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The bank portion of the bank reconciliation for Kingbird, Inc. at October 31, 2022, is as follows. Kingbird, Inc. Bank Reconciliation October 31, 2022 Cash
The bank portion of the bank reconciliation for Kingbird, Inc. at October 31, 2022, is as follows. Kingbird, Inc. Bank Reconciliation October 31, 2022 Cash balance per bank $12,207.90 Add: Deposits in transit 1,650.20 13,858.10 Less: Outstanding checks Check Number Check Amount 2451 $ 1,060.40 2470 624.20 2471 1,024.50 2472 466.80 2474 1.250.00 4,425.90 Adjusted cash balance per bank $9.432.20 The adjusted cash balance per bank agreed with the adjusted cash balance per books at October 31. All necessary journal entries were made at the end of October. The November bank statement showed the following checks and deposits Bank Statement Checks and Debits Deposits and Credits Date Number Amount Date Amount 11-1 2470 $624.20 11-1 $1,650.20 11-2 2471 1,024.50 11-4 1,191.60 11-5 2474 1,250.00 11-8 910.10 2475 1,680.70 11-13 2,655.00 11-8 2476 2,900.00 11-18 1,552.70 11-10 2477 600.00 11-19 EFT 2.212.00 11-15 2479 1.790.00 11-21 2.845.00 11-18 2480 1,450,00 11-25 2.607.30 11-27 2481 635.40 11-28 1.670.00 11-28 SC 85.00 11-30 1,166.00 11-30 2483 595.50 Total 18,459.90 11-29 2486 1.120.00 11-29 2486 1,120.00 Total $13,755.30 The cash records per books for November showed the following. Cash Payments Cash Receipts Date Number Amount Date Number Amount Date Amount 11-1 2475 $1,680.70 11-20 2483 $ 595.50 11-3 $1,191.60 2476 2.900.00 11-22 2484 839.50 910.10 112 2477 600.00 11-23 2485 974.80 11-12 2.655.00 11-4 2478 568.20 2486 1.120.00 11-17 1.552.70 11-8 1.745.00 11-29 2487 348.00 2,854.00 11-10 1.450.00 11-30 2488 820.00 11-24 2.607.30 11-15 2481 635.40 Total $14,869.10 11-27 1.670.00 2482 592.00 11-29 1.166.00 11-30 1.304.00 Total $15.910.70 The November bank statement contained two bank memoranda: 1. A credit of $2,212.00 for the collection for Kingbird, Inc. of an electronic funds transfer. 2. A debit for the printing of additional company checks $85.00. At November 30, the cash balance per books was $10,473.80 and the cash balance per the bank statement was $16.912.50. The bank did not make any errors, but Kingbird, Inc. made two errors. Cash balance perbank statement Add V Deposits in transit les Outstanding checks Na 2451 $ > v
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