Accounting Problem 4(12 points) Checkbook balance, June 30, 2019 $445 Bank statement balance, June 30,...
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Accounting
Accounting Problem 4(12 points) Checkbook balance, June 30, 2019 $445 Bank statement balance, June 30, 2019 500 Deposits in transit 35 Outstanding checks 101 Service Charge 15 Interest Income 4 The information above is taken from the checkbook and the bank statement for June, 2019, for Hector's Photography Studio. On the template provided, prepare a bank reconciliation and necessary journal entries (use appropriate account titles, like those you learned in class: record each journal entry separately). The company uses this chart of accounts: Cash Service Revenue Accounts Receivable Interest Income Supplies Rent Expense Office Equipment Insurance Expense Accumulated Depreciation Phone Expense H. Crown, Capital Supplies Expense H.Crown, Drawing Depreciation Expense Accounts Payable, Notes Payable Service Charge Expense Interest Expense Books Bank Book Balance Bank Statement Balance Add: Add: Deduct: Deduct: Reconciled Books Bal. Reconciled Bank Bal. Date Account titles Debit Credit
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