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i NEED IT ASAP Question 5 (10 points) Bank Reconciliation Last Jedi's bank statement for the month of December 2021 showed a balance per bank
i NEED IT ASAP
Question 5 (10 points) Bank Reconciliation Last Jedi's bank statement for the month of December 2021 showed a balance per bank of 7,000. The company's general ledger Cash account showed a balance of 55,659 at December 31. Other information is as follows: 1 Cash receipts for December 31 recorded on the company's books were $5,200, but this amount does not appear on the bank statement 2 The bank statement shows a debit memorandum for $40 for cheque printing charges 3. Cheque #119 payable to Darth Vader was recorded in the general journal and cleared the bank for $248. A review of the accounts payable records shows a $36 credit balance in Darth Vader's account and that the payment should have been for $284. 4. The total amount of cheques outstanding at December 31 was $5.800. 5. Cheque #138 was correctly written and paid by the bank for $409. The cash payment journal reflects an entry for Cheque #138 as a debit to Accounts Payable and a credit to Cash for $490. 6. The bank returned an NSF cheque from a customer for $560. 7. The bank included a credit memorandum for $1.260, which represents the electronic collection of customer accounts. Prepare a bank reconciliation for Last Jedi Limited at December 31, 2021. V B I U V Paragraph , *** Step by Step Solution
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