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× |cengageNowy21 Online teac i × | GChegg Study, Guided Solutio X : + m/ilrm/takeAssignment/takeAssignmentMain.do isites DWeb Slice Gallery Giberty-Google Search | a Search in Bling Calculator Instructions Beeler Furniture Company deposits all cash receipts each Wednesday and Friday in a night depository after banking hours. The data required to reconaile the bank statement as of June 30, 20Y2, have been taken from various documents and records and are reproduced as follows. The sources of the data are printed in capital letters. All checks were written for payments on account CASH ACCOUNT: Balance as of June 1 CASH RECEIPTS FOR MONTH OF JUNE $9,317.40 $9,223.76 DUPLICATE DEpOST CKETS: Date and amount of each depot nunn Date Date Amount June 10 $996.61 15 882.95 17 1,606.74 Date June 1 $1,080.50 854.17 840.50 June 22 $897.34 24 947.21 30 1,117.74 CHECKS WRITTEN: Number and amount of each deck issued in une: Check No. Amount Check No. Amount $449.75 272.75 113.95 407.95 Check No. Amount 740 741 742 743 744 745 746 $237.50 495.15 501.90 761.30 506.88 117.25 747 748 749 750 751 752 753 755 56 757 758 $450.90 640.13 299.37 537.01 Total amount of checks issued in June: $8,395.66 Check My Work

Explanation / Answer

b) Journal Entries Account Titles Debit Credit Cash 3800          Accounts Receivables 3500           Interest Revenue 210            Accounts Payable 90 Sales (100 + 4.50) 104.5 Accounts Receivables 550 Miscellaneous Expense 75                  Cash 729.5 c) Cash Balance = Adjusted Cash Balance $13,216.00 d) Treatment - Addition to cash per bank statement To correct - Request that the bank correct the error

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