On May 2, 20X1, HPF Vacations received its April bank statement from First City Bank and Trust. Enclosed with the bank statement, which appears below, was a debit memorandum for $320 that covered an NSF check issued by Doris Fisher, a credit customer. The firm's checkbook contained the following information about deposits made and checks issued during April. The balance of the Cash account and the checkbook on April 30, 20x1, was $3,014 DATE TRANSACTIONS April 1 Balance 1. Check 1207 3 Check 1208 5 Deponit 5 Check 1209 10 Check 1210 17 check 1211 19 Deposit 22 Check 1212 23 Deposit 26 Check 1213 28 Check 1214 30 Check 1215 30 Deposit $7,199 220 510 560 380 4,100 115 310 7 310 360 19 14 360 FIRST CITY BANK AND TRUST 1-877-123-9876 HPF Vacations 1718 Jade Lane San Diego, CA 92111-4998 April 1-30, 2019 Account Number: 23-11070-08 Activity Summary: Balance, April 1 Deposits and credits Withdrawals and debits Balance, April 30 $ 7,199.00 1,180.00 (6,020.00) $ 2,359.00 DEPOSITS/CREDITS WITHDRAWALS/DEBITS 560.00 220.00 510.00 380.00 4,100.00 8.00 DATE DESCRIPTION 4/1/X1 Opening balance 4/6/X1 Deposit 4/6/X1 Check No. 1207 4/10/x1 Check No. 1208 4/10/x1 Check No. 1209 4/13/x1 Check No. 1210 4/14/X1 Service fee 4/20/x1 Deposit 4/22/x1 Check No. 1211 4/25/X1 Deposit 4/26/X1 Check No. 1212 4/29/X1 Debit for NSF Check 4/29/x1 Check No. 1213 Totals BALANCE $7,199.00 7,759.00 7,539.00 7,029.00 6,649.00 2,549.00 2 541.00 2,851.00 2,736.00 3,046.00 3039.00 2.719.00 2,359.00 310.00 115.00 310.00 7.00 320.00 360.00 6,020.00 1,180.00 Required: 1. Prepare a bank reconciliation statement for the firm as of April 30, 20X1. 2. Record general journal entries for any items on the bank reconciliation statement that must be journalized. Analyze: What checks remain outstanding after the bank statement has been reconciled? Bank Rec General Joumal Analyze Prepare a bank reconciliation statement for the firm as of April 30, 20X1. HPF VACATIONS Bank Reconciliation Statement April 30, 20X1 Balance on bank statement Additions: $ 0 Deductions: 0 Total deductions Adjusted bank balance CA $ 0 Balance in books Deductions: 0 0 Adjusted book balance $ Bank Rec General Journal Analyze Record general Journal entries for any items on the bank reconciliation statement that must be journalized. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2. 3 4 > Record the deposit in transit. Note: Enter debits before credits General Journal Debit Credit Date April 30, 20X1 Record entry Clear entry View general Journal Bank Rec General Journal Analyze Record general journal entries for any items on the bank reconciliation statement that must be journalizec transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet
