The following information is available for Blue Moon Company regarding its June 30, 2019, bank statement:
- Balance per bank statement is $10,300.34.
- Balance per books is $9,652.78. Cheque #506 for $1,948.52 and cheque #510 for $1,600.25 were not returned with the June 30 bank statement.
- A deposit in transit of $4,562.21 had not been received by the bank when the bank statement was generated.
- A bank debit memo indicated an NSF cheque written by Bruce Garrett to Blue Moon Company on June 13 for $279.
- A bank credit memo indicated a bank collection of $1,900 and interest revenue of $75 on June 20.
- The bank statement indicated service charges of $35.
Prepare a bank reconciliation for Blue Moon Company dated June 30, 2019
Correct Answer:
Verified
Q98: If a bookkeeper mistakenly recorded a $58
Q99: A cheque written for $68.30 in payment
Q100: After preparing the bank reconciliation, journal entries
Q101: Table 8-4
The October 31st bank reconciliation, the
Q102: In reconciling a bank statement, the bank
Q104: A lock-box system reduces theft and places
Q105: Table 8-4
The October 31st bank reconciliation, the
Q106: Using the following data, compute the book
Q107: Using the following data, compute the book
Q108: The following information is needed to reconcile
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents