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Thank you!!! Unciliation at April 30 the necessary journal entries to b. Prepare with the adjusted balance on the bank reconciliation bring the general ledger
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Unciliation at April 30 the necessary journal entries to b. Prepare with the adjusted balance on the bank reconciliation bring the general ledger Cash account into 1. Adjusted book balance $32,439 CHECK FIGURE:1 was available to reconcile Montrose Company's book t balance as of October 31, 2017 balance of Cash with its eall posting was completed on October 31, the debit balance, but its bank company's Cash account had a $13,254 statement showed a $20,436 balance. #296 for $1,340 and 07 for $12.809 were outstanding on the September 30 bank but cheque reconciliation. Cheque #307 was returned with the October cancelled cheques, #296 was not. It was also found that cheque #315 for S897 and cheque written in October, were not among the cancelled cheques In comparing the cancelled cheques returmed by the bank with th records, it was found that cheque #320 for the October rent was correctly written for S3070 but was erroneously entered in the accounting records as $3,700. A credit memo enclosed with the bank statement indicated that there was an electronic fund transfer related to a customer payment for $22,000. A $120 bank service charge was deducted This transaction was not recorded by Montrose before receiving the bank statement #321 for $2,010, both returned with the statement. e entries in the accounting e. d
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