The following information describes Lansur's Corp. activities with Bank SWN during September 2019: 1. The...
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Accounting
The following information describes Lansur's Corp. activities with Bank SWN during September 2019:
1. The cash account balance at the bank according to the ledger as of September 1, 2019 is Rp. 16,245,180.
2. The company's cash receipts during the month of September according to the cash receipts journal were Rp 45,634,920, while checks withdrawn during the month totaled Rp 52,911,340.
3. Bank statements at the end of September 2019 show a balance of Rp 6,652,020
4. A bank statement is attached with a debit memo on the return of checks received from Nazira corp. since the check has no funds. The check value is Rp 876,470.
5. Checks that are still outstanding as of September 30, 2019 are Rp. 361,320
6. Checks withdrawn by Mulya corp. amounting to Rp 546,330 have been recorded by the bank as checks withdrawn by Lengser corp.
7. Deposits in transit at the end of September 2019 are Rp 2,100,300.
8. Checks received from Damai Corp. of Rp. 947,600. has been recorded by the company with a total of Rp. 94,760.
9. Bank administrative costs of Rp 7,800 have not been recorded.
Requested: a. Make a bank reconciliation as of 30 September 2019.
b. Based on the reconciliation, make an adjusting entry.
Note: Rp= Currency Unit
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