Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. From the following records, prepas the bank reconciliatin for the current bank account of Wagner and Wagner as of April Record all the necessary

image text in transcribed

4. From the following records, prepas the bank reconciliatin for the current bank account of Wagner and Wagner as of April Record all the necessary Journal entries. Porms are in your we 408 Chapter 10 Wagner and Wagner Bank Reconciliation March 31, 20- Company's Record 5943.80 Balance in ledger Deduct Debit memor Interest Charges Service Charges Bank Record Balance on statement Deduct Outstanding cheques #141 1433 1435 1437 1149 #1440 $50.00 12.00 $ 5425 13860 56.53 195.82 270.30 141.72 857.22 $ 86.58 Add Bank Error Late Deposit 2.00 216.50 218.50 $305.OB Ledger Account Bank Date Particulars Dr c 20- March April 31 - 410.00 1 1 ! deposit N1441 Interest Charres Service Charges deposit 431.02 50.00 12.00 73 341 22 216.50 6121 deposit 65820 4 4 8 10 10 15 20 27 30 42339 17141 depot #1444 #1445 1446 deposit 118.30 8285 157 8000 D V 4. From the following records, prepas the bank reconciliatin for the current bank account of Wagner and Wagner as of April Record all the necessary Journal entries. Porms are in your we 408 Chapter 10 Wagner and Wagner Bank Reconciliation March 31, 20- Company's Record 5943.80 Balance in ledger Deduct Debit memor Interest Charges Service Charges Bank Record Balance on statement Deduct Outstanding cheques #141 1433 1435 1437 1149 #1440 $50.00 12.00 $ 5425 13860 56.53 195.82 270.30 141.72 857.22 $ 86.58 Add Bank Error Late Deposit 2.00 216.50 218.50 $305.OB Ledger Account Bank Date Particulars Dr c 20- March April 31 - 410.00 1 1 ! deposit N1441 Interest Charres Service Charges deposit 431.02 50.00 12.00 73 341 22 216.50 6121 deposit 65820 4 4 8 10 10 15 20 27 30 42339 17141 depot #1444 #1445 1446 deposit 118.30 8285 157 8000 D V

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Knowledge Auditing Foundations For Knowledge Management Implementation

Authors: Patrick Lambe

1st Edition

0262545039, 978-0262545037

More Books

Students also viewed these Accounting questions

Question

What is an Integrated Change Control process?

Answered: 1 week ago

Question

L A -r- P[N]

Answered: 1 week ago