complete bank reconcilation and adjusting entries based on information provided, Thank you! will thumbs up!
b) Prepare the appropriate adjusting entries on August 31. 2024. Hint: Some additional information is provided below but where else might you laok to find details relevant to preparing the adjusting entries? - It is estimated that utilities used during August totalled $18,260. - Actual count of ending merchandise inventory on August 31, 2024 was $2,099,659. - Management estimates uncollectible accounis receivable based on the following rates of uncollectibility applied to outstanding accounts: Not yet due (2\%), 1.30 days past due (9%),3160 days past due (18\%), Greater than 61 days past due (60\%). Since this is an estimate please round your final answer to the nearest whole dollar, - Income taxes are estimated to be $298,600. a) The ic wing bank statement was received. Prenare a hank ramnnniliation fon n... "st: Additional Information: The NSF cheque was received in July from Stake Technology Inc. for a sale dated July 15. a) Prepare the unadjusted trial balance at August 31, 2024. Accounts Receivable Subledaer: Accounts Payable Subledger: b) Prepare the appropriate adjusting entries on August 31. 2024. Hint: Some additional information is provided below but where else might you laok to find details relevant to preparing the adjusting entries? - It is estimated that utilities used during August totalled $18,260. - Actual count of ending merchandise inventory on August 31, 2024 was $2,099,659. - Management estimates uncollectible accounis receivable based on the following rates of uncollectibility applied to outstanding accounts: Not yet due (2\%), 1.30 days past due (9%),3160 days past due (18\%), Greater than 61 days past due (60\%). Since this is an estimate please round your final answer to the nearest whole dollar, - Income taxes are estimated to be $298,600. a) The ic wing bank statement was received. Prenare a hank ramnnniliation fon n... "st: Additional Information: The NSF cheque was received in July from Stake Technology Inc. for a sale dated July 15. a) Prepare the unadjusted trial balance at August 31, 2024. Accounts Receivable Subledaer: Accounts Payable Subledger