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Parta-prepare a corrected bank reconciliation Part b - Prepare journal entries related to the bank reconciliation JOURNAL Page 1 Shine Laundry Bank Reconciliation September 30,
Parta-prepare a corrected bank reconciliation Part b - Prepare journal entries related to the bank reconciliation JOURNAL Page 1 Shine Laundry Bank Reconciliation September 30, 2018 Date Account Title and Explanation Debit Credit Cash balance per bank Cash balance per ledger Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted ledger balance Required a) Prepare a reconciled bank reconciliation Assume the dollar amounts of the individual items on the bank reconciliation are correct. b) Prepare all journal entries required by Shine Laundry. Date Account Title and Explanation Debit Credit AP-BA LO 3 Shine Laundry's bank reconciliation is provided for the month of September 2018 However, due to some errors on the bank reconciliation, the reconciled balance for the ledger and the bank are different from each other Shine Laundry Bank Reconciliation September 30, 2018 Ledger Bank Opening Balance $5,100 $3,820 Add: Outstanding deposit-Sep 29 400 Outstanding deposit-Sep 30 1,220 Less: Outstanding Check #3-Sep 8 (1,000) Outstanding Check 4-Sep 10 (600) EFT-Insurance-Sep 15 (400) EFT-Monthly rent Sep 18 (600) NSF Check-Sep 19 (250) Charges for NSF Check-Sep 19 Service charges Sep 30 (15) Interest on bank account-Sep 30 (101 (5) Reconciled Balance $6.095 $1.565
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