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Required Information Use the following Informatlon for the Exerelses below. The following information applies to the questions displayed below Del Gato Clinic deposits all cash
Required Information Use the following Informatlon for the Exerelses below. The following information applies to the questions displayed below Del Gato Clinic deposits all cash recelpts on the day when they are recelved and It makes all cash payments by check. At the close of business on June 30, 2017, Its Cash account shows an $11,589 deblt balance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposlt In the bank. a. Outstanding checks as of June 30 total $1,829. b. The June 30 bank statement lists a $16 service charge. Gato Clinic mistakenly recorded It with a deblt to Utllities Expense and a credlt to Cash In the amount of $476. d. The June 30 cash receipts of $2.856 were placed In the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Exercise 8-9 Bank reconcllletlon LO P3 Prepare a bank reconcilation for Del Gato Clinic using the above Information: Bank Reconciliation June 30, 2017 Bank statement balance Book balance Add Pakt Deduct: Adjusted book balance Adjusted bank balance
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