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Question 4 Not yet answered Marked out of 10.00 Flag question PLEASE SAVE YOUR PROGRESS REGULARLY PLEASE DO NOT INCLUDE $ SIGNS (OR OTHER CHARACTERS)
Question 4 Not yet answered Marked out of 10.00 Flag question PLEASE SAVE YOUR PROGRESS REGULARLY PLEASE DO NOT INCLUDE $ SIGNS (OR OTHER CHARACTERS) IN YOUR NUMERIC RESPONSES On November 30, 2020, Swinton Ltd. reported a cash balance of $3,345; however, the bank statement reported a balance of $10,860. Swinton suspects the following items could explain the difference: $ Cheques written in November, but still outstanding Cheques written in October, but still outstanding Deposit made on November 30th after business hours Non-sufficient fund (NSF) cheque from customer Bank service charge for November Electronic collections 6,000 2,800 6,100 700 50 6,150 Furthermore, Swinton noticed the following errors on cheques issued: 1. Cheque #567 for $594 was falsely entered into the general ledger as $549 2. Cheque #598 for $284 was falsely processed by the bank as $824 Please prepare the November 30, 2020 bank reconciliation for Swinton Ltd. Please round your responses to the nearest whole number. Please note reductions in a balance as negative. For example, if the cash balance per bank decreases by $40,000, please enter -40000. DO NOT USE PARENTHESES. Swinton Ltd. Bank Reconciliation November 30, 2020 Cash balance per bank Reconciling items: November outstanding cheques October outstanding cheques Deposit after business hours NSF cheque Bank service charge Electronic collections Error on Cheque 567 Error on Cheque 598 No Entry bank Cash balance per books Reconciling items: . ? . Adjusted cash balance per books
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