Del Gato Clinic’s Cash account shows an $11,589 debit balance and its bank statement shows $10,555 on deposit at the close of business on June 30. Prepare its bank reconciliation using the following information. a. Outstanding checks as of June 30 total $1,829. b. The June 30 bank statement lists a $16 bank service charge. 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.
Del Gato Clinic’s Cash account shows an $11,589 debit balance and its bank statement shows $10,555 on
deposit at the close of business on June 30. Prepare its bank reconciliation using the following information.
a. Outstanding checks as of June 30 total $1,829.
b. The June 30 bank statement lists a $16 bank service charge.
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.
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