Help please, thank you. Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash pay- Exercise 8-9ments by check. At the close of business on June 30, 2015, its Cash account shows an $11,589 debit bal- Bank reconciliationance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank. Prepare a bank P3reconciliation for Del Gato Clinic using the following information:a. Outstanding checks as of June 30 total $1,829.b. The June 30 bank statement included a $16 debit memorandum for bank services.c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 in payment of a utilitybill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit toCash in the amount of $476.d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hoursand were not recorded on the June 30 bank statement.Check Reconciled bal.$11,582

Answered: Image /qna-images/answer/dc168527-5f12-4dad-930d-f01bcc1c286e.jpg

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash pay- Exercise 8-9 ments by check. At the close of business on June 30, 2015, its Cash account shows an $11,589 debit bal- ance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank. Prepare a bank P3 reconciliation for Del Gato Clinic using the following information: a. Outstanding checks as of June 30 total $1,829. Bank reconciliation b. The June 30 bank statement included a $16 debit memorandum for bank services. c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $476. d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Check Reconciled bal. $11,582

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash pay- Exercise 8-9 ments by check. At the close of business on June 30, 2015, its Cash account shows an $11,589 debit bal- ance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank. Prepare a bank P3 reconciliation for Del Gato Clinic using the following information: a. Outstanding checks as of June 30 total $1,829. Bank reconciliation b. The June 30 bank statement included a $16 debit memorandum for bank services. c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $476. d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Check Reconciled bal. $11,582

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Pleas help
Im having an issue with this problem. Thank you!
Help needed
can you do these two too please ?
I need help solving this
Im having an issue with this problem. Thank you!
PLEASE HELP ASAP!
Hi! Can you help me solve this problem? Thank you
I need help
Define Gift card.
Please help.
I need help solving for r.