Required information Use the following information for the Exercises 12-13 below. (Algo) [The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $14,467 debit balance and its bank statement shows $13,990 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,091. b. The June 30 bank statement lists a $40 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 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 $398. d. The June 30 cash receipts of $2,537 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. ercise 6-13 (Algo) Entries from bank reconciliation LO P3 are any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. e: If no entry is required for a transaction/event, select "No journal entry required" in the first account field
Required information Use the following information for the Exercises 12-13 below. (Algo) [The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $14,467 debit balance and its bank statement shows $13,990 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,091. b. The June 30 bank statement lists a $40 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 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 $398. d. The June 30 cash receipts of $2,537 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. ercise 6-13 (Algo) Entries from bank reconciliation LO P3 are any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. e: If no entry is required for a transaction/event, select "No journal entry required" in the first account field
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
9
![Required information
Use the following information for the Exercises 12-13 below. (Algo)
A
[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $14,467 debit balance and its bank statement shows $13,990 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $2,091.
b. The June 30 bank statement lists a $40 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 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 $398.
d. The June 30 cash receipts of $2,537 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Exercise 6-13 (Algo) Entries from bank reconciliation LO P3
"repare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation.
Hote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.
View transaction list
Journal entry, worksheet](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F60dedcc5-067e-4886-a0dc-8ad810059f8a%2F91bc8171-0acb-403a-82d7-6e7e2dc95662%2Fo3mtxsr_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
Use the following information for the Exercises 12-13 below. (Algo)
A
[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $14,467 debit balance and its bank statement shows $13,990 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $2,091.
b. The June 30 bank statement lists a $40 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 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 $398.
d. The June 30 cash receipts of $2,537 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Exercise 6-13 (Algo) Entries from bank reconciliation LO P3
"repare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation.
Hote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.
View transaction list
Journal entry, worksheet
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