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WileyPLUS > C O Not secure l edugen.wiley.com/edugen/student/main.uni Kimmel, Accounting: Tools for Business Decision Making, 5e Assignment Open Assignment CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Problem 7-4A (Part Level Submission) The bank portion of the bank reconciliation for LaRoche Company at October 31, 2014, is shown below WEEK #4 Chapter 07 ROCHE COMPANY Bank Reconciliation October 31, 2014 Cash balance per bank Add: Deposits in transit Less: Outstanding checks $12,825.24 1,530.20 14,355.44 Problem 7-4A (Pa Level Submission Check Number 2451 2470 2471 2472 2474 Check Amount 1,260.40 684.20 844.50 432.42 1,050.00 4,271.52 Adjusted cash balance per bank The adjusted cash balance per bank agreed with the cash Cash balance per books at October 31. The November bank statement showed the following checks and deposits.

Explanation / Answer

Cash Balance per bank statement 18328.98 Add:   Deposits in transit 1761.34 20090.32 Less: Outstanding checks No. 2451 1260.4 No. 2472 432.42 No. 2478 538.2 No. 2482 612 No. 2484 823.88 No. 2485 974.8 No. 2487 398 No. 2488 800 5839.7 Adjusted cash balance per bank 14250.62 Cash Balance per books 11988.48 Add:   Collection of note receivable 2406.76 14395.24 Less: Check printing charge. 90.62 Error in recording check 45 Error in deposit 9 144.62 Adjusted cash balance per books 14250.62

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