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*just part b please Problem 2-6A (Part Level Submission) When Wild Holdings Lid. received its bank salamint for the month of Odo, i showed the
*just part b please
Problem 2-6A (Part Level Submission) When Wild Holdings Lid. received its bank salamint for the month of Odo, i showed the company dach balance of 5,5 salador. Wich u r ledge showed a cash balance of 518,110 at that da. A c o thank unting o r the following format 1. Bank service and credit card darges for the month wine 57 2. A cheque, in the amount of $550, from of Wildhor customers that had been deposited during the last of October Wir e d with the bank statement as "NE" 3. Ch .3421, which was a payment for xps had been creatywnie for $860 but had been incrctly recorded in the g allegar a Sb. 4 Wild had written and mailed outches with a value of $2,380 that had not yet clear the bank account 5. During the month, the bank ada $2.000 receivable plus the outstanding of $252 on behalf of Wildhorse. The interest had already been accred. 6. The cas t for October 31 amounted to sh 920 and had deposited is the night drowot at the bark on the evening of Odour 31. These were not reflected on the bank statement for October Your wris correct. Prepare the bank r a tional October 31. list i s that increase balance ser bank & WILDHORSE HOLDINGS LTD. Bank Reconciliation October 31 cash balance per bank statement Add y Deposits in transit w outstanding chaque Reconciled cash lanca per bank | Cash balance par books fua r Note v able collections T intas receivable collection on note Chaque #3421 Reconciled cash balance par books (b) Prepare any journal entries required from 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 o for the amounts.) Debit Credit Date Account Titles and Explanation Oct. 31 (To record EFT collections) (To record account receivable) (To adjust cheque #3421) (To record bank service charge)Step by Step Solution
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