cash receipts of $2,109 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement Prepare a bank reconciliation for Bin Ali Clinic using the above information: BIN ALI CLINIC Bank Reconciliation June 30, 2015 Bank statement balance Add Deduct Book balance Add Deduct ed bank balance Adjusted book balance
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