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GDB2013 The following information is available for Bronze Sky Company: 4. The bank statement indicated a monthly service charge of $200. Bronze Sky made a
GDB2013 The following information is available for Bronze Sky Company: 4. The bank statement indicated a monthly service charge of $200. Bronze Sky made a deposit of $2,660 on June 30, but this deposit did not appear on the bank statement until July 6. The bank collected an account receivable of $900 from one of Bronze Sky's customers The bank also collected interest revenue for Bronze Sky of $99. The bank also returned a nonsufficient funds check for $378 from Abu, one of Bronze Sky's customers. Checks #1874 for $2,624 was written by Bronze Sky and sent to the respective company, but it did not appear on the bank statement The balance on the bank statement as of June 30 was $16,711 On June 30, the Cash account from Bronze Sky's books showed an amount of $16,326 Prepare the bank reconciliation at June 30 for Bronze Sky Company. a. [12 marks Journalize the necessary entries by Bronze Sky Company, at June 30. (8 marks]
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