show computations if there are any.

Papars M Ark ANikarius uni alin is iram 17:44 The bank portion of the bank reconciliation for Hunsaker Company at October 21, 2010, is shown here and on the next page. 308 HUNSAKER COMPANY Bank Reconciliation October 31, 2010 Cash balance pe bank Add: Deposits in unit $12,367.90 1,530 20 13,898,10 Problems: Set A 371 Tess Outstanding checks Check Number 2451 2470 Check Amount $ 1.260.40 720.10 844.50 436.RO 1050.00 4.301.00 $ 9506.10 Aljaske prank The acjuxtel coastale prank aprel with the cash lan peruskal Och 31. The November bank will the killing checks and clexis Rank Statement Da 11. 112 Check Numhur 2470 2474 2475 2476 2477 2479 2480 248: 2480 11.10 Deuils Dala Amon 11-1 $ 1,530.20 11 4 1,211.00 11. 990.10 2,575.00 1.472 70 11-21 2,04500 11-25 2.567 30 11.25 1,650.00 11 30 1,186 DO Total $16,127.00 $ 720.10 84450 1 000 100 283000 60000 1.750.00 1,300.00 195.10 375.30 900.00 $12.920.20 11-15 1129 Total The cash records per hooks for November showed the following. Cash Payments Journal Dale Number Amount Dale Number 2475 $1,640.70 11-20 2483 11-2 2476 2.830.00 11-22 2454 11-2 2477 11-23 2485 2478 538.70 11-24 2486 2479 1.705.00 11-29 2487 11-10 2480 1.330.00 11-30 2488 11-15 24N1 Total 11-18 2492 612.00 Amennt s 575.50 $29.50 974,80 900.00 398,00 800.00 $14.429.10 Cash Recipes Journal Date Amount 11-3 $ 1,211.60 990.10 11-12 2,575.00 11-17 1.472.70 11 20 2,954.00 11-24 2.567 30 11-27 1.650.00 11-29 1,186 00 11-30 1.218.00 Total $15.824.70 The bank statement contained two bank memoranda: Acredit of $2.242 for the collection of a $2,100 note for Hunsaker Company plus in terest of $157 and less a collection fee of 315. Hunsaker Company has not accrued any interest on the note 2. A debit for the printing of additional company checks $85 372 Chapter 7 Fraud Internal Control, and Cash LS At November 30 the cash balance per books was $10.991.90 and the cash balance per bank statement was $17,716.00. The bank did not make any errors, but Hunsaker Company made two CITOS. Trylractice (3) Diving the car les in the million pelunckxribal 345-346 praktilistical Number 10, 2010 (b) Prepare the leading Entries France con the meclision. (Nile The com y Cining to ling kell bem o Ax Payable. The correction of any errors relating to recording cash receipts should be made to Ac counts Receivable.) 21 Catal Inicio (A) Prepare the bank reconciliation as of July 31. (b) Propee the necessary adjusting entries at July 31 P7-4A The bank portion of the bank reconciliation for Hunsaker Company at October 31, 2010 is shown here and on the next page Prepare a brak ru HAN du HUNSAKER COMPANY Bank Reconciliation October 31, 2010 Cash balance per bank Add: Deposits in transit $12.367.90 1,530.20 13,898.10 Problems: Set A 371 Less: Outstanding checks Check Number 2451 2471 Check Amount $ 1.260.40 720.10 844 50 426.80 1.050.00 Adjusted cash balance per bank 4.301.80 9,596,30 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits Date 113 Bank Statement Checks Deposits Number Amount Date Amount 2470 720.10 $ 1.530.20 2471 814.50 1.211.00 2474 1.050.00 990.10 2475 1640.70 2,575.00 2.830.00 1.472.70 600.00 11-21 2,945.00 2479 1,750.00 11 25 2.567.30 1,330.00 112 1,650.00 2451 695,40 11.30 1.186.00 24R1 575.50 Total 2456 $16.127.90 900.00 Total $12.936.20 2476 3477 11-15 11-18 11 22 11-30 11-29 The cash rexurcle per il lor Number show the following Cash Payments Journal Dal Numhur Aminant Tel Number Aminant 11.1 2475 S1,640.70 11-20 2:41 575.50 11-2 2476 2,830.00 11-22 2484 429.50 11-2 600.00 245 974. 11-4 2478 53.20 11-24 900.00 2479 1.705.00 39.00 2480 1.330.00 11-30 800.00 2481 695.00 Total $14,429.10 2482 612.00 Cash Recipes Journal Date Amount 11-3 $ 1,211.60 990.10 11-12 2,575.00 1.472.70 11-20 2,954.00 11-24 2.567.90 11-27 1,650.00 11-29 1.180.00 11-30 1,218.00 Total $15,824.70 11-29 The bank statement contained the bank memoranda 1. Acredit of $2,242 for the collection of a $2,100 note for Hunsaker Company plus in- terest of $157 and less a collection fee of SIS. Hunsaker Company has not accrued any interest on the note. 2. A debit for the printing of additional company checks $85. 372 Chapter 7 Fraud, Internal Control and Cash 1 sl 311940 At November 30 the cash balance per books was $10.991.90 and the cash balance per hank statement was $17,716.60. The bank did not make any erroes, bur Hunsaker Company made two errors. Instructions (a) Using the four steps in the reconciliation procedure described on papes 345-340. prepare a bank reconciliation at November 30, 2010. (b) Prepare the adjusting entries based on the reconciliation (Note: The comection of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any CITUS relating to recording cash receipts should be made to do counts Receivable) Papars M Ark ANikarius uni alin is iram 17:44 The bank portion of the bank reconciliation for Hunsaker Company at October 21, 2010, is shown here and on the next page. 308 HUNSAKER COMPANY Bank Reconciliation October 31, 2010 Cash balance pe bank Add: Deposits in unit $12,367.90 1,530 20 13,898,10 Problems: Set A 371 Tess Outstanding checks Check Number 2451 2470 Check Amount $ 1.260.40 720.10 844.50 436.RO 1050.00 4.301.00 $ 9506.10 Aljaske prank The acjuxtel coastale prank aprel with the cash lan peruskal Och 31. The November bank will the killing checks and clexis Rank Statement Da 11. 112 Check Numhur 2470 2474 2475 2476 2477 2479 2480 248: 2480 11.10 Deuils Dala Amon 11-1 $ 1,530.20 11 4 1,211.00 11. 990.10 2,575.00 1.472 70 11-21 2,04500 11-25 2.567 30 11.25 1,650.00 11 30 1,186 DO Total $16,127.00 $ 720.10 84450 1 000 100 283000 60000 1.750.00 1,300.00 195.10 375.30 900.00 $12.920.20 11-15 1129 Total The cash records per hooks for November showed the following. Cash Payments Journal Dale Number Amount Dale Number 2475 $1,640.70 11-20 2483 11-2 2476 2.830.00 11-22 2454 11-2 2477 11-23 2485 2478 538.70 11-24 2486 2479 1.705.00 11-29 2487 11-10 2480 1.330.00 11-30 2488 11-15 24N1 Total 11-18 2492 612.00 Amennt s 575.50 $29.50 974,80 900.00 398,00 800.00 $14.429.10 Cash Recipes Journal Date Amount 11-3 $ 1,211.60 990.10 11-12 2,575.00 11-17 1.472.70 11 20 2,954.00 11-24 2.567 30 11-27 1.650.00 11-29 1,186 00 11-30 1.218.00 Total $15.824.70 The bank statement contained two bank memoranda: Acredit of $2.242 for the collection of a $2,100 note for Hunsaker Company plus in terest of $157 and less a collection fee of 315. Hunsaker Company has not accrued any interest on the note 2. A debit for the printing of additional company checks $85 372 Chapter 7 Fraud Internal Control, and Cash LS At November 30 the cash balance per books was $10.991.90 and the cash balance per bank statement was $17,716.00. The bank did not make any errors, but Hunsaker Company made two CITOS. Trylractice (3) Diving the car les in the million pelunckxribal 345-346 praktilistical Number 10, 2010 (b) Prepare the leading Entries France con the meclision. (Nile The com y Cining to ling kell bem o Ax Payable. The correction of any errors relating to recording cash receipts should be made to Ac counts Receivable.) 21 Catal Inicio (A) Prepare the bank reconciliation as of July 31. (b) Propee the necessary adjusting entries at July 31 P7-4A The bank portion of the bank reconciliation for Hunsaker Company at October 31, 2010 is shown here and on the next page Prepare a brak ru HAN du HUNSAKER COMPANY Bank Reconciliation October 31, 2010 Cash balance per bank Add: Deposits in transit $12.367.90 1,530.20 13,898.10 Problems: Set A 371 Less: Outstanding checks Check Number 2451 2471 Check Amount $ 1.260.40 720.10 844 50 426.80 1.050.00 Adjusted cash balance per bank 4.301.80 9,596,30 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits Date 113 Bank Statement Checks Deposits Number Amount Date Amount 2470 720.10 $ 1.530.20 2471 814.50 1.211.00 2474 1.050.00 990.10 2475 1640.70 2,575.00 2.830.00 1.472.70 600.00 11-21 2,945.00 2479 1,750.00 11 25 2.567.30 1,330.00 112 1,650.00 2451 695,40 11.30 1.186.00 24R1 575.50 Total 2456 $16.127.90 900.00 Total $12.936.20 2476 3477 11-15 11-18 11 22 11-30 11-29 The cash rexurcle per il lor Number show the following Cash Payments Journal Dal Numhur Aminant Tel Number Aminant 11.1 2475 S1,640.70 11-20 2:41 575.50 11-2 2476 2,830.00 11-22 2484 429.50 11-2 600.00 245 974. 11-4 2478 53.20 11-24 900.00 2479 1.705.00 39.00 2480 1.330.00 11-30 800.00 2481 695.00 Total $14,429.10 2482 612.00 Cash Recipes Journal Date Amount 11-3 $ 1,211.60 990.10 11-12 2,575.00 1.472.70 11-20 2,954.00 11-24 2.567.90 11-27 1,650.00 11-29 1.180.00 11-30 1,218.00 Total $15,824.70 11-29 The bank statement contained the bank memoranda 1. Acredit of $2,242 for the collection of a $2,100 note for Hunsaker Company plus in- terest of $157 and less a collection fee of SIS. Hunsaker Company has not accrued any interest on the note. 2. A debit for the printing of additional company checks $85. 372 Chapter 7 Fraud, Internal Control and Cash 1 sl 311940 At November 30 the cash balance per books was $10.991.90 and the cash balance per hank statement was $17,716.60. The bank did not make any erroes, bur Hunsaker Company made two errors. Instructions (a) Using the four steps in the reconciliation procedure described on papes 345-340. prepare a bank reconciliation at November 30, 2010. (b) Prepare the adjusting entries based on the reconciliation (Note: The comection of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any CITUS relating to recording cash receipts should be made to do counts Receivable)