The bank reconciliation prepared by Gemma Tours on March 31, 2020, appeared as follows:

The Cash account in the general ledger appeared as follows on April 30:

A list of deposits made and cheques written during April, taken from the cash receipts journal and cash disbursements journal, is shown below:

The following bank statement is available for April:

In reviewing cheques returned by the bank, the bookkeeper discovered that cheque #93, for delivery expense, was recorded in the cash disbursements journal incorrectly as $2,590. The NSF cheque was that of customer Laura Clark, deposited in April.

Required

a. Prepare a bank reconciliation at April 30.

b. Prepare the necessary journal entries to bring the general ledger Cash account into agreement with the adjusted balance on the bank reconciliation.

Transcribed Image Text:

Gemma Tours Bank Reconciliation March 31, 2020 Bank statement balance. Book balance. $32,710 $14,800 Add: Deposit of March 31 in transit. 21,050 $35,850 Deduct: Outstanding cheques: #79. $1,250 1,890 # 84. Adjusted bank balance. 3,140 Adjusted book balance. $32,710 $32,710 Cash Acct. No. 101 Date Explanation PR Debit Credit Balance 2020 March 31 Balance 32,710.00 April 34,049.00 66,759.00 CR11 CD14 43,643.00 30 23,116.00