I completed a Bank Reconciliation for the Arrowhead company. The next step is creating the adjusting general entries for what's missing on the book. Based of the pictures, what would those be??
I completed a Bank Reconciliation for the Arrowhead company. The next step is creating the adjusting general entries for what's missing on the book. Based of the pictures, what would those be??
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 9PA: Domingo Company received the following bank statement. Using PA9, prepare the bank reconciliation.
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Question
I completed a Bank Reconciliation for the Arrowhead company.
The next step is creating the
Based of the pictures, what would those be??
![Arrowhead Company
Bank Reconciliation
31-Oct-20
Balance per bank statement
10,618.85
Add:
Deposit in Transit
2,381.94
Less:
Outstanding Checks
Check Number
9948
681.95
10102
1,374.12
10107
74.97
10112
27.42
10124
1,427.65
10125
3,721.00
10126
1,912.68
10127
158.37
9,378.16
Correct balance
3,622.63](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F455e458f-ba16-46a2-acf8-0a28017ed524%2F003432cd-41ea-4296-83b4-9f4a61a61395%2F0u7n2mi_processed.png&w=3840&q=75)
Transcribed Image Text:Arrowhead Company
Bank Reconciliation
31-Oct-20
Balance per bank statement
10,618.85
Add:
Deposit in Transit
2,381.94
Less:
Outstanding Checks
Check Number
9948
681.95
10102
1,374.12
10107
74.97
10112
27.42
10124
1,427.65
10125
3,721.00
10126
1,912.68
10127
158.37
9,378.16
Correct balance
3,622.63
![Balance per books
16,785.95
Add:
Deposit error
270.00
Vender Refund -Inventory Purchase
1,750.00
Deposit INT
24.68
2,044.68
Less:
Error (Check 10120)
200.00
Loan payment P.
15,000.00
Service Charge
8.00
15,208.00
Correct balance
3,622.63](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F455e458f-ba16-46a2-acf8-0a28017ed524%2F003432cd-41ea-4296-83b4-9f4a61a61395%2Fvt9q2i_processed.png&w=3840&q=75)
Transcribed Image Text:Balance per books
16,785.95
Add:
Deposit error
270.00
Vender Refund -Inventory Purchase
1,750.00
Deposit INT
24.68
2,044.68
Less:
Error (Check 10120)
200.00
Loan payment P.
15,000.00
Service Charge
8.00
15,208.00
Correct balance
3,622.63
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