3. 1000 ponts Exercise 8-9 Bank reconciliation LO P3 Del Gato Clinic deposits al

Question

3. 1000 ponts Exercise 8-9 Bank reconciliation LO P3 Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash balance. by check. At the close of business on June 30,2015, its Cash account shows a(n) $16,183 debit Del Gato Clnic's June 30 bank statement shows $16,029 on deposit in the bank a. Outstanding checks as of June 30 total $2 651 b. The June 30 bank statement included a 550 debit memorandum for bank services c. Check No 919, sted with the canceled checks, was correctly drawn for $389 in payment of a ulity bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense in the amount of $398 and a credit to Cash d.The June 30 cash recegts of $2.764 were placed in the banks iight depotluy·he banking hours and were not recorded on the June 30 bank statemont Prepare a bank recondiliation for Del Gato Clinic using the abowe information Bank Rec Bank statement balance Book balance Add Deduct Deduct Adjusted bank balance Adjusted book balance Hints References Book & Resources 0 Type here to search LG

Explanation / Answer

DEL GATO CLINIC Bank Reconciliation June 30, 2015 Bank statement balance 16029 Book balance 16183 Add: Add: Deposit of June 30 2764 Error on Ck. No. 919 9 2764 9 18793 16192 Deduct: Deduct: Outstanding checks 2,651 Bank service charge 50 2651 50 Adjusted bank balance 16142 Adjusted book balance 16142

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