Chapter 7 Checkpoint Name Giraffe Sneaker's March 31 bank reconciliation included the following information: Deposits in Transit $710.40 and Outstanding Checks # 601 $280.40 , # 602 S115.20; #608 $94.50; and # 611 $126.30 The following information is available for the month of April: AMERICAN NATIONAL BANK OF DETROIT Detroit, MI 48201-250 (313)-999-9999 Depositor Name: Giraffe Sneakers Account Number: 999-9999991 For Period: April 1 through April 30 Monthly Summary: S 6,556.20 9,214.75 Beginning Balance, April 1 Total Deposits and Other Credits S S (7483.35) Total Checks Paid and Other Debits Ending Balance, April 30 Other Credits S 8,287.60 Deposits Received: Description Collection of $3,500 note plus $140 interest less $20 service charge Date Amount Date Amount Apr 1 S 710.40 Apr 5 3,620.00 3 438.90 710.20 860.50 Other Debits: 11 Description NSF Check written by E. Cheetah 13 240.10 Date Amount Apr 22 17 580.70 122.50 21 720.15 24 745.60 pr 30 Monthly Service Charge 15.00 28 588.20 Checks Paid Check No. Check No. Amount Amount Check No. Amount 280.40 520.10 S 601 S 617 628 310.10 608 94.50 619 241.55 629 886.90 611 126.30 620 404.50 631 88.70 613 211.40 623 710.30 632 290.50 680.60 314.40 662.30 202.20 614 624 633 615 238.90 626 616 345.60 627 736.60 Giraffe's general ledger cash account for April appeared as follows: CASH Beg. Balance Total Cash Receipts 6,650.20 S 8,796.50 Total Cash Payments 5,666.70 End. Balance S 3,520.40 Cash Receipt Detail Cash Payment Detail: Date Amount Check No. Amount Check No. Amount Apr 2 S 438.90 613 211.40 624 680.60 710.20 614 662.30 625 502.30 860.50 615 238.90 626 314.40 736.60 12 240.10 616 345.60 627 520.10 580.70 16 617 628 310.10 19 720.15 618 330.75 629 886.90 23 745.60 619 241.55 630 1,082.80 26 588.20 620 440.50 631 88.70 30 782.35 621 Void 632 290.50 5,666.70 Total S 622 Void 633 202.20 710.30 Total 623 8,796.50 Upon comparison with the bank statement, it is discovered that check number 620, corectly written for $404.50 for the payment of April salaries was incorrectly journalized and posted by Giraffe Sneakers as $440.50 REQUIRED A. Prepare a bank reconciliati B. Prepare any necessary adjusting joumal entries. for Giraffe for April 30 Chapter 7 Checkpoint A. Giraffe Sneakers Bank Reconciliation As of April 30 . GENERAL JOURNAL Account Titles Date DR CR