Assignment 6 Chapters 781 Question 4 of 10 Current Art The bankomat INAONDE LIMITED Bank Reconciliation October 31 Cantalones portark AD 5210 3330 24 110 15 5 2004 The record the do TAJOC LIMITED Banken Norber 30 Am G Search of type URL IDEBAR 5 sigment. Chapter 788 estion 4 of 10 20 1 200 26 2 1770 24.119 2 2315 144 Det Che. Ne De CN205 Deput Che 247 Che. Ne 947 1.960 2A 20760 S230 10 SH 14 100 15 15 20:37 1272 Ch2470 . De Heunion 20 35 Sod NE 15 20 Ch 1470 14 22 3200 4925 EFT cobacter 28 30 Chor 2000 30 WO 00 Search or type URL 2 7 Assigmente-Chapten 781 Question of 10 Cart Rangan Cash 13 1 31 34 LE 10 2 20 2009 12.00 3300 11 0 EFT PE 10 20 Ar who D G Search or type URL 7 Achter 81 Question of 10 20 A 1 DET 3 1 Twee There 4 Com Media Act A Gear ortope Current Attempt in Progress The bank portion of last month's bank reconciliation for Ivanhoe Limited at October 31 is shown here: IVANHOE LIMITED Bank Reconciliation October 31 Cash balance per bank Add: Deposits in transit $ 25,120 3.109 28.229 Less: Outstanding cheques #2472 $1,320 #2473 1.770 #2474 1,105 4,195 Reconciled cash balance $ 24,034 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at October 31 The November bank statement showed the following: IVANHOE LIMITED Bank Statement November 30 Amounts Amounts Added IVANHOE LIMITED Bank Statement November 30 Amounts Deducted from Account (Debits) Date Description Amounts Added to Account (Credits) Balance Oct. 31 25,120 Nov. 1 Cheque, No. 2472 1,320 23.800 1 3,109 26,909 2 Deposit Cheque, No. 2473 Deposit 1.770 25.139 3 2.315 27,454 4 Cheque, No. 2475 3,222 24,232 7 Deposit 1.960 26,192 8 5.430 20,762 Cheque, No. 2476 Cheque. No. 2477 10 1,300 19,462 14 Deposit 4.710 24,172 15 Cheque. No. 2478 3.800 20,372 15 6,600 13,772 20 EFT, salaries Deposit Returned cheque-NSF Glasson Developments 5,890 19.662 25 500 19.162 25 NSFfee 8 19.154 26 Cheque, No 2479 1.470 17.684 Question 4 of 10 - /20 27 Deposit 3,200 20,884 28 EFT, collection of note receivable and interest Cheque, No. 2481 4.925 25,809 30 1207 24,602 30 EFT, salaries 6,600 18.002 30 Bank service charges 5 17.997 The cash records per books for November showed the following: Cash Receipts Cash Payments Number Date Amount Date Amount $ 3.222 Nov. 3 $ 2.315 Nov. 1 2475 7 1.960 2 2476 4,630 12 4,710 2 2477 1.300 20 5,908 2478 3.800 27 3,200 15 2479 1.470 30 3,601 15 EFT, salaries 6,600 $ 21,694 18 2480 1,185 20 2481 1,207 29 2482 1,690 30 EFT. salaries 6.600 Question 4 of 10 > - /20 Date Amount Date Number Amount Nov. 3 3 $ 2.315 Nov. 1 2475 $3,222 7 1.960 2 2476 4,630 12 4.710 2 2477 1,300 20 5,908 8 2478 3,800 27 3.200 15 2479 1.470 30 3,601 15 EFT, salaries 6,600 $ 21,694 18 2480 1,185 20 2481 1.207 29 2482 1,690 30 EFT, salaries 6,600 $ 31,704 1. 2. Additional information: The EFT collection on November 28 was not previously recorded. The collection of the note was for $4,300, plus $ 625 interest. Interest was not previously accrued. EFT payments are recorded when they occur. 3. The bank did not make any errors. Two errors were made by the company: one in recording a cheque and one in recording a cash receipt. The correction of any errors in the recording of cheques should be made to Accounts Payable. The correction of any errors in the recording of cash receipts should be made to Accounts Receivable. 4. Additional information: 1. The EFT collection on November 28 was not previously recorded. The collection of the note was for $ 4.300, plus $ 625 interest. Interest was not previously accrued. . EFT payments are recorded when they occur. The tank did not make any errors. Two errors were made by the company: one in recording a cheque and one in recording a cash receipt. The correction of any errors in the recording of cheques should be made to Accounts Payable. The correction of any errors in the recording of cash receipts should be made to Accounts Receivable. 2. 3. 4. (a) Calculate the cash balance per books as at November 30. prior to reconciliation Cash balance per books $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 4 used Submit