The following data were taken from the cash journals of Xanthous Company: Cash Receipts Journal Date...

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The following data were taken from the cash journals of Xanthous Company: Cash Receipts Journal Date Feb .2 299 6 10 25228 15 20 24 28 Check No. 117 118 119 120 121 122 123 124 125 Cash Disbursement Journal Debit Cash 2,000,000 400,000 800,000 200,000 1,200,000 1,300,000 550,000 450,000 6,900,000 Credit Cash 200,000 900,000 800,000 500,000 550,000 180,000 1,000,000 120,000 250,000 4,500,000 REQUIRED: a. Prepare bank reconciliation on February 28, showing the book balance before and after adjustment b. Prepare journal entries to record the adjustments that are indicated by the bank reconciliation The following data were taken from the cash journals of Xanthous Company: Cash Receipts Journal Date Feb .2 299 6 10 25228 15 20 24 28 Check No. 117 118 119 120 121 122 123 124 125 Cash Disbursement Journal Debit Cash 2,000,000 400,000 800,000 200,000 1,200,000 1,300,000 550,000 450,000 6,900,000 Credit Cash 200,000 900,000 800,000 500,000 550,000 180,000 1,000,000 120,000 250,000 4,500,000 REQUIRED: a. Prepare bank reconciliation on February 28, showing the book balance before and after adjustment b. Prepare journal entries to record the adjustments that are indicated by the bank reconciliation

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a Bank Reconciliation on February 28 Book Balance before Adjustment Total Debit in Cash Receipts Jou... View the full answer