Information from Sheppard Picture Frames cash account as well as the November bank statement is presented next.
Question:
Information from Sheppard Picture Frames€™ cash account as well as the November bank statement is presented next.
Cheque #210 was written for $600 to pay salaries.
Requirements
1. Prepare the bank reconciliation on November 30.
2. Prepare all necessary journal entries for Sheppard Picture Frames to update the Cash account as a result of the bank reconciliation.
Transcribed Image Text:
Cash 2,100 | Cheque #210 2.000 Cheque #211 Cheque #212 Cheque #213 Cheque #214 Nov 1 Nov 30 60 400 137 310 180 Pre-adjusted Bal Nov 30 3,013 Bank Statement: Bal, Nov 1 Deposits: EFT-rent Cheques: $2,100 No 210 211 212 Amount 600 400 137 (1,137) Other Charges 30 Service charge Cheque printing NSF Cheque #201 126 1,587 80 Bal, Nov 30
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Related Book For
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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