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Belos LLC's May Bank reconciliation and a partial chart of accounts is provided below. Prepare the adjusting journal entries in the space provided that Belos
Belos LLC's May Bank reconciliation and a partial chart of accounts is provided below. Prepare the adjusting journal entries in the space provided that Belos LLC's accountant/bookkeeper will need to record in their accounting records to adjust the cash balance after the May bank reconciliation has been prepared. (Do not abbreviate when writing journal entries.) Belos, LLC Bank Reconciliation May 31st Bank Balance Book Balance $ 18,658 $ 18,954 Add: Interest Earned Add: DIT 47 1,785 Deduct: Deduct: Service Charge O/S checks -2,134 Book Error T -82 T (Office Supplies) PL ATT Adjusted Bank $ 18,605 Balance Adjusted Book $18,605 | Ajustice.com Chart of Accounts Cash Petty Cash Accounts Receivable Office Supplies Inventory Accounts Payable Sales Interest Revenue Sales Returns and Allowances Cost of Goods Sold Bank Service Charge Expense Interest Expense (Write journal entries in proper journal entry format. Do not abbreviate when writing journal entries and make sure you identify which line is the Debit (DR) and which line is a Credit (CR) using one of the following two examples.) Example 1: DR Inventory 4,000 CR Accounts Payable 4,000 OR Debit Credit Example 2: Inventory 4,000 Accounts Payable 4,000 OR Example 3: Debit Inventory 4,000 and Credit Accounts Payable 4,000 HTML Editora BIU A - A - 1 E 2 1 1 1 x x, - V G V D T 12pt E - Paragraph
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