UITLLLLL Las The bank portion of the bank reconciliation for Wildhorse Co. at October 31, 2022, is shown below. WILDHORSE CO. Bank Reconciliation October 31, 2022 Cash balance per bank $12,567.90 Add: Deposits in transit 1,530.20 14,098.10 Less: Outstanding checks Check Number Check Amount 2451 $ 1,260.40 2470 684.20 2471 844.50 2472 427.80 2474 1,050.00 4,266.90 Adjusted cash balance per bank $9,831.20 DU Sun 7:01 re.com/courses/1946955/assignments/10342513 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits. Bank Statement Checks Deposits Date Number Amount Date Amount 11-1 2470 $ 684.20 11-1 $ 1.530.20 2471 11-2 11-5 11-4 2474 844.50 1,050.00 1,640.70 11-4 11-8 11-13 2475 1,211.60 990.10 2,575.00 1,472.70 2,392.00 2,945.00 11-8 2476 2477 11-10 11-15 2,830.00 600.00 1.720.00 11-18 11-19 EFT 11-21 2479 11-18 2480 1,330.00 11-25 11-27 2481 695.40 11-28 1,650.00 1,186.00 11-28 SC 990.10 575.50 11-30 Total 11-30 2483 18,519.90 11-29 2486 940.00 Total $13.900.40 mework x + acture.com/courses/1946955/assignments/10342513 The cash records per books for November showed the following. Cash Payments Journal Cash Receipts Journal Date Number Amount Date Number Amount Date Amount 11-1 2475 $1,640.70 11-20 2483 $575.50 11-3 2476 2,830.00 11-22 2484 824.40 11-7 $1.211.60 990.10 2.575.00 1.472.70 2477 11-23 974.80 11-12 600.00 538.20 2485 2486 2478 11-24 9 40,00 11-2 11-2 11-4 11-8 11-10 11-15 11-18 11-17 11-20 2479 1,702,00 11-29 2487 3 98.00 800.00 2,954.00 2,567.30 1,330.00 11-30 2488 2480 2481 2482 11-24 11-27 Total $14.461.00 1,650.00 695.40 612.00 11-29 1.186.00 11-30 1,504.00 Total 16,110.70 The bank statement contained two bank memoranda: 1 Acredit of $2,392.00 for the collection from a customer for Wildhorse Co. of an electronic funds transfer. 2. A debit for the printing of additional company checks $990.10. instructure.com/courses/1946955/assignments/10342513 WILDHORSE CO. Bank Reconciliation November 30, 2022 Cash balance statement : 3 Deposits in transit Less : Outstanding checks Edit View History Bookmarks People Window Help 50% Sun 7:02 PM structure.com/courses/1946955/assignments/10342513 Less :: Outstanding checks dit View History Bookmarks People Window Help mework X + 50% Sun 7:02 PM ructure.com/courses/1946955/assignments/10342513 eTextbook and Media List of Accounts Prepare the adjusting entries based on the reconciliation. (Note: The correction of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any errors relating to recording cash receipts should be made to Accounts Receivable) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places. e. 5.275 50.) Date Account Titles and Explanation Debit Credit Nov 30 40% D Sun 7:02 PM ture.com/courses/1946955/assignments/10342513 Prepare the adjusting entries based on the reconciliation. (Note: The correction of any errors pertaining to recording checks should be made to Accounts Payable. The correction of any errors relating to recording cash receipts should be made to Accounts Receivable) Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places 5275 50.) Date Account Titles and Explanation Debit Credit Nov 30 (To record electronic funds transfer received by bank) Nov 30 (To record charge for printing company checks) Nov 30 (To correct error in recording check) Nov 30 (To correct error in deposit)
