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The following is information for Dundee Realty: a. Balance per the bank statement dated October 31,2023 , is $27,642. b. Balance of the Cash account
The following is information for Dundee Realty: a. Balance per the bank statement dated October 31,2023 , is $27,642. b. Balance of the Cash account on the company books as oftober 31,2023 , is $5,610. c. $14,750 of customer deposits were outstanding as of September 30; this amount had been deposited to Dunder October. d. Cheques written in October that had not cleared the bank as of October 31 were: #8700,$992#8709,$12,670#8801,$690#8815,$152. e. The bank charged Dundee's account for a $2,385 cheque of the E-Zone Networks; the cheque was found among the cancelled cheques returned with the bank statement. f. Bank service charges for October amount to $72. g. A customer's cheque (Teresa Krant) for $8,040 had been deposited in the bank correctly but was recorded in the accounting records as $8,400 h. Among the cancelled cheques is one for $360 given in payment of an account payable to Decker Company; the bookkeeper had recorded the cheque incorrectly at $630 in the company records. i. The bank statement showed an electronic fund transfer of $23,650 for a customer payment. A bank service fee of $85 was charged. j. A bank deposit of October 31 for $13,490 does not appear on the bank statement. Required: 1. Prepare a bank reconciliation statement as of October 31>0>2 2. Prepare the necessary entries to make the Cash account agree with the bank reconciliation adjusted Cash balance as of October 31 Journal entry worksheet 4 Record the October bank charges. Note: Enter debits before credits
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