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in question 1: prepared journal entries for crane company for may 1,June 1, July 1, and July 10. in question 2: prepare a correct bank

in question 1: prepared journal entries for crane company for may 1,June 1, July 1, and July 10.
in question 2: prepare a correct bank reconciliation and Journalize entries required by the reconciliation. image text in transcribed
image text in transcribed
image text in transcribed
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image text in transcribed
Question 1 of 2 > -/1 View Policies Current Attempt in Progress Crane Company established a petty cash fund on May 1, cashing a cheque for $140.00. The company replenished the fund on June 1 and July 1 with the following results. June 1: Cash in fund, $4.75 Receipts: Delivery expense $34.45 Postage expense 36.10 Travel expense 60.25 July 1: Cash in fund, $3.25 Receipts: Delivery expense $32.05 Entertainment expense 66.20 Supplies 38.50 On July 10. Crane increased the fund from $140.00 to $210,00 Prepare journal entries for Crane Company for May 1, June 1. July 1, and July 10. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Question 1 of 2 - /1 E May 1 June 1 July 1 July 10 Question 2 of 2 - / 1 Ivanhoe Wyatt is unable to reconcile the bank balance at January 31. Ivanhoe's reconciliation is as follows. Cash balance per bank $3,190.19 Add: NSF cheque 590.19 Less: Bank service charge 21.01 Adjusted balance per bank $3,759.37 Cash $3,651.44 Less: Deposits in transit 640.14 Add: Outstanding cheques 790.09 Adjusted balance per books $3,801.39 Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.) Bank Reconciliation January 31 $ Question 2 of 2 -/1 E Prepare a correct bank reconciliation. (List items that increase balance as per bank & books first.) Bank Reconciliation January 31 $ VE $ $ > v $ Toython and Question 2 of 2 -/1 e Textbook and Media List of Accounts Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 31 e Textbook and Media List of Accounts

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