Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of June 30,20Y2, have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account. DUPLICATE DEPOSIT TICKETS. Date and amount of each deposit in June: CHECKS WRITTEN Number and amount of each check issued in June- Total amount of checks issued in June: $8,395.66 BANKRECONCILIATIONFORPRECEDING MONTH: Refer to the June Bank Statement Required: 1. Prepare a bank reconciliation as of June 30,20Y2. If entors in recording deposits or checks are discovered, assume that the errors were made by the company. Assume that all deposits are from cash sales. An checks are written to satisfy accounts payable 2. Journaize the necessary entries 3. What is the amount of Cach thot should appear on the balance sheet as of June 30,20Y27 4. Assume that a canceled check for $390 has been incorrectly recorded by the baink as $930. Anefy explain how the ofror would be included in a bank reconciliation and how it should be carrected. Cha Chart of Accounts EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Labels and Amount Descriptions Labels For the Month Ended June 30,20Y2 June 30,20Y2 Amount Descriptions Adjusted balance Bank service charges Check returned because of insufficient funds Error in recording June 10 deposit Error in recording June 24 deposit Error in recording Check No. 743 Deposit in transit on June 30 Note collected by bank, including $210 interest Outstanding Check No. 738 Outstanding Check No. 756 Outstanding Check No. 758 Outstanding Check No. 759 Total additions Total deductions 1. Prepare a bank reconciliation as of October 31,20 y 9. Bank Reconciliation Instructions Bank Reconciliation \begin{tabular}{|c|} \hline Shaded cos \\ \hline 10%5 \\ \hline 259.60 \\ \hline 901.50 \\ \hline \end{tabular} 10 Cash balance according to companys records 11 12 13 it 15. 16 17. 1) 19. Points 5.73/35 2. Journalee the necessary entries. All transections on this pape must be entered (except for post ref(s)) before you will receive Check My Work feedback. I. What is the ansorit of Cash Mat atoud apocer on the talance isneet as of dure 32 avri? I eedoach oheck wy Wark Treatonent Deducton tam cant per cempanirs recoros Nasion to cach par bank vatement Deducton tom caith per bars stiteneed Not nccuped in a bank reconciaton Adation to canti pew comparrys records Masesn to cath per bank talemert Dedaction bas cash per bask itasemed Nat noluded an a bank reconclubon Adobon to cash pot company's recorts cosec Request that the bank coned bue ens Desuct hron the amourt of bara seive chappes Jeumatee an entry defucting 3930 Bom cash dosmatie an ertey deduding 5540 tom cash sounate at entry mades, 3545 to cath Jbutnales a casectieg ertry adang 8930 to caih Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository, after banking hours. The data required to reconcile the bank statement as of June 30,20Y2, have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account. DUPLICATE DEPOSIT TICKETS. Date and amount of each deposit in June: CHECKS WRITTEN Number and amount of each check issued in June- Total amount of checks issued in June: $8,395.66 BANKRECONCILIATIONFORPRECEDING MONTH: Refer to the June Bank Statement Required: 1. Prepare a bank reconciliation as of June 30,20Y2. If entors in recording deposits or checks are discovered, assume that the errors were made by the company. Assume that all deposits are from cash sales. An checks are written to satisfy accounts payable 2. Journaize the necessary entries 3. What is the amount of Cach thot should appear on the balance sheet as of June 30,20Y27 4. Assume that a canceled check for $390 has been incorrectly recorded by the baink as $930. Anefy explain how the ofror would be included in a bank reconciliation and how it should be carrected. Cha Chart of Accounts EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Labels and Amount Descriptions Labels For the Month Ended June 30,20Y2 June 30,20Y2 Amount Descriptions Adjusted balance Bank service charges Check returned because of insufficient funds Error in recording June 10 deposit Error in recording June 24 deposit Error in recording Check No. 743 Deposit in transit on June 30 Note collected by bank, including $210 interest Outstanding Check No. 738 Outstanding Check No. 756 Outstanding Check No. 758 Outstanding Check No. 759 Total additions Total deductions 1. Prepare a bank reconciliation as of October 31,20 y 9. Bank Reconciliation Instructions Bank Reconciliation \begin{tabular}{|c|} \hline Shaded cos \\ \hline 10%5 \\ \hline 259.60 \\ \hline 901.50 \\ \hline \end{tabular} 10 Cash balance according to companys records 11 12 13 it 15. 16 17. 1) 19. Points 5.73/35 2. Journalee the necessary entries. All transections on this pape must be entered (except for post ref(s)) before you will receive Check My Work feedback. I. What is the ansorit of Cash Mat atoud apocer on the talance isneet as of dure 32 avri? I eedoach oheck wy Wark Treatonent Deducton tam cant per cempanirs recoros Nasion to cach par bank vatement Deducton tom caith per bars stiteneed Not nccuped in a bank reconciaton Adation to canti pew comparrys records Masesn to cath per bank talemert Dedaction bas cash per bask itasemed Nat noluded an a bank reconclubon Adobon to cash pot company's recorts cosec Request that the bank coned bue ens Desuct hron the amourt of bara seive chappes Jeumatee an entry defucting 3930 Bom cash dosmatie an ertey deduding 5540 tom cash sounate at entry mades, 3545 to cath Jbutnales a casectieg ertry adang 8930 to caih