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630 22 (check no. 29 (check no. 1418) 31 (check no. 1419) 31 Ending Balance May May May May 1,900 35 SC (5,050) $ 18,730
630 22 (check no. 29 (check no. 1418) 31 (check no. 1419) 31 Ending Balance May May May May 1,900 35 SC (5,050) $ 18,730 Explanations: BC-bank collection: EFT-electronic funds transfer NSF-nonsufficient funds checks: SC-service charge Additional data for the bank reconciliation follow: a. The EFT credit was a receipt of rent. The EFT debit was an insurance payment. b. The NSF check was received from a customer. c. The $1,700 bank collection was for a note receivable. d. The correct amount of check 1419, for rent expense, is $1,900. Donald's controller mistakenly recorded the check for $1,090. Requirements 1. Prepare the bank reconciliation of Donald Insurance at May 31, 2018. 2. Journalize any required entries from the bank reconciliation P7-34B Preparing a bank reconciliation and journal entries The October 31 bank statement of Wyndham's Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather than tats: a. The October 31 bank balance is $6,290 b. The bank statement includes two charges for NS com customers. One is for $370 (#1), and the other is for $180 (#2). WARS Lea 1. BO P7-34B Preparing a bank reconciliation and journal entries The October 31 bank statement of Wyndham's Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather the following data: a. The October 31 bank balance is $6,290. b. The bank statement includes two charges for NSF checks from customers. One is for $370 (#1), and the other is for $180 (#2). 630 22 (check no. 29 (check no. 1418) 31 (check no. 1419) 31 Ending Balance May May May May 1,900 35 SC (5,050) $ 18,730 Explanations: BC-bank collection: EFT-electronic funds transfer NSF-nonsufficient funds checks: SC-service charge Additional data for the bank reconciliation follow: a. The EFT credit was a receipt of rent. The EFT debit was an insurance payment. b. The NSF check was received from a customer. c. The $1,700 bank collection was for a note receivable. d. The correct amount of check 1419, for rent expense, is $1,900. Donald's controller mistakenly recorded the check for $1,090. Requirements 1. Prepare the bank reconciliation of Donald Insurance at May 31, 2018. 2. Journalize any required entries from the bank reconciliation P7-34B Preparing a bank reconciliation and journal entries The October 31 bank statement of Wyndham's Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather than tats: a. The October 31 bank balance is $6,290 b. The bank statement includes two charges for NS com customers. One is for $370 (#1), and the other is for $180 (#2). WARS Lea 1. BO P7-34B Preparing a bank reconciliation and journal entries The October 31 bank statement of Wyndham's Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather the following data: a. The October 31 bank balance is $6,290. b. The bank statement includes two charges for NSF checks from customers. One is for $370 (#1), and the other is for $180 (#2)
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