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The Blanks are bank service charge bank statement- balance book -balance deposit of June 30 -Error on Check number 919 -Outstanding Checks Required information [The
The Blanks are bank service charge bank statement- balance book -balance deposit of June 30 -Error on Check number 919 -Outstanding Checks
Required information [The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $14,398 debit balance and its bank statement shows $14,639 on deposit at the close of business on June 30 . a. Outstanding checks as of June 30 total $2,692. b. The June 30 bank statement lists a $80 bank service charge. c. Check No. 919 , listed with the canceled checks, was correctly drawn for $689 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $698. d. The June 30 cash receipts of $2,380 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Prepare its bank reconciliation using the above informationStep by Step Solution
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