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6A-1. Canvas.com received a bank statement from Buttermilk Bank indicating a bank balance of $7,600. Based on Canvas.com's check stubs, the ending check- book balance

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6A-1. Canvas.com received a bank statement from Buttermilk Bank indicating a bank balance of $7,600. Based on Canvas.com's check stubs, the ending check- book balance was $8,231. Your task is to prepare a bank reconciliation for Canvas.com as of July 31, 2017, from the following information (journalize entries as needed): a. Checks outstanding: no. 122, $810; no. 130, $720. b. Deposits in transit, $1,800. c. Canvas.com forgot to record a $1,240 equipment purchase made with a debit card. d. Bank service charges, $60. e. Buttermilk Bank collected a note for Canvas.com, $950, less an $11 collec- tion fee. 6A-2. From the following bank statement, please (1) complete the bank reconcilia- tion for Tony's Deli found on the reverse of the following bank statement and (2) journalize the appropriate entries as needed. a. A deposit of $2,000 is in transit. b. Tony's Deli has an ending checkbook balance of $5,760. c. Checks outstanding: no. 111, $950; no. 119, $1,250; no. 121, $330. d. Bob Ryan's check for $100 bounced due to lack of sufficient funds. e. Bank service charge $30. Millbury National Bank Rio Mean Branch Bugna, Texas Tony's Deli 8811 2nd St. Bugna, Texas Checks and Other Withdrawals in Order of Payment Deposits Old Balance 6,500 Date New Balance 6,500 2/2 200.00 90.00 160.00 530.00 100.00 1,100.00 2/3 2/10 2/15 2/20 240.00 570.00 350.00 1,210.00 6,210 6,290 6,330 6,580 NSF 2/24 6,690 a. A deposit of $2,000 is in transit. b. Tony's Deli has an ending checkbook balance of $5,760. c. Checks outstanding: no. 111, $950; no. 119, $1,250; no. 121, $330. d. Bob Ryan's check for $100 bounced due to lack of sufficient funds. e Bank service charge $30. Millbury National Bank Rio Mean Branch Bugna, Texas Tony's Deli 8811 2nd St. Bugna, Texas Checks and Other Withdrawals in Order of Payment Deposits Old Balance 6,500 200.00 90.00 160.00 530.00 100.00 1,100.00 660.00 Date 2/2 2/3 2/10 2/15 2/20 2/24 2/28 240.00 570.00 350.00 1,210.00 160.00 New Balance 6,500 6,210 6,290 6,330 6,580 6,690 6,160 NSF 30.00 SC

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