need help please 310 xC Saved Problem x Cheg Connect uthwest TennD connect.html?

Question

need help please

310 xC Saved Problem x Cheg Connect uthwest TennD connect.html?sReg https%3A%2F%2Fconnect.mhed cator.com%2Fpaamweb%2Findex.htm -Secure https://ne connect he ucation.com fo true&returnUr; Saved HW Ch8 4 The following information applies to the questions displayed below] 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, 2017, its Cash account shows an $11,589 debit balance. Del Gato Clinic's June 30 bank statement shows $10,555 on deposit in the bank. Part 2 of 2 a. Outstanding checks as of June 30 total $1,829 b. The June 30 bank statement lists a $16 service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $467 in payment of a utility bill on June 15. Del 12 Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $476 d. The June 30 cash receipts of $2,856 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement Ask Exercise 8-10 Adjusting entries from bank reconciliation LO P3 required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry related to outstanding checks, if necessary Note: Enter debits before credits General J Debit Credit K Prev 4 of 9 Next

Explanation / Answer

No entry required for deposits in transit and outstanding checks Transaction General Journal Debit Credit 3) Cash 9 Utility expense 9 4) Service charge/Misc expense 16 cash 16 no entry for outstanding checks and deposit in transit

Related Questions

Navigate

• Browse (All)
• Browse N
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.