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The following data were gathered to use in reconciling the bank account of Eves Company: Balance per bank $9,475 Balance per company records 8,630 Bank
The following data were gathered to use in reconciling the bank account of Eves Company:
Balance per bank | $9,475 |
Balance per company records | 8,630 |
Bank service charges | 25 |
Deposit in transit | 2,560 |
NSF check | 1,860 |
Outstanding checks | 5,290 |
Instructions | |
A. | What is the adjusted balance on the bank reconciliation? |
B. | On March 1, journalize any necessary entries for Eves Company based on the bank reconciliation. Refer to the Chart of Accounts for exact wording of account titles. |
A. What is the adjusted balance on the bank reconciliation? ____________
CHART OF ACCOUNTS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Eves Company | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
General Ledger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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B. On March 1, journalize any necessary entries for Eves Company based on the bank reconciliation. Refer to the Chart of Accounts for exact wording of account titles.
PAGE 1
JOURNAL
DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | |
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1 |
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2 |
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3 |
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