F. On September 30 of the current year, Dumont Co.'s checkbook showed a balance of $8,000 and the

bank statement showed a balance of $9,000. A comparison of the bank statement and Dumont's

records as of September 30 revealed the following:

(a) A deposit of $2,300, mailed to the bank by Dumont on September 29, was not included in the

bank statement of September 30.

(b) The following checks were outstanding: Check No. 255 for $400, Check No. 280 for $200,

Check No. 295 for $800.

(c) Check No. 289 in payment of a voucher had been written for $140 and had been recorded at that

amount by the bank. However, Dumont had recorded it in the check register as $410.

(d) A check for $910 received from a customer was deposited in the bank. The bank recorded it at

the correct amount, but Dumont recorded it at $190.

(e) Included with the bank statement was a credit memorandum for $950, representing the proceeds

of a $900 note receivable left at the bank for collection. This had not been recorded on Dumont's books.

(f) Included with the bank statement was a debity memorandum for $40 for service charges which had

not been recorded on Dumont's books.

INSTRUCTIONS:

(1) Complete the bank reconciliation below.

(2) In the general journal, prepare the entry or entries that Dumont should

make as a result of the bank reconciliation.

(1)

Dumont Co.

Bank Reconciliation

September 30, 19--

Balance according to bank statement

$

Add:

Deduct:

Adjusted balance

$

Balance according to depositor's records

$

Add:

Deduct:

Adjusted balance $

(2)

JOURNAL

PAGE

DATE

DESCRIPTION

POST. REF.

DEBIT

CREDIT

1

1

2

2

3

3

4

4

5

5

6

6

7

7

8

8