Homework: Chapter Score: 0 of 5 pts P7-34B (book/static) Save s of 5 10 complete
ID: 2545726 • Letter: H
Question
Homework: Chapter Score: 0 of 5 pts P7-34B (book/static) Save s of 5 10 complete I HW Score: 0%, 0 of 25 pt Question Helb The Ocrsber 31 bank statment ofWyndham Heathcare ha just arrived from State Bank To prepare the bank recanciiaticn, you gather the following data Read the rqutrmarts Lata lable Requirement 1. Propare the bank reconcliation for yndham Heathcar at Octcber 31, 2018 Wyndham Healthcare Hank Reconciliation October 31, 2018 . The October 31 bank bakance is $6.290 One ls fer 530 nd the oer is for 10 2 c. The falicwing Wyndham Healthcare checks are outstancingOctober 31 Check No. Amount 237 120 ACD 570 1. Prepare the bank reconiiaton for Wndham Healthcare at October 31. 2018. 110 xplanatien tar sach entry litsa $2,200 EFT dapost fora collsction cn account. racancad ytEr dvicand ravenua, and S1uu tor tha intanest ravenua Wyrcham sarmed on its bank balnce during October Pint Done a. On October 31, the yndham treasurer depoltsd 5270, but his deosit dose h. Tha bank atatament includea a srall daduction or a chack drawn by Mul State Freight Compomy. Wyndham notfied the bank of thiz bank em Chcose trom any Ist or enter any number In the Input elds and then cick Check Answer.Explanation / Answer
Bank Reconciliation for Wyndham Healthcare is as prepared below:
Journal entries
Wyndham Healthcare Bank Reconciliation October 31, 2018 Balance per bank, October 31 6,290 Add: Deposits in transit 270 Bank deduction 750 1,020 Less: Outstanding cheques 237 120.00 288 140.00 291 570.00 294 570.00 295 30.00 296 110.00 1,540.00 Corrected balance, October 31 5,770.00 Balance per books, October 31 3,200.00 Add: EFT deposit 2,200 Dividend and Interest revenue 1,000 3,200 Less: NSF cheque (#1) 370 NSF cheque (#2) 180 Bank service charges 80 630 Corrected balance, October 31 5,770.00Related Questions
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