Problem 8-05A a-b (Video) The bank portion of the bank reconciliation for Coronado Company at November 30, 2020, was as follows. Coronado COMPANY Bank Reconciliation November 30, 2020 Cash balance per bank Add: Deposits in transit $14,717.90 2,530.20 17,248.10 Check Amount Less: Outstanding checks Check Number 3451 3470 $ 2,260.40 720.10 3471 3472 844.50 1,426.80 1,056.00 3474 6,307.80 $10,940.30 Adjusted cash balance per bank The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. Bank Statement Date Checks Number 3451 Date Amount $2,260.40 Deposits Amount $ 2,530.20 12-1 12-1 Bank Statement Checks Number Amount Date 3451 12-1 3471 12-4 12-8 3472 3475 12-16 Date 12-1 12-2 12-7 12-4 12-8 12-10 12-15 12-27 12-30 $2,260.40 844.50 1,426.80 1,640.70 1,300 2,130 3,080 600 Deposits Amount $ 2,530.20 1,211.60 2,365.10 2,672.70 2,945 2,567.30 2,836 1,025 $18,152.90 3476 12-21 3477 12-26 12-29 3479 3480 12-30 3482 475.50 Total 12-29 3483 12-31 3485 1,140 540.80 $15,438.70 Total The cash records per books for December showed the following Date Number 12-1 3475 Amount $475.50 1,140 792.00 12-2 Cash Payments Journal Amount Date Number $1,640.70 12-20 3482 1,300 12-22 3483 2,130 12-23 3484 621.30 12-24 3485 3,080 12-30 3486 3476 Cash Receipts Journal Date Amount 12-3 $ 1,211.60 12-7 2,365.10 12-15 2,672.70 12-20 2,954 12-25 2,567.30 12-2 3477 12-4 3478 450.80 12-8 3479 889.50 3480 600 Total $13,927.20 12-28 12-10 12-17 3481 107.40 12-30 12-31 2,836 1,025 1,690.40 517 322 10 The back statement contuned two memoranda 1. Acredit of $9,500 for the colection of Langer Company of andere funds det 2. A debit for the painting of additional company checks $91.00 At December 21, the cash balance put books was $14.335.20, and the cash balance per the bank statement w 519641 10. The banded not make any errors, but I anger Company made twe errors Using the four steps in the secondation procedure prepare at bank recondition at December 31. (owned answers to decimal ocet ca 52.75. Lorem ut ancrease cathlonce first. Reconcile cash balance perbank first CORONADO COMPANY Bank Reconciliation $ SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the adjusting entries based on the reconciliation. (Credit account titles are automatically in 52.75.) No. Account Titles and Explanation Debit Credit Dec. 31 (To record collection of note receivable by bank) Dec. 31 (To record bank service charge) Dec. 31 Dec. 31 (To record bank service charge) Dec. 31 (To correct error in recording check) Dec. 31 (To correct error in deposit)
