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In October 31, 2021. Chamber Companyada cash balance per books of $8.967. The bank statement on the showed alance of $10.160. A comparison of the
In October 31, 2021. Chamber Companyada cash balance per books of $8.967. The bank statement on the showed alance of $10.160. A comparison of the statement with the Cash account revealed the following 1 The statement included debit memor of 543 for the printing of additional company cheques and 538 for bank service charges 2 Cash sales of $6.39 on October 12 were deposited in the bank. The journal entry to record the conhece and the deposit slip were incorrectly made out and recorded by Cullumber as 53. The bak detected the otheepots and credited Cullumber Company for the correct amount The September 30 deposit of $993 wa Included on the October bank statement. The deposit had been placed in the bar night deposit vault on September 30 4 The October 31 depout of 596 m.notecluded on the October bank statement. The dead been placed in the Bank right deposit valt on October 31 5. Cheques 2006 for $423 and 1072 for $983 were outstanding on Stember 30.5072.dered the banki October. All the cheques written in October except for 12 for $552.21284 for $64111285 for $23hadded the bank by October 31 On October 18, the company issued cheque #1389 for $457to Helmo, onccount. The chewhidered the bank in October, was incorrectly ournaltred and posted by Cullumber Company for $574 2 A review of the bank statement revealed that Cullumber Company received electronic payments from customerson account of $1.883 in October. The bank had also credited the account with 533 of intervento Cullumber had no previous notice of these amounts Included with the cancelled chows waache hund by Land Company for $993 that we were ty charged to Cullumber Company by the bank On October 31, the bank statement showed an NSF charge of $81fora chegue led by W. Had istmete Cullumber Company on account. This amount included a $24 service charge by the bank. The composto non NSF fees to the customer Prepare the bank reconciliation at October 31. let items that no one e perberkbook CULLUMBER COMPANY Bank Reconciliation October 31, 2021 Prepare the necessary adjusting entries at October 31. Credit accounts retomatically indented when the amount entered. Do not indent menualty In entry is required. Me Entry for the accounts and enter for the mounts Debit Credit Date Account Titles and Explanation Oct 31 (To correct error in recording cheese and to record electronic recent from customer interested Oct 31
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