Question: Information from Addison Picture Frames Cash account as well as the November bank statement is presented next. Check #210 was written for $330 to pay

Information from Addison Picture Frames€™ Cash account as well as the November bank statement is presented next.

Information from Addison Picture Frames€™ Cash account as well as

Check #210 was written for $330 to pay salaries expense.

Requirements
1. Prepare the bank reconciliation on November 30.
2. Prepare all necessary journal entries for Addison Picture Frames to update the Cash account as a result of the bankreconciliation.

Cash Nov 1 Nov 30 1,600 | Check #210 2.7001 Check #211 Check #212 Check #21 3 Check #214 400 113 300 150 Pre-adjusted Bal @Nov 30 3,304 Bank Statement Bal, Nov 1 Deposits EFT-rent Checks S 1,600 410 No 210 211 212 Amount 330 400 113 (843) Service charge Check printing NSF check #201 S 23 14 100 137 S 1,030 Bal, Nov 30

Step by Step Solution

3.39 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Req 1 Addison Picture Frames Bank Reconciliation November 30 Bank Book Ba... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

292-B-A-C-R (2140).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!