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uranmaximum [27]
3 years ago
7

Del gato clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. at the clo

se of business on june 30, 2015, its cash account shows a(n) $16,124 debit balance. del gato clinic’s june 30 bank statement shows $16,206 on deposit in the bank. a. outstanding checks as of june 30 total $3,091.b. the june 30 bank statement included a $45 debit memorandum for bank services. c. 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.d. the june 30 cash receipts of $2,973 were placed in the bank’s night depository after banking hours and were not recorded on the june 30 bank statement. prepare a bank reconciliation for del gato clinic using the above information:________.
Business
1 answer:
inna [77]3 years ago
3 0

Answer:

bank reconciliation:

bank balance $16,206

+ outstanding deposits $2,973

- outstanding checks ($3,091)

<u>- NSF checks ($0)                     </u>

adjusted bank balance $16,088

book reconciliation:

cash account balance $16,124

- bank fees ($45)

<u>+ error on check $698 - $689 = $9</u>

adjusted cash account balance $16,088

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