The bookkeeper at jefferson company has
CF Unit3 P6-6 The bookkeeper at Jefferson Union has not reconciled the bank proposition delay the Coin representation,
P6-6 Preparing a Bank Arbitration and Related Record Entries LO6-5
The bookkeeper at Jefferson Union has not reconciled the bank proposition delay the Coin representation, assertion, “I don’t possess duration.” You possess been asked to fit a arbitration and resurvey the procedures delay the bookkeeper.
The April 30, 2014, bank proposition and the April ledger representations for coin showed the aftercited (summarized):
Checks Deposits Balance
Balance, April 1, 2014 $31,000
Deposits during April $37,100 68,100
Interest self-possessed 1,180 69,280
Checks cleared during April $ 43,000 26,280
NSF check—A. B. Wright 160 26,120
Bank employment beak 50 26,070
Balance, April 30, 2014 26,070
Apr. 1 Balance 23,500 41,100
Apr. Checks written Apr. Deposits 41,500
A similitude of checks written antecedently and during April delay the checks cleared through the bank showed uncollected checks at the end of April of $5,600. No confidences in transit were carried weigh from March, but a confidence was in transit at the end of April.
1. Fit a specific bank arbitration for April.
Possible input areas are private.
April 30, 2014
Company's Books Bank Statement
Ending weigh per coin representation Ending weigh per bank proposition
Correct coin weigh Correct coin weigh $24,870
2 Fit the record entries that the union should fabricate as a termination of the bank arbitration. (If no record is required for a transaction/event, selecteded "No record record required" in the pristine representation scope.)
Transaction General Journal Debit Credit
3 What was the weigh in the coin representation in the ledger on May 1, 2014?
4 What sum totality of coin should be reputed on the weigh subterfuge at the end of April?
Total totality of coin