Consider the following general ledger and bank statement forMeena Salon.

General Ledger -Bank
Date	Explanation	Debit	Credit	Balance
Oct 1	Opening Balance			10,000
Oct 6	Jimmy Supplies - check # 120		640	9,360
Oct 10	HitHit Supplies - check # 121		910	8,450
Oct 11	Doris Dalony	260		8,710
Oct 14	Salon Beauty Inc. - check # 122		766	7,944
Oct 19	Shona Care Ltd. - check # 123		900	7,044
Oct 29	Deposit	2,600		9,644

BankStatement
Date	Explanation	Withdrawal	Deposit	Balance
Oct 1	Opening Balance			10,000
Oct 6	check # 120	640		9,360
Oct 10	check # 121	910		8,450
Oct 10	EFT - Monthly Insurance	990		7,460
Oct 11	Doris Dalony		260	7,720
Oct 11	NSF check	260		7,460
Oct 11	NSF Charge	5		7,455
Oct 14	check # 122	676		6,779
Oct 21	check # 1640	3,300		3,479
Oct 31	Service Charges	23		3,456
Oct 31	Interest on Bank Account		30	3,486

Additional Information
1) On Oct 14, Meena Salon purchased $676 worth of salon suppliesfrom Salon Beauty Inc.
2) The salon’s check numbers are always three-digits inlength.


Required
a) Prepare a bank reconciliation for Meena Salon on October 31,2013.
b) Prepare the necessary journal entries.

Do not enter dollar signs or commas in the input boxes.
Use the negative sign for values that must be subtracted.

MeenaSalon Bank Reconciliation October 31, 2013
	Ledger	Bank
Balance as per records	Answer	Answer
EFT - Monthly Insurance - Oct 10	Answer	Answer
NSF check - Oct 11	Answer	Answer
Charges for NSF check - Oct 11	Answer	Answer
Error on check # 122 -Oct 14	Answer	Answer
Outstanding check # 123 - Oct 19	Answer	Answer
Bank Error - Oct 21	Answer	Answer
Outstanding deposit - Oct 29	Answer	Answer
Interest on bank account - Oct 31	Answer	Answer
Service charges - Oct 31	Answer	Answer
Reconciled Balance	Answer	Answer

Date	Account Title andExplanation	DR	CR
Oct 31	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense		Answer
	Record ETF - monthly insurance

Date	Account Title andExplanation	DR	CR
Oct 31	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense		Answer
	Record NSF check returned bybank

Date	Account Title andExplanation	DR	CR
Oct 31	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense		Answer
	Record bank charges for NSF check

Date	Account Title andExplanation	DR	CR
Oct 31	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense		Answer
	Correct error on check # 122

Date	Account Title andExplanation	DR	CR
Oct 31	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense		Answer
	Record service charges for the month of October

Date	Account Title andExplanation	DR	CR
Oct 31	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense	Answer
	AnswerAccounts PayableAccounts ReceivableAccumulatedDepreciationAdvertising ExpenseBank Charges ExpenseCashCommonstocksCost of Goods SoldInsurance ExpenseInterest ExpenseInterestPayableInterest RevenueInventoryNotes PayablePrepaidInsurancePrepaid RentPrepaid ServicesProperty, Plant &EquipmentRent ExpenseSalaries ExpenseSales DiscountSales Returns& AllowancesSales RevenueSalon SuppliesTelephone ExpenseTravelExpenseUnearned RevenueUtilities Expense		Answer
	Record interest earned for the month of October