The cash balance per books for Ayayai Company on October 31, 2024, is $9,290.00. The following cheques and receipts were recorded for the month of October 2024: No. 17 18 19 20 21 No. 14 18 Cheques Cheques and other debits Amount 19 Amount No. Amount $390.00 22 $505.00 880.00 23 1,650.00 180.00 545.00 25 21 235.00 $205.00 24 808.00 180.00 In addition, the bank statement for the month of October is presented below: 910.00 285.00 No. Amount 25 17 $390.00 24 910.00 285.00 Receipts Amount $875.00 860.00 1,000.00 1,040.00 11.00 SC Date Oct. 5 Oct. 21 Oct. 27 Oct. 30 No. Amount 22 $505.00 Deposits $5,700.00 235.00 310.00 NSF Symbols: NSF (Not sufficient funds) SC (Service charge) CM (Credit memo) 875.00 860.00 1,000.00 1,500.00 CM Date Sep. 30 Oct. 1 Oct. 8 Oct. 23 Oct. 29 Oct. 31 Balance $5,600.00 $10,200.00 $9,357.00 $9,752.00 $10,506.00 $11,696.00 Cheque No. 18 was correctly written for $808.00 for a payment on account. The NSF cheque was from S. Hall, a customer, in settlement of an accounts receivable. An entry had not been made for the NSF cheque. The credit memo is for an EFT from a customer account.
The cash balance per books for Ayayai Company on October 31, 2024, is $9,290.00. The following cheques and receipts were recorded for the month of October 2024: No. 17 18 19 20 21 No. 14 18 Cheques Cheques and other debits Amount 19 Amount No. Amount $390.00 22 $505.00 880.00 23 1,650.00 180.00 545.00 25 21 235.00 $205.00 24 808.00 180.00 In addition, the bank statement for the month of October is presented below: 910.00 285.00 No. Amount 25 17 $390.00 24 910.00 285.00 Receipts Amount $875.00 860.00 1,000.00 1,040.00 11.00 SC Date Oct. 5 Oct. 21 Oct. 27 Oct. 30 No. Amount 22 $505.00 Deposits $5,700.00 235.00 310.00 NSF Symbols: NSF (Not sufficient funds) SC (Service charge) CM (Credit memo) 875.00 860.00 1,000.00 1,500.00 CM Date Sep. 30 Oct. 1 Oct. 8 Oct. 23 Oct. 29 Oct. 31 Balance $5,600.00 $10,200.00 $9,357.00 $9,752.00 $10,506.00 $11,696.00 Cheque No. 18 was correctly written for $808.00 for a payment on account. The NSF cheque was from S. Hall, a customer, in settlement of an accounts receivable. An entry had not been made for the NSF cheque. The credit memo is for an EFT from a customer account.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:The cash balance per books for Ayayai Company on October 31, 2024, is $9,290.00. The following cheques and
receipts were recorded for the month of October 2024:
No.
17
18
19
20
21
14
18
Cheques
19
Amount No. Amount
$390.00 22
$505.00
880.00 23 1,650.00
21
180.00
Cheques and other debits
No. Amount
545.00 25
235.00
$205.00
24
808.00
180.00
235.00
In addition, the bank statement for the month of October is presented below:
910.00
285.00
No. Amount
17
24
25
$390.00
910.00
285.00
Receipts
Amount
$875.00
860.00
1,000.00
1,040.00
11.00 SC
Date
Oct. 5
22
Oct. 21
Oct. 27
Oct. 30
No. Amount
$505.00
Deposits
$5,700.00
875.00
860.00
1,000.00
310.00 NSF
Symbols: NSF (Not sufficient funds) SC (Service charge) CM (Credit memo)
Date
Sep. 30
Oct. 1
Oct. 8
Oct. 23
Oct. 29
1,500.00 CM Oct. 31
Balance
$5,600.00
$10,200.00
$9,357.00
$9,752.00
$10,506.00
$11,696.00
Cheque No. 18 was correctly written for $808.00 for a payment on account. The NSF cheque was from S. Hall, a
customer, in settlement of an accounts receivable. An entry had not been made for the NSF cheque. The credit memo is
for an EFT from a customer account.

Transcribed Image Text:◄►
AYAYAI COMPANY
Bank Reconciliation
$
+A
$
$
$
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