Question

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 $16,731 debit balance. Del Gato Clinic's June 30 bank statement shows $16,482 on deposit in the bank. a. Outstanding checks as of June 30 total $2,555 b. The June 30 bank statement lists a $65 service charge. ? Check No 919 listed with the canceled checks, was correctly drawn fo $689 in payment of a tity bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $698 d. The June 30 cash receipts of $2,748 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement References Section Break Use the following information for the Exercises below 3. Award: 2.14 points Exercise 6-9 Bank reconciliation LO P3 Prepare a bank reconciliation for Del Gato Clinic using the above information DEL GATO CLINIC Bank Reconciliation June 30, 2017 Book balance Bank statement balance Add Add: Deduct: Deduct Adjusted bank Adjusted book balance

Answer 1

Del Gato Clinic Bank Reconciliation June 30,2017
Bank Statament Balance		16482	Book Balance		16731
Add:			Add:
Deposit of June 30	2748		Error on ch	9
		2748			9
		19230			16740
Deduct			Deduct
Outstanding Checks	-2555		Bank Service Charge	-65
		-2555			-65
Adjusted Bank Balance		16675	Adjusted Book Balance		16675