Alhuda Holding company owns the following businesses: 1. Baylor Associates 2. Smart Learning and Consultation company...

 

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Alhuda Holding company owns the following businesses: 1. Baylor Associates 2. Smart Learning and Consultation company 1 Happiness Hotel You had to handle the following transactions during February 2020: 1. Baylor Associates received the following bank statement on February 29, 2020: Beginning balance Total deposits Total withdruwals Service charge Ending balance 4060 4715 5630 75 3070 Transactions Account s00 1700 Deposits Deposit Deposit EFT, collection of note17/2 Deposit Interest Date 7/2 15/2 1000 242 29/2 1100 115 Charges Service charpe Date 29/2 account 75 Checks Number 101 102 103 amount 3100 400 12 1100 JOther deductions EFT Ez rent NSF check Amount 200 830 Date 1/2 13/2 The cash account of Baylor Associates at February 29, 2020, follows. Cash Feb Bal 4,060 e 6 s00 1,700 15 23 400 12 1100 19 L100 2,100 25 27 L100 350 Feb 29 Bal 3,76o Additional data: Baylor deposits all cash receipts in the bank and makes all payments by check. Requirements (1) - Prepare the bank reconciliation of Baylor Associates on February 29, 2020. - Journalize the entries based on the bank reconciliation. Alhuda Holding company owns the following businesses: 1. Baylor Associates 2. Smart Learning and Consultation company 1 Happiness Hotel You had to handle the following transactions during February 2020: 1. Baylor Associates received the following bank statement on February 29, 2020: Beginning balance Total deposits Total withdruwals Service charge Ending balance 4060 4715 5630 75 3070 Transactions Account s00 1700 Deposits Deposit Deposit EFT, collection of note17/2 Deposit Interest Date 7/2 15/2 1000 242 29/2 1100 115 Charges Service charpe Date 29/2 account 75 Checks Number 101 102 103 amount 3100 400 12 1100 JOther deductions EFT Ez rent NSF check Amount 200 830 Date 1/2 13/2 The cash account of Baylor Associates at February 29, 2020, follows. Cash Feb Bal 4,060 e 6 s00 1,700 15 23 400 12 1100 19 L100 2,100 25 27 L100 350 Feb 29 Bal 3,76o Additional data: Baylor deposits all cash receipts in the bank and makes all payments by check. Requirements (1) - Prepare the bank reconciliation of Baylor Associates on February 29, 2020. - Journalize the entries based on the bank reconciliation.

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Bank Reconciliation Statement Alhuda Holding Company Bank Reconciliation Statement Fo... View the full answer