LOS E7-3B. Bank Reconciliation Use the following information to prepare a bank reconciliation for Dylan Com- pany at April 30: 1. Balance per Cash account, April 30, $6,042.10. 2. Balance per bank statement, April 30, $6,428.28. 3. Deposits not reflected on bank statement, $575. 4. Outstanding checks, April 30, $1,340.18. 5. Service charge on bank statement not recorded in books, S19. 6. Error by bank-Dillard Company check charged on Dylan Company's bank statement, S450. 7. Check for advertising expense, $230, incorrectly recorded in books as S320.
LOS E7-3B. Bank Reconciliation Use the following information to prepare a bank reconciliation for Dylan Com- pany at April 30: 1. Balance per Cash account, April 30, $6,042.10. 2. Balance per bank statement, April 30, $6,428.28. 3. Deposits not reflected on bank statement, $575. 4. Outstanding checks, April 30, $1,340.18. 5. Service charge on bank statement not recorded in books, S19. 6. Error by bank-Dillard Company check charged on Dylan Company's bank statement, S450. 7. Check for advertising expense, $230, incorrectly recorded in books as S320.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5DQ
Related questions
Question
Please solve the question with a detailed explanation
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
Corporate Financial Accounting
Accounting
ISBN:
9781305653535
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
Corporate Financial Accounting
Accounting
ISBN:
9781305653535
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,