Problem 9.5A (Algo) Preparing a bank reconciliation statement and journalizing entries to adjust the cash balance. LO 9-9, 9-10

On May 2, 20X1, PHF Vacations received its April bank statement from First City Bank and Trust. Enclosed with the bank statement, which appears below, was a debit memorandum for $360 that covered an NSF check issued by Doris Fisher, a credit customer. The firms checkbook contained the following information about deposits made and checks issued during April. The balance of the Cash account and the checkbook on April 30, 20X1, was $3,011.

Problem 9.5A (Algo) Preparing a bank reconciliation statement and journalizing entries to adjust the cash balance. LO 9-9, 9-10 On May 2, 20X1, PHF Vacations received its April bank statement from First City Bank and Trust. Enclosed with the bank statement, which appears below, was a debit memorandum for $360 that covered an NSF check issued by Doris Fisher, a credit customer. The firm's checkbook contained the following information about deposits made and checks issued during April. The balance of the Cash account and the checkbook on April 30,201, was $3,011. Required: 1. Prepare a bank reconciliation statement for the firm as of April 30, 201. 2. Record general journal entries for any items on the bank reconciliation statement that must be journalized. Date the entries April 30 , 201. Analyze: What checks remain outstanding after the bank statement has been reconciled? Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation statement for the firm as of April 30,201. Complete this question by entering your answers in the tabs below. Record general journal entries for any items on the bank reconciliation statement that must be journalized. Date the entries April 30 , 20X1. (If no entry is required for a transaction, select "No journal entry required" in the first account field.) Journal entry worksheet 4 Note: Enter debits before credits. Analyze: What checks remain outstanding after the bank statement has been reconciled? Complete this question by entering your answers in the tabs below