Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Tree Top Company rents canoes for use on local lakes and rivers and also carries and sells T-shirts with its logo printed on them. Tree
Tree Top Company rents canoes for use on local lakes and rivers and also carries and sells T-shirts with its logo printed on them. Tree Top Company has decided to open a new checking account at Woodland Bank during March 2019. Tree Top Company's March Cash T-account for the new cash account from its general ledger is as follows: (Click the icon to view the T-account.) Tree Top Company's bank (Click the icon to view t Read the requirements. $ 0 Beginning Balance, March 1, 2019 Deposits and other credits: Requirement 1. Prepare the bank reconciliation at March 31, 2019. i Data Table Mar. 2 $ 24,000 Tree Top C 14 2,800 Bank Reconciliation for Woodl 21 2,000 Cash-Woodland Bank Checking Account March 31 28 5,000 BANK Mar. 1 Balance 0 29 EFT Crew King* 300 Balance, March 31, 2019 28335 24,000 400 Mar. 2 Ck#101 70 31 Interest Revenue 34,170 ADD: 2,800 4,200 4 Ck#102 2 Deposit 13 Deposit 20 Deposit 27 Deposit 31 Deposit 2,000 300 9 Ck#103 Checks and other debits: Mar. 2 EFT to Superior Ink** Deposit in transit 15 5,000 1,410 14 Ck#104 3 Ck#101 400 3,150 1,400 21 Ck#105 6 Ck#102 205 28 Ck#106 4,200 1,410 LESS: 15 Ck#104 700 30 Ck#107 16 Ck#103 300 Mar. 31 Balance 28,335 28 EFT to Natural Energy*** 340 29 Ck#106 205 Print Done 25 31 Bank service charge (6,895)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started