Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 Part 2 of 2 Required information The following information applies to the questions displayed below) Del Gato Clinic's cash account shows a $15,366 debit

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
4 Part 2 of 2 Required information The following information applies to the questions displayed below) Del Gato Clinic's cash account shows a $15,366 debit balance and its bank statemerit shows $13,789 on deposit at the close of business on June 30. 666 Doints 02:21:25 o. Outstanding checks as of June 30 total $1,445. b. The June 30 bank statement lists a $80 bank service charge. c. Check No 919, listed with the canceled checks, was correctly drawn for 5289 in payment of a utility bill on June 15 Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $298. d. The June 30 cash receipts of $2,951 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement book Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) Hint View transaction list Journal entry worksheet Record the adjusting entry related to outstanding checks, if necessary. Notes Enter debits before credits Transact General Journal Dubit Credit Part 2014 che lorowing information applies to the questo sployee Del Gato Clinic's cash account shows a $15,366 debit balance and its bank statement shows $13.789 on deposit at the close of business on June 30. 666 DO 02:21:00 a. Outstanding checks as of June 30 total $1445 b. The June 30 bank statement lists a $80 bank service charge. c. Check No. 919. listed with the canceled checks, was correctly drawn for $289 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $298. d. The June 30 cash receipts of $2.951 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement, doo Prepare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Hint View transaction list References Journal entry worksheet 4 Record the adjusting entry related to check No. 919, if necessary Note: Enter debits before credits Dobi General Journal rannacul Ciode 4 Part 2012 556 Required information The following information applies to the questions displayed below) Del Gato Clinic's cash account shows a 515 366 debit balance and its bank statement shows $13,789 on deposit at the close of business on June 30 a. Outstanding checks as of June 30 total $1445 b. The June 30 bank statement lists a 580 bank service charge c. Check No. 919. listed with the canceled checks, was correctly drawn for $289 in payment of a ty bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Us Expense and a credit to Cash in the amount of $298 d. The June 30 cash receipts of $2.951 were placed in the banks night depository after banking hours and were not recorded on the June 30 bank statemem Prepare the adjusting journal entries that Del Gato Cine must record as a result of preparing the bank reconciliation (if no entry is required for a transaction/event, select "No journal entry required in the first account field) View transaction ist Berences Journal entry worksheet

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

Performance Auditing A Measurement Approach

Authors: Ronell B. Raaum, Stephen L. Morgan

4th Edition

0894134647, 978-0894134647

More Books

Students also viewed these Accounting questions

Question

4. Explain the strengths and weaknesses of each approach.

Answered: 1 week ago