Date June 1 6 1 2 3. 6 5. 8 9 10 10 23 28 30 PREMIER BANK Statement of Account-Cookie Creations Inc. June 30, 2024 dditional information: Explanation Balance Deposit Chack #600 Check #601 Chack #602 Deposit NSF check NSF-fee Chack #603 Deposit EFT-Telus Chack #599 Bank charges Checks and Other Debits 625 95 56 100 35 452 85 361 13 Deposits 750 1,050 125 Balance 3,256 4,006 3,381 3,285 3,230 4180 4,145 3,693 3,818 3,733 3,372 3,359 On May 31, there were two outstanding checks: #595 for $238 and #599 for $361. Premier Bank made a posting error to the bank statement check #603 was issued for $425, not $452. The deposit made on June 20was for $125 that Natalie received for teaching a class. Natalie made an error in recording this transaction. The electronic funds transfer (EFT) was for Natalie's cell phone use. Remember that she uses this phone only for business The NSF check was from Ron Black Natalie received this check for teaching a class to Ron's children. Natalie contacted Ron and he assured her that she will receive a check in the mail for the outstanding amount of the invoice and the NSF bank
Date June 1 6 1 2 3. 6 5. 8 9 10 10 23 28 30 PREMIER BANK Statement of Account-Cookie Creations Inc. June 30, 2024 dditional information: Explanation Balance Deposit Chack #600 Check #601 Chack #602 Deposit NSF check NSF-fee Chack #603 Deposit EFT-Telus Chack #599 Bank charges Checks and Other Debits 625 95 56 100 35 452 85 361 13 Deposits 750 1,050 125 Balance 3,256 4,006 3,381 3,285 3,230 4180 4,145 3,693 3,818 3,733 3,372 3,359 On May 31, there were two outstanding checks: #595 for $238 and #599 for $361. Premier Bank made a posting error to the bank statement check #603 was issued for $425, not $452. The deposit made on June 20was for $125 that Natalie received for teaching a class. Natalie made an error in recording this transaction. The electronic funds transfer (EFT) was for Natalie's cell phone use. Remember that she uses this phone only for business The NSF check was from Ron Black Natalie received this check for teaching a class to Ron's children. Natalie contacted Ron and he assured her that she will receive a check in the mail for the outstanding amount of the invoice and the NSF bank
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Instructions: Prepare Cookie Creations' bank reconciliation for June 2024. (List items that increase as per bank first). Everything needed is inclulded in this problem!!
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