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Eyers, has been able to obtain the following information from the records of the company and its bank. (Click the icon to view records a-b.)
Eyers, has been able to obtain the following information from the records of the company and its bank. (Click the icon to view records a-b.) (Click the icon to view records c-g.) Required 1. Prepare a bank reconciliation as of May 31, 2020 , including the calculation of the book balance of May 31,2020. 2. Prepare all journal entries that would be required by the bank reconciliation. Explanations are not required. a. An examination showed that two cheques ( #461 for $665.00 and #492 for $235.00 ) had not been c. The bank provided the following statement as of May 31, 2020. cashed as of May 1. Eyers recalled that there was only one deposit in transit on the April 30 bank reconciliation but was unable to recall the amount. b. The cash receipts and cash payments journal contained the following entries for May 2020. d. The deposit made on May 16 was for the collection of a note receivable ($540.00) plus interest. Eyers, has been able to obtain the following information from the records of the company and its bank. (Click the icon to view records a-b.) (Click the icon to view records c-g.) Required 1. Prepare a bank reconciliation as of May 31, 2020 , including the calculation of the book balance of May 31,2020. 2. Prepare all journal entries that would be required by the bank reconciliation. Explanations are not required. a. An examination showed that two cheques ( #461 for $665.00 and #492 for $235.00 ) had not been c. The bank provided the following statement as of May 31, 2020. cashed as of May 1. Eyers recalled that there was only one deposit in transit on the April 30 bank reconciliation but was unable to recall the amount. b. The cash receipts and cash payments journal contained the following entries for May 2020. d. The deposit made on May 16 was for the collection of a note receivable ($540.00) plus interest
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