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main question is on First page, other three pages 1,2,3 are as format.. please do according to format. make journal entries, coloumn and everything as
main question is on First page, other three pages 1,2,3 are as format.. please do according to format. make journal entries, coloumn and everything as format shown.
Using the following information, prepare a bank reconciliation, in the proper format, on proper accounting paper, for the Teal Company for November 30 of the current year. a) The bank statement balance is $3,016. b) The cash account balance is $3,160. c) Outstanding checks amounted to $590. d) Deposits in transit are $700. e) The bank service charge is $25. f) A check for $76 for supplies was recorded as $67 in the ledger. Page 5 1 of 3 0 C Chapter 7 Bank Reconciliation The following information pertains to the Family Grocery Store: 1. Cash balance per bank, May 31, 57.263. 2. Cash balance per books, May 31, $7,634. 3. May bank charges not recorded by the depositor $28 4. Deposits in transit, May 31, $1.500. 5. Outstanding checks, May 31. 5591. 6. The Bank collected $900 note for Family in May, plus interest S36, less fee of $20. The collection has not been recorded by Family and no interest has been accrued 7. A deposit on May 5 was incorrectly recorded in the company's books as $330. The bank correctly recorded the deposit as $300 8. ANSF check was returned with the bank statement for $320. The NSF check was from customer Joe Smith as payment on his account Instructions 1. Prepare a bank reconciliation at May 31. 2. Journalize the adjusting entries at May 31 on the books of the Family Grocery Store Page Step by Step Solution
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