Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

there are 4 journal entries. a, b, c, & d Required information The following information applies to the questions displayed below] Del Gato Clinic's cash

there are 4 journal entries. a, b, c, & d image text in transcribed
Required information The following information applies to the questions displayed below] Del Gato Clinic's cash account shows an $14,267 debit balance and its bank statement shows $13,389 on deposit at the close of business on June 30 a. Outstanding checks as of June 30 total $1,235 b. The June 30 bank statement lists a $15 bank service charge c. Check No 919 , listed with the canceled checks, was correctly drawn for $889 in payment of a utility bill on June 15 Del Gato Cinic mistakenly recorded it with a debit to Utities Expense and a credit to Cash in the amount of $898 d. The June 30 cash receipts of $2,107 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. repare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. ote: If no entry is required for o tronsoction/event, select "No journal entry required" in the first occount field. Journal entry worksheet Record the adjusting entry related to outstanding checks, if necessary. Note: Enter debits before credits

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

1. Outline the listening process and styles of listening

Answered: 1 week ago

Question

4. Explain key barriers to competent intercultural communication

Answered: 1 week ago