Bank reconcilation Dont know if pic is clear enough ...
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Accounting
Bank reconcilation
Dont know if pic is clear enough
Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on June 30, 2016, its Cash account shows an $13,775 debit balance. De Gato Clinic's June 30 bank statement shows $13,655 on deposit in the k. a. Outstanding checks as of June 30 total $2,272. b. The June 30 bank statement included a $35 debit memorandum for bank services. c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 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 $398. d. The June 30 cash receipts of $2,366 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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