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History Bookmarks People Window Help FSAID E-ma ×y Connect https:// nect.html Required information Use the following information for the Exercises below The following information applies to the questions displayed below.] Del Gato Clinic deposits all cash receipts on the day when they are received and It makes all cash payments by check. At the close of business on June 30, 2017, its Cash account shows an $13,553 debit balance. Del Gato Clinic's June 30 bank statement shows $12,548 on deposit in the bank a. Outstanding checks as of June 30 total $1,945. b. The June 30 bank statement lists a $25 service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 in payment of a utility bill on June 15. De Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $598 d. The June 30 cash receipts of $2,934 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement Exercise 6-9 Bank reconciliation LO P3 Prepare a bank reconciliation for Del Gato Clinic using the above information L GATO June 30, 2017 Bank statement balance Add Book ba ance Add Deduct Deduct 0 Adjusted book balance Adjusted bank balance Prey 3of7H: Next >

Explanation / Answer

Del GATO CLINIC Bank Reconcilliaion June30,2017 Bank Statement Balance $12,548 Book Balance: $13,553 Add:Deposit in transit $2,934 Less: Bank Service Charges -$25 Less: Outstanding Checks -$1,945 Add: Error in posting CheckNo:919 $9 Adjusted Bank Balance $13,537 Adjusted cash Blance $13,537

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