3 4 Chapter 7 In Class: Bank Rec - Meadows Landscape Co. 2 Meadows Landscape Co.'s bank reconciliation as the end of last month, March 31: Meadows Landscape Co. Bank Reconciliation March 31, 2021 (previous month) 6 Bank balance $7,670 Book balance 7 Add: deposit in transit 1,100 a Deduct: 0/s cheques 5 $ 8,590 9 797 60 10 804 11 Adjusted bank balance 120 (180) 8,590 Adjusted book balance 8,590 12 13 Bank Statement, April 30, 2021 14 Cheques/Debits 15 Deposits/Credits 16811 17 307 1,100 690 810 The books for April: Balance Date Deposits Cheques written $ 7,670 April 7 $ 810 # 807 $ 375 7,936 13 N 808 850 8,371 18 680 4 809 124 8,853 23 355 # 810 208 9,083 27 750 # 811 348 3,588 30 620 # 812 207 5,278 30 770 W 812 372 600 680 04/03 $ 834 04/03 S 04/07 375 04/07 18 1810 01/13 208 04/13 19 NSE 01/18 450 04/18 2008 04/23 850 04/23 21 5797 01/27 60 04/27 2214 04/10 So 04/30 2331 01/30 312 Interest 24 8 04/30 124 25. Service charge 04/30 32 04/30 26 27 Meadows Landscape Co. discovered that cheque 11 Into The NS 355 750 620 47 # 814 550 N 815 405 9,023 8,899 8,867 Total receipts # 816 602 $ 4,675 Total dis $4,011 27 Meadows Landscape Co. discovered that cheque #811, for delivery expense, was recorded in the Cash Disbursements Journal as $348. The NSF cheques for $450 was of a customer, deposited in April. 28 29 30 31 Meadows Landscape Co. Bank Reconciliation April 30, 2021 Cash 32 33 34 Bank Book 8,590 4,675 4,041 9,224 35 Balance per bank Balance per book 36 Add Add: Interest revenue 37 Deposit in transit 38 Less os cheques 39 No 804 Less Book error NSF cheque Service charge 40 812 41 815 42 816 44 Adjusted bank balance - Adjusted Book Balance 45 40 Journal Entries: 48 49 50