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The cade Boarding 200 astow The Cashmunce ST 3 0 2000 Outstanding the month concilio wearethe1210 2110 and October 2006 on Dec.2020 Bisbank the view
The cade Boarding 200 astow The Cashmunce ST 3 0 2000 Outstanding the month concilio wearethe1210 2110 and October 2006 on Dec.2020 Bisbank the view the otheconciliation Chequebook pn we Cash Receipts (Posting reference is CR) Cash Payments (Posting reference is CP) Cheque No. Cash Credit 1221 $ 1,850 Date Cash Debit Nov. 5 $ 3,450 7 490 1222 1,175 13 1,723 1223 445 15 1,150 1224 140 ptractin 19 465 1225 855 24 880 1226 120 2,750 1227 4,600 30 $ Total 10,908 1228 1229 1,400 335 3.150 1230 Bank statement Bank Statement for November 2020 Description Withdrawals Deposits 12 Date Balance Balance Forward 19,000 Nov 01 2,500 Nov 01 885 Novo 21.500 22,385 25,835 25,400 3,450 Nov 06 435 Nov 08 1,850 Deposit EFT Rent Collection Deposit NSF Cheque Chq#001221 Deposit Cha#001222 Cha#001223 Deposit Chq#001224 Deposit Nov 09 490 Nov 10 Nov 13 bls. A 1,175 445 23,550 24,040 22,865 22,420 24.143 24,003 Nov. 14 1,723 Nov. 14 140 Nov 15 1.150 Nov 15 25,153 EFT Insurance 305 Nov 19 24.848 Deposit 465 Nov. 20 25,313 Chq#001225 855 Nov 22 24,458 Deposit 880) Nov 25 25,338 Ch#001226 120 Nov 29 25,218 Ch#001227 4,985 Nov. 30 20,233 Bank Collection 1,460 Nov 30 21,693 Ch#001219 505 Nov 30 21,188 Service Charge 30 Nov 30 21.158 10,845 13,003 Explanations EFT_electronic funds transfer, NSF-nonsufficient funds a. The EFT deposit was a receipt of monthly rent. The EFT debit was payment for monthly insurance b. The NSF cheque was received late in October from a customer c. The $1,460 bank collection of a note receivable on November 30 included $250 interest revenue d. The correct amount of cheque #1227, a payment on account is $4.985. (The Boardwalk Bowling accountant mistakenly recorded the cheque for $4,600) Requirement 1. Prepare the bank reconciliation of Boardwalk Bowling at November 30, 2020 Prepare the bank section of the bank reconciliation, and then prepare the book section of the bank reconciliation (Use par Boardwalk Bowling Bank Reconciliation November 30, 2020 BANK Add Less Cheque No Bank Reconciliation November 30, 2020 BOOKS ho Add Less: The cade Boarding 200 astow The Cashmunce ST 3 0 2000 Outstanding the month concilio wearethe1210 2110 and October 2006 on Dec.2020 Bisbank the view the otheconciliation Chequebook pn we Cash Receipts (Posting reference is CR) Cash Payments (Posting reference is CP) Cheque No. Cash Credit 1221 $ 1,850 Date Cash Debit Nov. 5 $ 3,450 7 490 1222 1,175 13 1,723 1223 445 15 1,150 1224 140 ptractin 19 465 1225 855 24 880 1226 120 2,750 1227 4,600 30 $ Total 10,908 1228 1229 1,400 335 3.150 1230 Bank statement Bank Statement for November 2020 Description Withdrawals Deposits 12 Date Balance Balance Forward 19,000 Nov 01 2,500 Nov 01 885 Novo 21.500 22,385 25,835 25,400 3,450 Nov 06 435 Nov 08 1,850 Deposit EFT Rent Collection Deposit NSF Cheque Chq#001221 Deposit Cha#001222 Cha#001223 Deposit Chq#001224 Deposit Nov 09 490 Nov 10 Nov 13 bls. A 1,175 445 23,550 24,040 22,865 22,420 24.143 24,003 Nov. 14 1,723 Nov. 14 140 Nov 15 1.150 Nov 15 25,153 EFT Insurance 305 Nov 19 24.848 Deposit 465 Nov. 20 25,313 Chq#001225 855 Nov 22 24,458 Deposit 880) Nov 25 25,338 Ch#001226 120 Nov 29 25,218 Ch#001227 4,985 Nov. 30 20,233 Bank Collection 1,460 Nov 30 21,693 Ch#001219 505 Nov 30 21,188 Service Charge 30 Nov 30 21.158 10,845 13,003 Explanations EFT_electronic funds transfer, NSF-nonsufficient funds a. The EFT deposit was a receipt of monthly rent. The EFT debit was payment for monthly insurance b. The NSF cheque was received late in October from a customer c. The $1,460 bank collection of a note receivable on November 30 included $250 interest revenue d. The correct amount of cheque #1227, a payment on account is $4.985. (The Boardwalk Bowling accountant mistakenly recorded the cheque for $4,600) Requirement 1. Prepare the bank reconciliation of Boardwalk Bowling at November 30, 2020 Prepare the bank section of the bank reconciliation, and then prepare the book section of the bank reconciliation (Use par Boardwalk Bowling Bank Reconciliation November 30, 2020 BANK Add Less Cheque No Bank Reconciliation November 30, 2020 BOOKS ho Add Less
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