Del Gato Clinic deposits all cash receipts on the day when they are received and it makes
Question:
a. Outstanding checks as of June 30 total $ 1,829.
b. The June 30 bank statement included a $ 16 debit memorandum for bank services.
c. Check No. 919, listed with the canceled checks, was correctly drawn for $ 467 in payment of a utility 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 $ 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.
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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