Instructions visho Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository, after barking hours. The data required to reconcile the bank statement as of June 30, 20Y2 have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account CASH ACCOUNT Balance as of June 1 CASH RECEIPTS FOR MONTH OF JUNE $9,317 40 $9,223.76 DUPLICATE DEPOSIT TICKETS Date and amount of each deposit in June Date Amount Date Date Amount ints Amount $996 61 June 1 $1,080.50 June 10 June 22 $897 34 DUPLICATE DEPOSIT TICKETS Date and amount of each deposit in June Date Amount Date Amount Date Amount $897 34 June 1 $1,080.50 June 10 $996 61 June 22 3 854.17 15 88295 24 947 21 840.50 17 1,606.74 30 1,117 74 V shou CHECKS WRITTEN Number and amount of each check issued in June Amount Check No Check No Check No 740 Amount $449.75 $237.50 Amount Void $450 90 747 754 741 495.15 748 755 272 75 742 501.90 749 640 13 756 113.95 743 761 30 750 276 77 757 40795 744 506.88 751 299 37 758 259.60 745 117 25 752 537.01 759 901 50 746 298.66 753 380 95 760 486.39 ints Bank reconciliation and entries Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Journal Final Questions Instructions 745 11725 752 53701 759 901 50 Vi 746 298.66 753 380.95 760 486.39 Total amount of checks issued in June 58 395 66 BANK RECONCILIATION FOR PRECEDING MONTH Beeler Furniture Company Bank Reconciliation May 31, 2012 Dandet 11 + signment Mindowokertakelssignment Session locatorinprogress false Printem Bank reconciliation and entries Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Journa Final Questions Instructions May 31, 2012 $9.417.20 ish balance ording to bank statement Adjustments 1 Deposit for May 31 not recorded by bank Outstanding Check Na751 Outstanding Check No. 756 Outstanding Check No.758 Outstanding Check No:739 Total adjustments $690.25 (162.15) (505.95 (251.40) 160.55) (129.80) Adjusted balance 59,317.40 $9,352.50 11 Cash balance according to company's records Adjustments 13 Bank service charges 14 Adjusted baland (35.10 $9,31740 Check My Work 4more Check My Work uses remaining All work saved Email Instructor o RI DELL FR 21 Online teachix ignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator Print Item Bank reconciliation and entries Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Journal Final Questions Instructions 12 Adjustments: Bank Reconciliation Score: 108/165 Beeler Furniture Company Bank Reconciliation June 30, 20Y2 $9,317.40 $1,117.74 4 1 Cash balance according to bank statement 2 Adjustments: 3 Deposit of June 30, not recorded by bank Outstanding Check No. 738 5 Outstanding Check No. 756 6 Outstanding Check No.758 7 Outstanding Check No. 759 Total adjustments Adjusted balance (251.40) (113.95) (259.60) (901.50) 8 (408.71) $8,908.69 10 11 Cash balance according to company's records $9,223.76 meck My Work 4 more Check My Work uses remaining + Assignment/takeAssignment Main doinvokerStakeAssignmentSessionLocatorinprogress-false eBook Calculator Printem Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Journal Final Questions Instructions Bank Reconciliation Adjusted balance $8,908.69 10 $9,223.76 1 11 Cash balance according to company's records 11 Adjustments Proceeds of note collected by bank Principal Proceeds of note collected by bank: Interest Check returned because of insufficient funds 36 Error in recording June 10 deposit Error in recording June 24 deposit Service charges 19 Error in recording Check No. 743 298,66 12 1996.61) 1947.21) (35.10) 18 761.30 20 Total adjustments 21 Adjusted balance $8,908.69 neck My Work 4 more Check My Work uses remaining All work saved Email o BI G DOLL 421 Online teachi x + nment/rake Assignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Book Calculator Print Item Instructions Chart of Accounts Amount Descriptions Bank Reconciliation Journal Final Questions Instructions 12 Adjustments Bank Reconciliation Vit should be correcte Adjusted balance $8.908.69 10 0272 Journal JOURNAL Score: 35/99 DATE DESCRIPTION POSTRE DEBIT ACCOUNTING ELITI ASSETS LIABILITIES TOUTY CREDIT 14 1 Jun 30 Cash 15 2 Notes Receivable 3 Interest Revenue 5 Jun 30 Accounts Receivable Miscellaneous Expense Accounts Payable 15 weck My Work 4 more Check My Work uses remaining akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=fals Print Item eBook Calculator Instructions Bank Reconciliation Chart of Accounts Amount Descriptions Final Questions 3. What is the amount of Cash that should appear on the balance sheet as of June 30? $8,908.69 X Final Questions sa 90B BOX Points 011 Assume that a canceled check for $990 has been incorrectly recorded by the bank as 50. Select how the error would be included in a bank reconciliation and how it should be corrected Treatment Deduction from cash per bank statement Addition to cash per bank statement Deduction from cash per company's records Not included in a bank reconciation Addition to cash per company's records To correct