Cryer?s Produce, Inc.?s checkbook lists the following:

Cryers?s Produce, Inc.?s November bank statement shows the following:

Requirements

1. Prepare Cryer?s Produce, Inc.?s bank reconciliation on November 30, 2018. How much cash does Cryer?s Produce actually have on November 30?

2. Prepare all necessary journal entries for Cryer?s Produce, Inc., to update the Cash account as a result of the bank reconciliation.

Transcribed Image Text:

Deposit Check No. Check Balance $1,425 1,393 1,498 1,463 1,386 1,186 1,011 312 5,422 Date Item 11/1 5 922 West St. Kitchen Dividends received Kingpin Products Fauna (payment on account)| Cash Staples Miller Properties Monthly Sales $ 32 $ 105 10 35 923 924 925 926 927 14 15 77 19 27 28 29 200 175 699 5,110 Bal, Nov 1 $1,425 Deposits: 105 Checks: No. Amount 922 $ 32 923 35 924 177* 925 200 (444) Other Charges: Printed checks $24 Service charge Bal, Nov 30 15 (39) $1,047