Use the following information for the Exercises 12-13 below. (Algo) Skip to question [The following information applies to the questions displayed below.] Del Gato Clinic's cash account shows an $16,657 debit balance and its bank statement shows $15,640 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $1,844. The June 30 bank statement lists a $90 bank service charge. Check No. 919, listed with the canceled checks, was correctly drawn for $689 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 $698. The June 30 cash receipts of $2,780 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 Prepare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Asap
Use the following information for the Exercises 12-13 below. (Algo)
Skip to question
[The following information applies to the questions displayed below.]
Del Gato Clinic's cash account shows an $16,657 debit balance and its bank statement shows $15,640 on deposit at the close of business on June 30.
Outstanding checks as of June 30 total $1,844.
The June 30 bank statement lists a $90 bank service charge.
Check No. 919, listed with the canceled checks, was correctly drawn for $689 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 $698.
The June 30 cash receipts of $2,780 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
Prepare any necessary journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. (If no entry is required for a transaction/event, select "No
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
