Checks Balance 18,500 Date Deposits Other une 1 3 440 18,060 4 1,200 16,860 16,360 15,160 8 500 10 1,200 13 250 10,000 24,910 20 80 NSF 840 23,990 49,190 48,840 22 9,800 35,000 26 350 27 4,600 44,240 700 17,000 60,540 30 920 Serv. Charge 50 59,570 Interest Earned 30 600 30 59.000 Cash June 1 Bal. 18,500 June 13 deposit June 22 deposit June 29 deposit June 30 deposit 10,000 440 Check #100 35,000 1,200 Check #101 17,000 500 Check #102 28,000 1,200 Check #103 250 Check #104 80 Check #105 9,800 Check #106 350 Check #107 4,600 Check #108 770 Check #109 4,900 Check #110 700 Check #111 920 Check #112 600 Check #113 Sheet 1
Checks Balance 18,500 Date Deposits Other une 1 3 440 18,060 4 1,200 16,860 16,360 15,160 8 500 10 1,200 13 250 10,000 24,910 20 80 NSF 840 23,990 49,190 48,840 22 9,800 35,000 26 350 27 4,600 44,240 700 17,000 60,540 30 920 Serv. Charge 50 59,570 Interest Earned 30 600 30 59.000 Cash June 1 Bal. 18,500 June 13 deposit June 22 deposit June 29 deposit June 30 deposit 10,000 440 Check #100 35,000 1,200 Check #101 17,000 500 Check #102 28,000 1,200 Check #103 250 Check #104 80 Check #105 9,800 Check #106 350 Check #107 4,600 Check #108 770 Check #109 4,900 Check #110 700 Check #111 920 Check #112 600 Check #113 Sheet 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Prepare a bank reconsilition statment for June using the bank statment and t-account above and the information below.
Transcribed Image Text:Required:
Prepare a bank reconciliation for June using the bank statement and T-account above and the information belov
Additional information:
There were no deposits in transit or outstanding checks at May 31.
Note: Columns C and F must be entered as positive values. In columns B & E, use cell references
to the appropriate items from the list below. List "Deductions" in chronological order (earliest item first).
Bank Error
NSF Check
Outstanding Checks
Recording Error
Service Charge
Deposits in Transit
EFT from Customer
Interest Earned
SUPERIOR PRINTING COMPANY
Bank Reconciliation
At June 30
Updates to Bank Statement
Updates to Company's Books
Book balance
|Additions:
Bank statement balance
Additions:
Deductions:
Deductions:
Adjusted bank balance
Adjusted book balance
Transcribed Image Text:Excel SIM: Preparing a bank reconciliation.
1. Prepare a bank reconciliation using a company's bank statement and cash account.
区 日ら
Preparing a bank reconciliation. - Excel
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FILE
НОМE
INSERT
PAGE LAYOUT
FORMULAS
DATA
REVIEW
VIEW
Sign In
Calibri
11
A A
%
Alignment Number Conditional Format as
Formatting Table Styles
в I U
Cell
Paste
- A
Cells
Editing
-
Clipboard
Font
Styles
F1
fe
A
B
C
D
E
F
G
H
I
Deposits
Other
4.
Date
Checks
Balance
18,500
18,060
5
June 1
6.
3
440
7
4
1,200
16,860
8
8
500
16,360
9
10
1,200
15,160
10
13
250
10,000
24,910
11
20
80
NSF
840
23,990
12
22
9,800
35,000
49,190
13
26
350
48,840
14
27
4,600
44,240
15
29
700
17,000
60,540
16
30
920
Serv. Charge
50
59,570
Interest
17
30
600
30
59,000
Earned
18
19
Cash
20
June 1 Bal.
18,500
June 13 deposit
June 22 deposit
June 29 deposit
June 30 deposit
21
10,000
440
Check #100
22
35,000
1,200 Check #101
23
17,000
500 Check #102
24
28,000
1,200 Check #103
25
250 Check #104
26
80 Check #105
27
9,800 Check #106
28
350 Check #107
29
4,600 Check #108
30
770 Check #109
31
4,900 Check #110
32
700 Check #111
33
920 Check #112
600 Check #113
34
Sheet 1
...
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