iCandy Bank Reconciliation Statement June 30, 2021 $ Information from previou Balance per bank Add: deposit in transit Initial company information General Instructions Policies and procedures . All transactions Adjusting entries Information Trial balance - May Schedules of accounts - May Inventory cards. May Bank reconciliation. May Bank statement. June Journals and ledgers Instruction Inventory cards instructions Inventory.cards - June Special printing Information Cash Journals Deduct . No No No. Adjusted balance per bank Balance per book Add: Interest earned Deduct NSF check bank service charge Adjusted balance per book GENERAL JOURNAL Date Debit Credit Account and Explanation Jun 20 Sales Returns and Allowances Jun 20 ARC - Sweet Tooth (sales return) Post Ref. 401 Information from previous 2,352 110/110-3 2,352 Jun 20 Merchandise Inventory Jun 20 Cost of Goods Sold (sales return) 1201,392 500 Initial company information . General instructions Policies and procedures . All transactions Adjusting entries Information Trial balance - May Schedules of accounts - May Inventory cards - May Bank reconciliation - May Bank statement. June Journals and ledgers Instructions Inventory cards instructions Inventory cards - June Special.printing Information Cash Journals 1,392 2,304 Jun 28 APC - Spud's Confectionery Jun 28 Merchandise Inventory (purchase return) 210/210-5 120 2,304 Jun 30 select select Jun 30 test le Jun 30 elect Jun 30 select elect SUBSIDIARY LEDGERS Account: ARC - Central Candy Account No. 110-5 Information from previous p Rel. Date May Debit Credit Balance 3,706 DR Description 31 Balance 5 Repayment 17 Credit sale 24 Credit sale 3,706 Jun Jun Jun 0 CRJ SU SJ 7,104 48,160 7,104 DR 55,264 DR Jun 30 Initial company information General instructions Policies and procedures All transactions Adjusting entries Information Trial balance - May Schedules of accounts. May Inventory cards - May Bank reconciliation - May Bank statement - June Journals and ledgers instructions Inventory cards instructions Inventory cards - June Special printing Information Cash als Jun 30 > Jun 30 Jun 30 Balance Account: ARC - Sugar Account No. 110-6 (Q-824-110-6. AcctsReco_ba Date Rel. Debit Credit Balance May Jun Jun Description 31 Balance 17 Repayment 26 Credit sale 2,100 CRJ SJ 3,872 DR 1,772 DR 30,188 DR 28.416 Jun 30 Jun 30 Jun 30 Jun 30 Balance GENERAL LEDGER Information from previous pages Ref. Debit Credit Credit Account: Cash Account No. 100 Date Description May 31 Balance Jun 30 Total from cash receipts journal Jun 30 Total from cash payments journal Jun 30 Balance 66,662 DR 180,445 DR 136,938 DR 113,783 CRJ CPJ 43,507 v Initial company information . General Instructions Policies and procedures . All transactions Adjusting entries Information? Trial balanced - May Schedules of assgunts - May Inventory cards - May Bank reconciliation - May Bank statement. June Journals and ledgers instructions Inventory.cards instructions Inventory cards2 June Special printing Information Cash Journals Jun 30 bill 000 Jun 30 Jun 30 Jun 30 Balance (0-825-110-0.AR Control bankRec) Ref. Debit Crodle Credit Accounti ARC - Accounts Receivable Control Account No. 110 Date Description May 31 Balance Jun 20 Sales return from Sweet Tooth Jun 30 Total from sales journal Jun 30 Total from cath receipts journal Jun 30 2,352 GJ SJ CRJ Balance 31,568 DR 29.216 DR 119,952 DR 90,342 DR 90.730 29,610 M Jun 30 Jun 30 Jun 30 Jun 30 Balance Account APC - Accounts Payable Control Account No. 210 (Q-325-210-0 AP Control bankRec) Date Ref. Deble Debit Credit May Description 31 Balance 20 Purchase return to Spud's Confectionery 30 Total from purchases journal 30 Total from cash payments journal 30 2,304 Balance 43,383 CR 41,079 CR 59,911 CR 42.214 CR GJ PJ CPU Jun 18,832 17.697 Jun 30 20 Account: APC - Accounts Payable Control Account No. 210 Ref. Debit Credit GJ 2,304 Date Description May 31 Balance Jun 28 Purchase return to Spud's Confectionery Jun 30 Total from purchases journal Jun 30 Total from cash payments journal Jun 30 Balance 43,383 CR 41,079 CR 59,911 CR 42,214 CR PJ 18,832 CPJ 17,697 Jun 30 Jun 30 Jun 30 Balance (Q-325-40 Account: Interest Revenue Account No. 403 Date Ref. Debit Debit Credit Balance May Description 31 Balance 30 Jun Jun 30 Jun 30 Jun 30 Balanco (Q-325-57 Account: Interest Expense Account No. 571 Date Ref. Debit Credit Balance May Jun Description 31 Balance 30 Jun 30 23 Jun 30 Jun 30 Balance (Q-325-5 Account: Admin Expense - Bank Charges Account No. 572 Date Description 31 Balance Jun 30 Ref. Debit Debit Credit Balance May Bank reconciliation statement May iCandy Bank Reconciliation Statement May 31, 2021 000000000000 $69,802 Balance per bank: Add: deposit in transit from Candy Rush deposit in transit from Candy Man $3,400 1,500 4,900 74,702 Deduct: outstanding check outstanding check Adjusted balance per bank No. 423 $6,900 No. 424 1,140 8,040 $66,662 $66,383 Balance per book: Add: interest earned 291 66,674 00000000000000 Deduct: bank service charge Adjusted balance per book 12 $66,662 MRMCO Denver branch Orlando Fitch 130 Sieben Lane Denver, CO 80012 Account No. 31436914 Page No 1 iCandy Debit Credit $1,140 $49,000 $8,100 $1,500 $2,648 $3,400 $6.900 $1,904 $829 $2,619 $3,706 Dato Particulars JUN 1 BALANCE BROUGHT FORWARD JUN 2424 JUN 4 LOAN JUN 5 425 JUN 5 DEPOSIT - Candy Man JUN 6 426 JUN 6 DEPOSIT - Candy Rush JUN 6 423 JUN 7 428 JUN 8 427 JUN 9 DEPOSIT - Candy Man JUN 10 DEPOSIT - Central Candy JUN 11 429 JUN 13 431 JUN 14 430 JUN 16 433 JUN 17 432 JUN 17 DEPOSIT - Cash sales JUN 19 434 JUN 20 DEPOSIT - Sugar-hi JUN 21 NSF CHECK-Sugar-hi JUN 21 DEPOSIT - Cash sales JUN 26 435 JUN 30 DEPOSIT -Cash sales JUN 30 437 JUN 30 438 JUN 30 INTEREST JUN 30 SERVICE CHARGE $557 $1,540 $2.732 $3,316 $4,921 Balance $69,802 CR $68,662 CR $117,662 CR $109,562 CR $111,062 CR $108,414 CR $111.814 CR $104,914 CR $103.010 CR $102,181 CR $104,800 CR $108,506 CR $107,949 CR $106.409 CR $103,677 CR $100,361 CR $95,440 CR $100,320 CR $97.855 CR $99.955 CR $97,855 CR $117.295 CR $115,360 CR $119,672 CR $115,592 CR $111,192 CR $111,767 CR $111,755 CR $4,880 $2,465 $2.100 $2.100 $19,440 $1,935 $4,312 54 080 $4,400 $575 512 Last statement to this statement to 05/31/21 06/30/21 Total debits $40,579 Total credits $91,532 Proxeeds Final balance $111,755 CR CASH RECEIPTS JOURNAL Date Account Post Ref. Debit Sales Cash Discounts Cost of Goods Sold Jun 250 291 Jun Jun Jun Jun Jun 1 Bank Loan Payable 5 ARC - Central Candy 8 ARC - Candy Man 13 Sales Revenue 17 ARC - Sugar-hi 20 Sales Revenue 27 ARC - Sweet Tooth 27 Sales Revenue 29 Sales Revenue 30 ARC-Candy Rush 110-5 110-1 110-6 X 2,240 Credit Sales Accounts Other Revenue Receivable Accounts 49.000 3,706 2,910 4,880 2,100 19,440 17,206 4,312 6,832 3,688 35,464 29,610 49,000 (400) (110) 49,000 3,706 2,619 4,880 2,100 19,440 17.206 4,312 6,832 3,688 113,783 (100) 12,048 Jun Jun 110-3 X X 110-4 2,552 3,392 Jun Jun Total 291 20,232 (500)/(120) Post reference (402) CASH PAYMENTS JOURNAL Credit Date Check No. Post Account Ref. Cash Jun Jun 140 210-6 221 Jun Jun Jun Jun Jun 1 Prepaid Rent 3 APC-Brennan Imports Group 4 Electricity Payable 4 Wages Payable Office Supplies APC - Gillard Wholesalers 11 Wages Expense 12 APC . Spud's Confectionery 12 APC - Restay 18 Wages Expense 25 Wages Expense 28 APC - Restay 30 Merchandise Inventory 30 Salary Expense 425 426 427 428 420 430 431 432 433 434 220 130 210-2 Debit Accounts Merchandise Wages Other Payable Inventory Expense Accounts 8,100 2,648 829 732 1.172 557 2.732 1,540 4,921 3,316 2,465 1.935 4,080 4,080 210-5 Jun 8,100 2,648 829 1,904 557 2.732 1,540 4.921 3,316 2.465 1,935 4,080 4,080 4.400 43,507 (100) 210-1 Jun Jun Jun Jun Jun Total 435 436 437 438 210-1 X 545 17,697 (210) Post reference 4,080 (120) 4.400 15,058 (X) 6,672 (516) iCandy Bank Reconciliation Statement June 30, 2021 $ Information from previou Balance per bank Add: deposit in transit Initial company information General Instructions Policies and procedures . All transactions Adjusting entries Information Trial balance - May Schedules of accounts - May Inventory cards. May Bank reconciliation. May Bank statement. June Journals and ledgers Instruction Inventory cards instructions Inventory.cards - June Special printing Information Cash Journals Deduct . No No No. Adjusted balance per bank Balance per book Add: Interest earned Deduct NSF check bank service charge Adjusted balance per book GENERAL JOURNAL Date Debit Credit Account and Explanation Jun 20 Sales Returns and Allowances Jun 20 ARC - Sweet Tooth (sales return) Post Ref. 401 Information from previous 2,352 110/110-3 2,352 Jun 20 Merchandise Inventory Jun 20 Cost of Goods Sold (sales return) 1201,392 500 Initial company information . General instructions Policies and procedures . All transactions Adjusting entries Information Trial balance - May Schedules of accounts - May Inventory cards - May Bank reconciliation - May Bank statement. June Journals and ledgers Instructions Inventory cards instructions Inventory cards - June Special.printing Information Cash Journals 1,392 2,304 Jun 28 APC - Spud's Confectionery Jun 28 Merchandise Inventory (purchase return) 210/210-5 120 2,304 Jun 30 select select Jun 30 test le Jun 30 elect Jun 30 select elect SUBSIDIARY LEDGERS Account: ARC - Central Candy Account No. 110-5 Information from previous p Rel. Date May Debit Credit Balance 3,706 DR Description 31 Balance 5 Repayment 17 Credit sale 24 Credit sale 3,706 Jun Jun Jun 0 CRJ SU SJ 7,104 48,160 7,104 DR 55,264 DR Jun 30 Initial company information General instructions Policies and procedures All transactions Adjusting entries Information Trial balance - May Schedules of accounts. May Inventory cards - May Bank reconciliation - May Bank statement - June Journals and ledgers instructions Inventory cards instructions Inventory cards - June Special printing Information Cash als Jun 30 > Jun 30 Jun 30 Balance Account: ARC - Sugar Account No. 110-6 (Q-824-110-6. AcctsReco_ba Date Rel. Debit Credit Balance May Jun Jun Description 31 Balance 17 Repayment 26 Credit sale 2,100 CRJ SJ 3,872 DR 1,772 DR 30,188 DR 28.416 Jun 30 Jun 30 Jun 30 Jun 30 Balance GENERAL LEDGER Information from previous pages Ref. Debit Credit Credit Account: Cash Account No. 100 Date Description May 31 Balance Jun 30 Total from cash receipts journal Jun 30 Total from cash payments journal Jun 30 Balance 66,662 DR 180,445 DR 136,938 DR 113,783 CRJ CPJ 43,507 v Initial company information . General Instructions Policies and procedures . All transactions Adjusting entries Information? Trial balanced - May Schedules of assgunts - May Inventory cards - May Bank reconciliation - May Bank statement. June Journals and ledgers instructions Inventory.cards instructions Inventory cards2 June Special printing Information Cash Journals Jun 30 bill 000 Jun 30 Jun 30 Jun 30 Balance (0-825-110-0.AR Control bankRec) Ref. Debit Crodle Credit Accounti ARC - Accounts Receivable Control Account No. 110 Date Description May 31 Balance Jun 20 Sales return from Sweet Tooth Jun 30 Total from sales journal Jun 30 Total from cath receipts journal Jun 30 2,352 GJ SJ CRJ Balance 31,568 DR 29.216 DR 119,952 DR 90,342 DR 90.730 29,610 M Jun 30 Jun 30 Jun 30 Jun 30 Balance Account APC - Accounts Payable Control Account No. 210 (Q-325-210-0 AP Control bankRec) Date Ref. Deble Debit Credit May Description 31 Balance 20 Purchase return to Spud's Confectionery 30 Total from purchases journal 30 Total from cash payments journal 30 2,304 Balance 43,383 CR 41,079 CR 59,911 CR 42.214 CR GJ PJ CPU Jun 18,832 17.697 Jun 30 20 Account: APC - Accounts Payable Control Account No. 210 Ref. Debit Credit GJ 2,304 Date Description May 31 Balance Jun 28 Purchase return to Spud's Confectionery Jun 30 Total from purchases journal Jun 30 Total from cash payments journal Jun 30 Balance 43,383 CR 41,079 CR 59,911 CR 42,214 CR PJ 18,832 CPJ 17,697 Jun 30 Jun 30 Jun 30 Balance (Q-325-40 Account: Interest Revenue Account No. 403 Date Ref. Debit Debit Credit Balance May Description 31 Balance 30 Jun Jun 30 Jun 30 Jun 30 Balanco (Q-325-57 Account: Interest Expense Account No. 571 Date Ref. Debit Credit Balance May Jun Description 31 Balance 30 Jun 30 23 Jun 30 Jun 30 Balance (Q-325-5 Account: Admin Expense - Bank Charges Account No. 572 Date Description 31 Balance Jun 30 Ref. Debit Debit Credit Balance May Bank reconciliation statement May iCandy Bank Reconciliation Statement May 31, 2021 000000000000 $69,802 Balance per bank: Add: deposit in transit from Candy Rush deposit in transit from Candy Man $3,400 1,500 4,900 74,702 Deduct: outstanding check outstanding check Adjusted balance per bank No. 423 $6,900 No. 424 1,140 8,040 $66,662 $66,383 Balance per book: Add: interest earned 291 66,674 00000000000000 Deduct: bank service charge Adjusted balance per book 12 $66,662 MRMCO Denver branch Orlando Fitch 130 Sieben Lane Denver, CO 80012 Account No. 31436914 Page No 1 iCandy Debit Credit $1,140 $49,000 $8,100 $1,500 $2,648 $3,400 $6.900 $1,904 $829 $2,619 $3,706 Dato Particulars JUN 1 BALANCE BROUGHT FORWARD JUN 2424 JUN 4 LOAN JUN 5 425 JUN 5 DEPOSIT - Candy Man JUN 6 426 JUN 6 DEPOSIT - Candy Rush JUN 6 423 JUN 7 428 JUN 8 427 JUN 9 DEPOSIT - Candy Man JUN 10 DEPOSIT - Central Candy JUN 11 429 JUN 13 431 JUN 14 430 JUN 16 433 JUN 17 432 JUN 17 DEPOSIT - Cash sales JUN 19 434 JUN 20 DEPOSIT - Sugar-hi JUN 21 NSF CHECK-Sugar-hi JUN 21 DEPOSIT - Cash sales JUN 26 435 JUN 30 DEPOSIT -Cash sales JUN 30 437 JUN 30 438 JUN 30 INTEREST JUN 30 SERVICE CHARGE $557 $1,540 $2.732 $3,316 $4,921 Balance $69,802 CR $68,662 CR $117,662 CR $109,562 CR $111,062 CR $108,414 CR $111.814 CR $104,914 CR $103.010 CR $102,181 CR $104,800 CR $108,506 CR $107,949 CR $106.409 CR $103,677 CR $100,361 CR $95,440 CR $100,320 CR $97.855 CR $99.955 CR $97,855 CR $117.295 CR $115,360 CR $119,672 CR $115,592 CR $111,192 CR $111,767 CR $111,755 CR $4,880 $2,465 $2.100 $2.100 $19,440 $1,935 $4,312 54 080 $4,400 $575 512 Last statement to this statement to 05/31/21 06/30/21 Total debits $40,579 Total credits $91,532 Proxeeds Final balance $111,755 CR CASH RECEIPTS JOURNAL Date Account Post Ref. Debit Sales Cash Discounts Cost of Goods Sold Jun 250 291 Jun Jun Jun Jun Jun 1 Bank Loan Payable 5 ARC - Central Candy 8 ARC - Candy Man 13 Sales Revenue 17 ARC - Sugar-hi 20 Sales Revenue 27 ARC - Sweet Tooth 27 Sales Revenue 29 Sales Revenue 30 ARC-Candy Rush 110-5 110-1 110-6 X 2,240 Credit Sales Accounts Other Revenue Receivable Accounts 49.000 3,706 2,910 4,880 2,100 19,440 17,206 4,312 6,832 3,688 35,464 29,610 49,000 (400) (110) 49,000 3,706 2,619 4,880 2,100 19,440 17.206 4,312 6,832 3,688 113,783 (100) 12,048 Jun Jun 110-3 X X 110-4 2,552 3,392 Jun Jun Total 291 20,232 (500)/(120) Post reference (402) CASH PAYMENTS JOURNAL Credit Date Check No. Post Account Ref. Cash Jun Jun 140 210-6 221 Jun Jun Jun Jun Jun 1 Prepaid Rent 3 APC-Brennan Imports Group 4 Electricity Payable 4 Wages Payable Office Supplies APC - Gillard Wholesalers 11 Wages Expense 12 APC . Spud's Confectionery 12 APC - Restay 18 Wages Expense 25 Wages Expense 28 APC - Restay 30 Merchandise Inventory 30 Salary Expense 425 426 427 428 420 430 431 432 433 434 220 130 210-2 Debit Accounts Merchandise Wages Other Payable Inventory Expense Accounts 8,100 2,648 829 732 1.172 557 2.732 1,540 4,921 3,316 2,465 1.935 4,080 4,080 210-5 Jun 8,100 2,648 829 1,904 557 2.732 1,540 4.921 3,316 2.465 1,935 4,080 4,080 4.400 43,507 (100) 210-1 Jun Jun Jun Jun Jun Total 435 436 437 438 210-1 X 545 17,697 (210) Post reference 4,080 (120) 4.400 15,058 (X) 6,672 (516)