Del Gato Clinic's cash account shows an $12,937 debit balance and its bank statement shows $11,548...

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Del Gato Clinic's cash account shows an $12,937 debit balance and its bank statement shows $11,548 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,469. b. The June 30 bank statement lists a $90 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 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 $598. d. The June 30 cash receipts of $2,777 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement Exercise 6-12 (Algo) Bank reconciliation LO P3 Prepare its bank reconciliation using the above information. Bank statement balance Add DEL GATO CLINIC Bank Reconciliation June 30 Book balance Add: Deduct Deduct Del Gato Clinic's cash account shows an $12,937 debit balance and its bank statement shows $11,548 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,469. b. The June 30 bank statement lists a $90 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $589 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 $598. d. The June 30 cash receipts of $2,777 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement Exercise 6-12 (Algo) Bank reconciliation LO P3 Prepare its bank reconciliation using the above information. Bank statement balance Add DEL GATO CLINIC Bank Reconciliation June 30 Book balance Add: Deduct Deduct

Answer rating: 100% (QA)

To prepare Del Gato Clinics bank reconciliation we will start with the ending balance per the bank s... View the full answer