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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 14,970 Balance per company
Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 14,970 Balance per company records Bank service charges 12,480 70 Deposit in transit NSF check Outstanding checks 2,200 810 5,570 a. What is the adjusted balance on the bank reconciliation? $ 11,600 b. Journalize any necessary entries for Dotson Company based on the bank reconciliation. For a compound transaction, if an amount box does not require an entry, leave it blank. Cash Cash Cash BOOK Show Me HOW calculator Print Item Petty Cash Fund Prepare journal entries for each of the following. For a compound transaction, if an amount box does not require an entry, leave it blank. a. Issued a check to establish a petty cash fund of $800. b. The amount of cash in the petty cash fund is $270. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $310 and miscellaneous selling expense, $196. Record any missing funds in the cash short and over account. For a compound transaction, if an amount box does not require an entry, leave it blank
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