Al Alton Appliance-Coronado Bank Reconciliation December 31, 2018 BANK BOOKS Balance, Dec. 31, 2018 $ 642,565 Balance, Dec. 31, 2018 $ 765,252 ADD ADD Deposit in transit 212,000 Interest Revenue 1,450 854,565 766,702 LESS LESS 155 1,600 Outstanding checks (w) replenish petty cash (x) for owner withdrawal (y) for franchise fee EFT payment to Bank Checks $ 218 4,000 85,400 Service charge 1,755 89,618 5 764,947 Adjusted book balance, Dec. 31, 2018 $ 764,947 Adjusted bank balance, Dec. 31, 2018 Record journal entries as needed. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by recording the adjustment for the additions to Cash as a result of the bank reconciliation Date Accounts Debit Credit