The following information is available for the FRAN Company for the month of December 2019 1. On December 31, 2019 the balance in the company's Cash account has a balance of $ 15,862 . 2. The company's bank statement shows a balance December 31, 2019 of $ 19,454 . 3. Outstanding checks at December 31, 2019 total $ 2,967 . 4. A deposit placed in the bank's night depository on December 31, 2019 totaling $ 1,351 did not appear on the bank statement. 5. Included with the bank statement was a debit memorandum in the amount of $ 26 for bank service charges. It has not been recorded on the company's books. 6. Included with the bank statement was a credit memorandum for collection of a notes receivable for $ 1,243 . It has not been recorded on the company’s books. 7. A cash sales on December 15, 2019 that totaled $ 916 was incorrectly journaled and posted as $ 961 . 8. A cash sales on December 27, 2019 that totaled $ 461 was incorrectly journaled and posted as $ 416 . 9. Check #145 was written and sent to a vendor for payment of a $ 919 invoice. The check was written correctly by but was journaled and posted as $ 991 . 10. Check #155 was written and sent to a vendor for payment of a $ 460 invoice. The check was written correctly by but was journaled and posted as $ 406 . 11. An inspection of the bank statement revealed a deposit in the amount of $ 741 of unknown origin. Further investigation revealed that the bank had incorrectly deposited the money into FRAN’s account. The bank was contacted regarding the error. A. Prepare a bank reconciliation statement for FRAN Company for the month ended December 31, 2019 B. Prepare the general journal entries to bring the FRAN Company's book balance of cash into conformity with the reconciled balance as of December 31, 2019.
The following information is available for the FRAN Company for the month of December 2019
1. On December 31, 2019 the balance in the company's Cash account has a balance of $ 15,862 .
2. The company's bank statement shows a balance December 31, 2019 of $ 19,454 .
3. Outstanding checks at December 31, 2019 total $ 2,967 .
4. A deposit placed in the bank's night depository on December 31, 2019 totaling $ 1,351 did not appear on the bank statement.
5. Included with the bank statement was a debit memorandum in the amount of $ 26 for bank service charges. It has not been recorded on the company's books.
6. Included with the bank statement was a credit memorandum for collection of a notes receivable for $ 1,243 . It has not been recorded on the company’s books.
7. A cash sales on December 15, 2019 that totaled $ 916 was incorrectly journaled and posted as $ 961 .
8. A cash sales on December 27, 2019 that totaled $ 461 was incorrectly journaled and posted as $ 416 .
9. Check #145 was written and sent to a vendor for payment of a $ 919 invoice. The check was written correctly by but was journaled and posted as $ 991 .
10. Check #155 was written and sent to a vendor for payment of a $ 460 invoice. The check was written correctly by but was journaled and posted as $ 406 .
11. An inspection of the bank statement revealed a deposit in the amount of $ 741 of unknown origin. Further investigation revealed that the bank had incorrectly deposited the money into FRAN’s account. The bank was contacted regarding the error.
A. Prepare a
B. Prepare the general
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