$6,070 $9,252 9 $8,561 $6,7 Deposits and Credits Date Amount Description Date 5/4 Account Details Withdrawals...
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$6,070 $9,252 9 $8,561 $6,7 Deposits and Credits Date Amount Description Date 5/4 Account Details Withdrawals and Debits Number Amount Description Daily Ba Date $1,270 DEP 5/1 469 $360 CHK 5/1 5/11 1,700 DEP 5/2 470 240 CHK 5/2 5/18 2,330 DEP 5/7 1,110 - DC 5/4 5/20 1,100 NOTE 5/11 210 NSF 5/9 5/20 41 INT 5/12 1,480 DC 5/11 5/25 5/31 2,800 DEP 5/15 3,410 DC 5/12 11 INT 5/20 410 EFT 5/18 5/22 1,310 DC 5/20 5/31 31 SF 5/25 $9,252 $8,561 5/31 Description DEP Customer deposit INT Interest earned SF Service fees NOTE Note collected CHK Customer check NSF Nonsufficient funds EFT Electronic funds transfer DC Debit card Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates to checks num number 470, which are outstanding as of April 30, 2024 (prior month). b. The bank made the EFT on May 20 in error. The bank accidentally charged Copperfield for payment that should ha on another account. Required: 1. Prepare a bank reconciliation for Copperfield's checking account on May 31, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. $6,070 $9,252 9 $8,561 $6,7 Deposits and Credits Date Amount Description Date 5/4 Account Details Withdrawals and Debits Number Amount Description Daily Ba Date $1,270 DEP 5/1 469 $360 CHK 5/1 5/11 1,700 DEP 5/2 470 240 CHK 5/2 5/18 2,330 DEP 5/7 1,110 - DC 5/4 5/20 1,100 NOTE 5/11 210 NSF 5/9 5/20 41 INT 5/12 1,480 DC 5/11 5/25 5/31 2,800 DEP 5/15 3,410 DC 5/12 11 INT 5/20 410 EFT 5/18 5/22 1,310 DC 5/20 5/31 31 SF 5/25 $9,252 $8,561 5/31 Description DEP Customer deposit INT Interest earned SF Service fees NOTE Note collected CHK Customer check NSF Nonsufficient funds EFT Electronic funds transfer DC Debit card Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates to checks num number 470, which are outstanding as of April 30, 2024 (prior month). b. The bank made the EFT on May 20 in error. The bank accidentally charged Copperfield for payment that should ha on another account. Required: 1. Prepare a bank reconciliation for Copperfield's checking account on May 31, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below.
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