Del Gato Clinic's cash account shows an $$15,903$ debit balance and its statement shows $$15,714$ on deposit at the close of business on June $30.$

a$.$ Outstanding checks as of June $30$ total $$2,634$

b$.$ The June $30$ bank statement lists a $$50$ bank service charge.

c$.$ Check No$.919$ listed with the canceled checks, was correctly drawn for $$789$ in payment of a utility bill on June $15.$ Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to Cash in the amount of $$798.$

d$.$ The June $30$ cash receipts of $$2,782$ were placed in the bank's night depository after banking hours and were not recorded on the June $30$ bank statement.

Prepare its bank reconciliation using the above information.

Prepare a transaction list. Note: If not entry is required for a transaction or event, select $"$ No journal entry required" in the first account feild.

Answer rating: 100% (QA)

Bank Reconciliation for Del Gato Clinic as of June 30 Amount Bank Statement Balance 15714 Add Deposi... View the full answer