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please answer all parts! the data tables are attached. thanks, sorry for so many pictures had to show data tables Data table Data table Explanation:
please answer all parts! the data tables are attached. thanks, sorry for so many pictures had to show data tables
Data table Data table Explanation: BC-bank collection of note receivable from customer, EFT-electronic funds transfer, US - unauthorized signature, SC - service charge Additional data for the bank reconciliation include the following: a. The EFT deposit was a receipt of monthly rent. The EFT debit was a monthly insurance payment. b. The unauthorized signature check was received from a customer and returned by the bank unpaid. c. The correct amount of check number 3115 , a payment on account, is $1,360. (Dickson Automotive's accountant mistakenly recorded the check as $1,630.) Requirement 1. Prepare the Dickson Automotive bank reconciliation at June 30,2018 Prepare the Bank side of the bank reconciliation, then prepare the Book side of the bank reconciliation. (Include the balances at June 30 in each of the addition subtotal calculations. If a box is not used in the table, leave the box empty, do not select a label or enter a zero.) Phank.t. Requirement 2. Prepare the journal entries required at June 30,2018. (Record debits first, then credits. Exclude explanations from all journal entries ) Record the correction for check #3115 Record the EFT debit. Record the unauthorized signature (US) check returned by the bank. Finally, record the bank service charge. Requirement 3 . Describe how a bank account and the bank reconciliation help the general manager control Dickson Automotive's cash A bank account helps control cash by: (Select all statements that apply If a box is not used in the table, leave the box empty, do not select a label.) A bank reconciliation helps control cash by: (Select all statements that apply. If a box is not used in the table, leave the box empty, do not select a label.) Step by Step Solution
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