Given the following information for Carla Vista Company, prepare the adjusting entries needed for its April bank reconciliation: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)Cash balance per books, 4/30 $19,300Deposits in transit 2,650Notes receivable collected by bank (including interest of $240) 9,800Outstanding checks 6,600NSF check from Sunland Company 9,560DateAccount Titles and ExplanationDebitCreditApril 30 (To record collection of note receivable and interest by the bank)April 30 (To record NSF check)

Bank reconciliation:Bank statement is prepared by bank. The company maintains its own records from…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Given the following information for Carla Vista Company, prepare the adjusting entries needed for its April bank reconciliation: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Cash balance per books, 4/30		$19,300
Deposits in transit		2,650
Notes receivable collected by bank (including interest of $240)		9,800
Outstanding checks		6,600
NSF check from Sunland Company		9,560

Date	Account Titles and Explanation	Debit	Credit
April 30


	(To record collection of note receivable and interest by the bank)
April 30

	(To record NSF check)

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