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The following information has been gathered for Ivanhoe Security for the month ended September 30, 2024: 1. The bank statement indicates a balance of
The following information has been gathered for Ivanhoe Security for the month ended September 30, 2024: 1. The bank statement indicates a balance of $16,220. 2. The general ledger cash account indicates a balance of $11,550 on September 30, 2024. There was an EFT deposit of $2,650 on the bank statement for the monthly rent from a tenant. 3. 4. The bookkeeper had erroneously recorded a $120 cheque as $1,200. The cheque was to settle the account payable of Barbara Supplies. 5. The bank statement revealed $10 in service charges. 6. Cheques #112 and #107 for $1,360 and $1,490 respectively did not appear on the bank statement. 7. A deposit made on September 29, 2024, for $1,000 did not appear on the bank statement. 8. A bank debit memo indicated an NSF cheque for $900 relating to the account receivable of Theodore Childress. Prepare a bank reconciliation for Ivanhoe Security at September 30, 2024. (List items that increase balance as per bank & books first.) : IVANHOE SECURITY Bank Reconciliation LA +A
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