Required information Use the following information for the Exercises below. [The following information applies to the…
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Question “Required information Use the following information for the Exercises below. [The following information applies to the…”
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Del Gato Clinic’s cash account shows a $13,828 debit balance and its bank statement shows $13,500 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $2,202. b. The June 30 bank statement lists a $75 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $789 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 $798. d. The June 30 cash receipts of $2,464 were placed in the bank’s night depository after banking hours and were not recorded on the June 30 bank statement. Exercise 6-13 Adjusting entries from bank reconciliation LO P3 repare the adjusting journal entries that Del Gato Clinic must record as a result of preparing the bank reconciliation. (If no entry is equired for a transaction/event, select “No journal entry required” in the first account field.)
Journal entry worksheet 2 3 4 Record the adjusting entry related to outstanding checks, if necessary Note: Enter debits before credits. Transaction General Journal Debit Credit
Journal entry worksheet 1 1 2 3 3 4 Record the adjusting entry related to bank service charges, if necessary. Note: Enter debits before credits. Transaction General Journal Debit Credit
Journal entry worksheet Record the adjusting entry related to Check No. 919, if necessary. Note: Enter debits before credits. Transaction General Journal Debit Credit
Journal entry worksheet < 1 2 3 4 Record the adjusting entry related to the June 30 deposit, if necessary. Note: Enter debits before credits. Transaction General Journal Debit Credit
Answer
Date | Account | Debit | Credit |
A | No entry | ||
B | Miscellaneous expenses | 75 | |
Cash | 75 | ||
C | Cash | 9 | |
Utilities expense | 9 | ||
(789-798) | |||
D | No entry | ||
Conclusion
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