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[The following information applies to the questions displayed below]
the close of business on June 30,2017,its Cash account shows an S11.589 debit balance.Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank
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a.Outstanding checks as of June 30 total $1.829 b.The June 30 bank statement lists a $16 service charge. c.Check No.919.listed with the canceled checks,was correctly drawn for S467 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 $476. d. The June 30 cash receipts of $2.856 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement.
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Exercise 8-10 Adjusting entries from bank reconciliation LO P3
Prepare the adjusting 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.)
View transaction list
Journal entry worksheet
Record the adjusting entry related to outstanding checks, if necessary.
NoteEnter debits before credits
Transaction
General Journal
Debit
Credit
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