Please explain for me how can I got the number in the red circle and how can I make a journal forBank reconciliation? thanks
Beeler Furniture Company Score : 165/165 Bank Reconciliation June 30 . 20 4 2 1 Cash balance according to bank statement $13, 52471 2 Adjustments Deposit of June 30 , not recorded by bank $1 1724 Outstanding Check No . 738 125LADY 5 Outstanding Check No 756 (213.95/ Outstanding Check No . 758 1259 GUY 7 Outstanding Check No . 759 1901 50 Total adjustments (408 718 9 Adjusted balance $13 21600 11 Cash balance according to company's records $10 145 50 12 Adjustments 13 Proceeds of note collected by bank Interes 3210.0 14 Proceeds of note collected by bank Principal 3500 00 15 Error in recording Check No . 743 90 .0 16 Error in recording June 10 deposit ( 100.00 17 Error in recording June 24 deposit 1450 8 Check returned because of insufficient funds 1550 .004 19 Service charges 17500% 20 Total adjustments 3. 07050 21 Adjusted balance $13, 216.00Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository. after banking hours. The data required to reconcile the bank statement as of June 30, 20Y2, have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account. CASH ACCOUNT: Balance as of June 1 $9,317.40 CASH RECEIPTS FOR MONTH OF JUNE $9,223.76 DUPLICATE DEPOSIT TICKETS: Date and amount of each deposit in June: Date Amount Date Amount Date Amount June 1 $1,080.50 June 10 $996.61 June 22 $897.34 3 854.17 15 882.95 24 947.21 8 840.50 17 1,606.74 30 1,117.74 CHECKS WRITTEN: Number and amount of each check issued in June: Check No. Amount Check No. Amount Check No. Amount 740 $237.50 747 Void 754 $449.75 741 495.15 748 $450.90 755 272.75 742 501.90 749 640.13 756 113.95 743 761 .30 750 276.77 757 407.95 744 506.88 751 299.37 758 259.60 745 117.25 752 537.01 759 901 .50 746 298.66 753 380.95 760 486.39 Total amount of checks issued in June: $8,395.66 BANK RECONCILIATION FOFI PFIECEDING MONTH: BANK RECONCILIATION FOFI PRECEDING MONTH: 1 2 8 9 10 11 Cash balance according to company's records 12 13 14 Cash balance according to bank statement Adjustments: Deposit for May 31 not recorded by bank Outstanding Check No.731 Outstanding Check No.736 Outstanding Check No.738 Outstanding Check No.739 Total adjustments Adjusted balance Adjustments: Bank sewice charges Adjusted balance Refer to the June Bank Statement. Required: by the company Assume that all deposits are from cash sales. All checks are written to satisty accounts payable. Flefer to the Amount Descnptions list provided for the exact wording of the answer choices for text entries. Flound your answers to two decimal places. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Joumalize the necessary entries. Refer to the Chart of Accounts for exact wording of account titles. Hound your answers to two decimal places. What is the amount of Cash that should appear on the balance sheet as of June 30, 20Y2? Beeler Furniture Company Bank Reconciliation May 31, 20Y2 bank reconciliation and how it should be corrected. $690.25 (152.15) (345.95) (251.40) (5055) $9,447.20 (129.80) $9,317.40 $9,352.50 (35.10) $9,317.40 . Prepare a bank reconciliation as of June 30, 20Y2. if errors in recording deposits or checks are discovered, assume that the errors were made . Assume that a canceled check for $390 has been incorrectly recorded by the bank as $930. Briefly explain how the error would be included in a 2. Journal'ize the necessary entries. Refer to the Chart of Accounts for exact wording of amount titles. Round your answers to two decimal places. How does grading work? PAGE 1 JOURNAL Score: 99199 ACCOUNTING EQUATION _ DATE DESCRIPTION POST. REE DEBIT CREDIT ASSEI'S LIABILITIES EQUITY 1 Jun. 30\" Cash \" 3,300.00\" T " 1 Notes Receivable \" 3,500.00\" l " 3 Interest Revenue \" 210.00\" T 4 Accounts Payable \" 90.00\" 1 \" T Jun.30\" Sales \" 104.50\" i 6 Accounts Receivable V 550.00\" T " 7 Miscellaneous Expense " 75.00\" i 0/ a Cash 729.50\" l \
