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The cash data of Dunlap Automotive for June 2016 follow: (Click the icon to view the checkbook.) Dunlap Automotive received the following bank statement on June 30, 2016: Click the icon to view the bank statement.) Click the icon to view the additional data for the bank reconciliation.) Read the requirements, Requirement 1. Prepare the Dunlap Automotive bank reconciliation at June 30, 2016. Prepare the Bank side of the bank reconciliation, then prepare the Book side of the bank reconciliation. (Include the balances at June 30 in each of the addition subtotal calculations. If a box is not used in the table, leave the box empty, do not select a label or enter a zero.) Dunlap Automotive Bank Reconciliation June 30, 2018 Bank: Add: Subtotal Check No. Choose from any list or enter any number in the input fields and then continue to the next question. ? The cash data of Dunlap Automotive for June 2016 follow: B (Click the icon to view the checkbook.) Dunlap Automotive received the following bank statement on June 30, 2016: (Click the icon to view the bank statement.) (Click the icon to view the additional data for the bank reconciliation.) Read the requirements Journal Entry Date Accounts Debit Credit Jun 30 Requirement 3. Describe how a bank account and the bank reconciliation help the general manager control Dunlap Automotive's cash. A bank account helps control cash by: (Select all statements that apply. If a box is not used in the table, leave the box empty; do not select a label.) do not select a label.) detecting all instances of theft. detecting errors in posting collections to accounts receivable. ensuring that the bank and book records of cash are correct. ensuring that the company accounts for all its cash transactions providing a place for safekeeping. providing a detailed list of cash transactions that managers can compare to the books to detect errors Choose from any list or enter any number in the input fields and then continue to the next question. ? Data Table Data Table Cash $ 7,450 Account No. 101 Balance Beginning balance Deposits and other additions: Date Item Jrnl. Ref. Debit Credit June 1 Balance June 1 $ 625 EFT 7,450 16,928 30 CR 6 4 9,478 2,930 30 CP 11 10,397 6,531 9 532 12 1,696 Cash Receipts (CR) Cash Payments (CP) 17 837 Date Cash Debit Check No. Cash Credit 22 355 June 2$ 2,930 3113 1,509 1,275 BC 23 8,250 8 532 3114 1,869 Checks and other deductions: 10 1,696 3115 1,830 June 7 $ 1,509 16 837 3116 87 13 1,380 22 355 3117 871 14 489 US 29 885 3118 149 15 1,869 30 2,243 3119 453 18 87 S 9,478 Total 3120 1,013 21 382 EFT 3121 208 26 871 2,408 3122 30 149 $ 10,397 30 30 SC (6,766) Total Print Done Print Done
