Material: Introduction of accounting 2

The correct balance according to both the company and the bank is IDR 56,000,000 and once the correct balance is known, an adjusting journal must be made based on the above calculations. To make an adjusting journal, it is enough to pay attention to the company side.

2. On July 1, 2016, the bank estimate in the PT.DEBET ledger shows a balance of Rp. 2,303,000. In July 2016 the cash receipts book showed an amount of Rp. 4,730,000. But the cash disbursement book shows the amount of Rp. 6,572,725. Data relating to bank reconciliation include the following:

Circulating checks:

Already on credit by the Bank, gito service in July 2016 worth Rp 7,425

Check number 10203 worth IDR 157,000 and recorded in the expense book report worth IDR 175,000

Meanwhile, for check number 10217 worth Rp. 240,000, it is recorded as Rp. 24,000. everything for the purchase of merchandise.

And cash deposits of Rp. 925,000 as of July 31, 2016 have not been recorded in the bank statement, because the cash has been closed.

The bank has already charged an administration fee in July 2016 of IDR 1,000 and a checkbook fee of IDR 650. This amount has not been recorded by PT. DEBET

The bank has already credited the PT.DEBET account for the remittance of Rp. 199,950 which was obtained from the customer to pay off the debt.

Check deposit obtained from PT. DEBET in the amount of Rp. 120,000 on July 28, 2016 has been rejected because the balance is insufficient.

Requested:

Make a bank reconciliation as of July 31, 2016 to adjust the balance by bank account with the balance based on the bank estimate

Keep any adjusting entries as needed

please fill in an explanation of where the numbers are obtained