5 O oints eBook Ac CO Hint Print References 10 Homework Assignment i raw Following are the merchandising transactions of Dollar Store. November 1 Dollar Store purchases merchandise for $1,100 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1. View transaction list November 5 Dollar Store pays cash for the November 1 purchase. November 7 Dollar Store discovers and returns $100 of defective merchandise purchased on November 1, and paid for on November 5, for a cash refund. November 10 Dollar Store pays $55 cash for transportation costs for the November 1 purchase. November 13 Dollar Store sells merchandise for $1,188 with terms n/30. The cost of the merchandise is $594. November 16 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $295 and cost $148; the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. Journal entry worksheet 1 2 3 Date November 01 Note: Enter debits before credits. 4 5 6 General Journal Saved 7 Dollar Store purchases merchandise for $1,100 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1. 8 Prev Debit 5 of 5 Help Credit --- Save & Exit Subr Next Check my work

1 1 of 2 oped Required information (The following information applies to the questions displayed below] Del Gato Clinic's cash account shows an $16,519 debit balance and its bank statement shows $16,066 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,300. b. The June 30 bank statement lists a $95 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $789 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 $798. d. The June 30 cash receipts of $2,667 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Prepare its bank reconciliation using the above information. DEL GATO CLINIC Bank Reconciliation June 30