Chapter Outline Homework Excercise 6-11 Bank reconciliation and journal entries @p3 Prepare a table with the following headings for a monthly bank reconciliation dated September 30. Indicate whether each item should be added to or subtracted from the book or bank balance and whether it should or should not appear on the September 30 reconciliation For items that add or subtract from the book balance column, place a De or after the Ador Subtract to show the accounting impact on Cash Item Shown or Not shown on Reconciliation Bank Balance Book Balance Add or Subtract Add or Surat DE OCH Shoun or Not Show I NSF check from a customer is shown on the bank statement but not yet recorded by the company 2. Interest earned on the September cash balance in the bank is not yet recorded by the company. 3. Deposit made on September 5 and processed by the bank on September 6, 4. Checks written by another depositor but mistakenly charged against this company's account. 5. Bank service charge for September is not yet recorded by the company 6. Checks outstanding on August 31 that cleared the bank in September 7. Check written against the company's account and cleared by the bankerroneously not recorded by the company's recordkeeper 8. A note receivable is collected by the bank for the company, but it is see yet recorded by the company 9. Checks written and mailed to payees on October 2. 10. Checks written by the company and mailed to payees on September 30 11. Night deposit made on September 30 after the bank closed. 12. Bank fees for check printing are not yet recorded by the company Bank Balance Add or Subtract Book Balance Add or Subtract Book Balance Adjust (Dr or Cr) Shown or Not Shown On Reconciliation 1 2 3 4 5 6 7 00 10 11 12 Chapter Outline Homework Excercise 6-11 Bank reconciliation and journal entries @p3 Prepare a table with the following headings for a monthly bank reconciliation dated September 30. Indicate whether each item should be added to or subtracted from the book or bank balance and whether it should or should not appear on the September 30 reconciliation For items that add or subtract from the book balance column, place a De or after the Ador Subtract to show the accounting impact on Cash Item Shown or Not shown on Reconciliation Bank Balance Book Balance Add or Subtract Add or Surat DE OCH Shoun or Not Show I NSF check from a customer is shown on the bank statement but not yet recorded by the company 2. Interest earned on the September cash balance in the bank is not yet recorded by the company. 3. Deposit made on September 5 and processed by the bank on September 6, 4. Checks written by another depositor but mistakenly charged against this company's account. 5. Bank service charge for September is not yet recorded by the company 6. Checks outstanding on August 31 that cleared the bank in September 7. Check written against the company's account and cleared by the bankerroneously not recorded by the company's recordkeeper 8. A note receivable is collected by the bank for the company, but it is see yet recorded by the company 9. Checks written and mailed to payees on October 2. 10. Checks written by the company and mailed to payees on September 30 11. Night deposit made on September 30 after the bank closed. 12. Bank fees for check printing are not yet recorded by the company Bank Balance Add or Subtract Book Balance Add or Subtract Book Balance Adjust (Dr or Cr) Shown or Not Shown On Reconciliation 1 2 3 4 5 6 7 00 10 11 12
