[The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $11,589 debit balance and its bank statement shows $10,555 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,829. b. The June 30 bank statement lists a $16 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 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 $476. d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Prepare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. Note: 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 es L 1 2 3 4 N Record the adjusting entry related to outstanding checks, if necessary. Note: Enter debits before credits. Transaction a. F1 :0: F2 2 # 3 General Journal Debit Credit 80 F3 F4 $ 4 % do5 7 S S < Prev 7 of 14 Next > F5 66 F6 W E R T Y 27 & A DII F7 F8 U * 8 4 F9 9 S D F G H J K B F1C 0 O
[The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $11,589 debit balance and its bank statement shows $10,555 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,829. b. The June 30 bank statement lists a $16 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 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 $476. d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. Prepare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. Note: 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 es L 1 2 3 4 N Record the adjusting entry related to outstanding checks, if necessary. Note: Enter debits before credits. Transaction a. F1 :0: F2 2 # 3 General Journal Debit Credit 80 F3 F4 $ 4 % do5 7 S S < Prev 7 of 14 Next > F5 66 F6 W E R T Y 27 & A DII F7 F8 U * 8 4 F9 9 S D F G H J K B F1C 0 O
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter5: Cash Control Systems
Section: Chapter Questions
Problem 1CP
Related questions
Question
![[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $11,589 debit balance and its bank statement shows $10,555 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $1,829.
b. The June 30 bank statement lists a $16 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 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 $476.
d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Prepare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation.
Note: 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
es
L
1
2
3
4
N
Record the adjusting entry related to outstanding checks, if necessary.
Note: Enter debits before credits.
Transaction
a.
F1
:0:
F2
2
#
3
General Journal
Debit
Credit
80
F3
F4
$
4
%
do5
7
S
S
< Prev
7
of 14
Next >
F5
66
F6
W
E
R
T
Y
27
&
A
DII
F7
F8
U
* 8
4
F9
9
S
D
F
G
H
J
K
B
F1C
0
O](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fce85a675-0cbc-4b52-9fd9-ce64884e9686%2Ff83c4994-e1f9-4619-a38d-8487404edade%2Fuzdhff_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $11,589 debit balance and its bank statement shows $10,555 on deposit at the
close of business on June 30.
a. Outstanding checks as of June 30 total $1,829.
b. The June 30 bank statement lists a $16 bank service charge.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 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 $476.
d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not
recorded on the June 30 bank statement.
Prepare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation.
Note: 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
es
L
1
2
3
4
N
Record the adjusting entry related to outstanding checks, if necessary.
Note: Enter debits before credits.
Transaction
a.
F1
:0:
F2
2
#
3
General Journal
Debit
Credit
80
F3
F4
$
4
%
do5
7
S
S
< Prev
7
of 14
Next >
F5
66
F6
W
E
R
T
Y
27
&
A
DII
F7
F8
U
* 8
4
F9
9
S
D
F
G
H
J
K
B
F1C
0
O
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