Dan Cryer’s checkbook lists the following:

Dan Cryer’s October bank statement shows the following:

Requirements 1. Prepare Dan Cryer’s bank reconciliation on October 31, 2010. How much cash does Dan Cryer actually have on October 31?
2. Prepare all necessary journal entries for Dan Cryer to update the Cash account as a result of the bank reconciliation.

Transcribed Image Text:

Date Check No. Item Check Deposit Balance 10/1 $1,435 5 922 Rivertown Kitchen $ 40 1,395 10 Dividends received $ 125 1,520 14 923 Everyday Products 37 1,483 15 924 Fauna (payment on account) 63 1,420 19 925 Cash 200 1,220 27 926 Office Supply 117 1,103 28 927 North East Properties 984 119 31 Paycheck 5,285 5,404