The cash data of Donald Automotive for December 20x6 foilows Click the icon to view the chequebook) Donald received the following bank statement on December 31, 20X6 Click the icon to view the bank statement) (Click the icon to view the additonal data for the bank reconciliation) Read the requirements Requirement 1. Prepare the Donald Automotive bank reconciliation at December 31, 2036 Prepare the Bank side of the bank reconciliation and then prepare the Book side of the bank reconciliation Include the balances at December 31 l each of the addition subfotat calculations. If a box is not used in the table, leave the box omply, do not let a label or enter a zero) Donald Automotive Bank Reconciliation December 31, 20X6 Bank Add Subtotal Less Cheque No Books Add HI Subtotal Less O of Dof Requirement 2. Describe how a bank account and the bank reconciation help the guneral manager control Donald's cash A bank account is control cash by (Select all statements that apply it a box is not used in the tableave the box emply do not selectabel) Toft am 1 of 1 A bank reconciliation helps control cash by (Select al statements that apply to box is not used in the tableave the box omply do not selectabel 1 of 1 1 of 1 incomple Choose from any list or enter any number in the input fields and then continue to the next question Cash Account No. 101 Date Item Jrnl. Ref. Debit Credit Balance Dec. 1 Balance 7,650 31 CR6 10,071 17,721 31 CP 11 9,972 7,749 Cash Receipts (CR) Cash Payments (CP) Date Cash Debit Cheque No. Cash Credit Dec. 2 $ 2,888 3113 $ 1,487 8 590 3114 1,605 10 1,693 3115 1,830 16 877 3116 23 22 360 3117 832 29 941 3118 171 30 2,722 3119 489 10.071 Total 3120 999 31 CR 6 10,071 17,721 31 CP 11 9,972 7,749 Cash Receipts (CR) Cash Payments (CP) Date Cash Debit Cheque No. Cash Credit Dec. 2 $ 2,888 3113 $ 1,487 8 590 3114 1,605 10 1,693 3115 1,830 16 877 3116 23 22 360 3117 832 29 941 3118 171 30 2,722 3119 489 $ 10,071 Total 3120 999 3121 244 3122 2292 $ Total 9.972 Bank Statement for December 20X6 Beginning balance $ 7,650 Deposits and other additions: December 1 $ 700 EFT 4 2,888 9 590 12 1,693 17 877 22 360 23 1,500 BC 8,608 Cheques and other deductions: December 7 $ 1.487 13 1,380 14 422 US 15 1.605 18 23 heb 17 877 22 360 23 1,500 BC 8,608 Cheques and other deductions December 7 $ 1,487 13 wa 1,380 14 1 : 422 US 15 1,605 18 23 21 398 EFT 26 832 conti 30 171 S 30 10 SC (6 328) $ 9.930 Ending balance Explanation BC-bank collection, EFT-electronic funds transfer US-unauthorized signature SC-service charge - - X More Info select a labe a. b. The EFT deposit was a receipt of monthly rent. The EFT debit was a monthly insurance payment. The unauthorized signature chequiwas received from a customer. The correct amount of cheque number 3115, a payment on account, is $1,380. (Donald's accountant mistakenly recorded the cheque for $1,830.) C. lo not selec Print Done Requirements select a lat 1. Prepare the Donald Automotive bank reconciliation at December 31, 20X6. 2. Describe how a bank account and the bank reconciliation help the general manager control Donald's cash. Print Done o not sele
