please use it in the format below
CHAPTER 7 Internal Control and Cash ust 31 and showed Problem 7-8A Preparing a bank reconciliation and recording adjustments LOG CHECK FIGURE: 1. Adjusted book balance, $4.871.89 Pelzer Company reconciled its bank and book statement balances of Cash on August 31 and cheques outstanding at that time, #5888 for $6,220.00 and 5893 for $1.485.65 The following information was available for the September 30, 2020, reconciliation From the September 30, 2020, bank statement: Balance of previous statement on Aug 31/20 6 deposits and other credits totaling 9 cheques and other debits totalling Current balance as of Sept. 30/20... 10,674.50 22,417.05 26.296.05 6.795 50 Chequing Account Transactions Transaction Description +Deposit Date Amount Sent OS 5.643 20 122,56145 17 1.176.50 21 6.436.80 Transaction Description Deposit Deposit NSF cheque Deposit Date Sept.25 30 3 0 Amount 4.230.50 45.00 3.500.00 Credit memo Date Sept 03 07 Cheque No 5904 5901 5905 5903 Amount 9,340.55 1.450 00 Date Cheque No. Sept 22 5888 24 5909 285907 29 5902 Amount 6,220.00 2.140.40 3324.60 985.60 10 338.25 .320.15 1 From Pelzer Company's accounting records: - Cash Acct. No. 101 Date Explanation PR Debit Credit CR1220.005 75 CD23 2.96885 22.97460 7.903.39 15.071 21 Deposits Made Cheques Written $1.450.00 60 $ 5,643 20 2.561.45 6,436.80 4.230.60 113370 $20.005.75 No 5901 5902 5903 5904 5905 5906 3.940 55 Total Sept Cash Receipts 715 26 5907 5908 5009 Total Sept Cash Disbursements 2140 20 $15.0712 CHAPTER 7 Internal Control and Cash Cheque #5904 was correctly written for $9,340.55 to pay for computer equipment; however, the bookkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash as though it were for $3,940.55. The NSF cheque was originally received from a customer. Lisa Willis, in payment of her account. Its return was not recorded when the bank first notified the company. The credit memo resulted from an electronic fund transfer of $3,550 for a customer payment. The bank ad deducted a $50 bank service charge. The collection has not been recorded. Chapter 7 Problem 7-8A Part 1 Problem 7-8A concrd.) Anos component Part 2 GENERAL JOURNAL Date Account Titles and explanation PR Debit Come by McGrete mation Limited. Alreserved CHAPTER 7 Internal Control and Cash ust 31 and showed Problem 7-8A Preparing a bank reconciliation and recording adjustments LOG CHECK FIGURE: 1. Adjusted book balance, $4.871.89 Pelzer Company reconciled its bank and book statement balances of Cash on August 31 and cheques outstanding at that time, #5888 for $6,220.00 and 5893 for $1.485.65 The following information was available for the September 30, 2020, reconciliation From the September 30, 2020, bank statement: Balance of previous statement on Aug 31/20 6 deposits and other credits totaling 9 cheques and other debits totalling Current balance as of Sept. 30/20... 10,674.50 22,417.05 26.296.05 6.795 50 Chequing Account Transactions Transaction Description +Deposit Date Amount Sent OS 5.643 20 122,56145 17 1.176.50 21 6.436.80 Transaction Description Deposit Deposit NSF cheque Deposit Date Sept.25 30 3 0 Amount 4.230.50 45.00 3.500.00 Credit memo Date Sept 03 07 Cheque No 5904 5901 5905 5903 Amount 9,340.55 1.450 00 Date Cheque No. Sept 22 5888 24 5909 285907 29 5902 Amount 6,220.00 2.140.40 3324.60 985.60 10 338.25 .320.15 1 From Pelzer Company's accounting records: - Cash Acct. No. 101 Date Explanation PR Debit Credit CR1220.005 75 CD23 2.96885 22.97460 7.903.39 15.071 21 Deposits Made Cheques Written $1.450.00 60 $ 5,643 20 2.561.45 6,436.80 4.230.60 113370 $20.005.75 No 5901 5902 5903 5904 5905 5906 3.940 55 Total Sept Cash Receipts 715 26 5907 5908 5009 Total Sept Cash Disbursements 2140 20 $15.0712 CHAPTER 7 Internal Control and Cash Cheque #5904 was correctly written for $9,340.55 to pay for computer equipment; however, the bookkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash as though it were for $3,940.55. The NSF cheque was originally received from a customer. Lisa Willis, in payment of her account. Its return was not recorded when the bank first notified the company. The credit memo resulted from an electronic fund transfer of $3,550 for a customer payment. The bank ad deducted a $50 bank service charge. The collection has not been recorded. Chapter 7 Problem 7-8A Part 1 Problem 7-8A concrd.) Anos component Part 2 GENERAL JOURNAL Date Account Titles and explanation PR Debit Come by McGrete mation Limited. Alreserved
