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ACCT 4800 Extra Credit 3. RJ Enterprises has an operating account which is maintained at Park Avenue Bank. You learned the following: The cash receipts
ACCT 4800 Extra Credit 3. RJ Enterprises has an operating account which is maintained at Park Avenue Bank. You learned the following: The cash receipts journal showed cash of $15,125 received on December 29, 2018 and the deposit was made on December 31, 2018. The deposit was not recorded in the bank until January 2, 2019 The December 31, 2018 bank statement shows a balance of $62,325 In analyzing the cash receipts activities, you noticed that included in the Decemb er 29th activities a deposit received for $6,050 which was recorded in the journal as $6,500. The following checks recorded in the check register had not been deposited by the customer . Check # 101 220 221 250 330 360 361 363 Date of check 12/31/2018 6/31/2018 8/1/2018 12/23/2018 2/31/2018 1/2/2019 1/3/2019 Amount $600 1500 1250 3300 225 175 525 400 Due to multiple bad checks received from customers, RJ Enterprises was charged $5 service fees for December 2018 . The company earned $5 in interest for the month Required: Prepare RJ Enterprises' bank reconciliation for December 2018 (in good form) opts
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