Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Henderson Photography's checkbook lists the following: (Click the icon to view the checkbook.) Henderson's November bank statement shows the following (Click the icon to view

image text in transcribed

Henderson Photography's checkbook lists the following: (Click the icon to view the checkbook.) Henderson's November bank statement shows the following (Click the icon to view the November bank statement.) Read the requirements. Requirement 1. Prepare Henderson Photography's bank reconciliation at November 30, 2024. Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Henderson Photography Bank Reconciliation November 30, 2024 Checkbook Bank: Date Check No. Item ADD: Nov. 1 Nov. 4 Check Deposit Balance $ 525 $ 30 495 622 Requirements LESS Quick Mailing Service Revenue Nov. 9 $ 135 630 Nov. 13 623 Photo Supplies 75 555 Nov. 14 624 Utilities 40 515 1. Prepare Henderson Photography's bank reconciliation at November 30, 2024. 2. How much cash does Henderson actually have on November 30, 2024? 3. Journalize any transactions required from the bank reconciliation. Nov. 18 625 Cash 85 Books: 430 340 Nov. 26 626 90 Nov. 28 627 Office Supplies Upstate Realty Co. Service Revenue 280 60 ADD: Nov. 30 1.230 1.290 Print Done LESS: Print Done Requirement 2. How much cash does Henderson actually have on November 30, 2024? Henderson has cash of on November 30, 2024. Requirement 3. Journalize any transactions required from the bank reconciliation. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin with the entry to correct the error. Date Accounts and Explanation Debit Credit Nov. 30 Henderson Photography's checkbook lists the following: (Click the icon to view the checkbook.) Henderson's November bank statement shows the following (Click the icon to view the November bank statement.) Read the requirements. Requirement 1. Prepare Henderson Photography's bank reconciliation at November 30, 2024. Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Henderson Photography Bank Reconciliation November 30, 2024 Checkbook Bank: Date Check No. Item ADD: Nov. 1 Nov. 4 Check Deposit Balance $ 525 $ 30 495 622 Requirements LESS Quick Mailing Service Revenue Nov. 9 $ 135 630 Nov. 13 623 Photo Supplies 75 555 Nov. 14 624 Utilities 40 515 1. Prepare Henderson Photography's bank reconciliation at November 30, 2024. 2. How much cash does Henderson actually have on November 30, 2024? 3. Journalize any transactions required from the bank reconciliation. Nov. 18 625 Cash 85 Books: 430 340 Nov. 26 626 90 Nov. 28 627 Office Supplies Upstate Realty Co. Service Revenue 280 60 ADD: Nov. 30 1.230 1.290 Print Done LESS: Print Done Requirement 2. How much cash does Henderson actually have on November 30, 2024? Henderson has cash of on November 30, 2024. Requirement 3. Journalize any transactions required from the bank reconciliation. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin with the entry to correct the error. Date Accounts and Explanation Debit Credit Nov. 30

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Cataldo Cpa II, Cma Cgma A J

2nd Edition

1634929241, 978-1634929240

More Books

Students also viewed these Accounting questions

Question

Name the different levels of the hierarchy of needs. (p. 264)

Answered: 1 week ago

Question

=+a. Can the reader find the most important message?

Answered: 1 week ago