Question: * * * * IF THE ANSWER FOR ADJUSTED BALANCE IS 1 1 , 3 2 0 , IT IS WRRROOOONG!!!!!! WRONG. * * *
IF THE ANSWER FOR ADJUSTED BALANCE IS IT IS WRRROOOONG!!!!!! WRONG. I need help pleeeeease, no more ai answers, just help me please
The cash account for Deawer Consulting at October Y indicated a balance of $ The bank statement
indicated a balance of $ on October Comparing the bank statement and the accompanying canceled
checks and memas with the records revealed the following reconciling zems:
a Olecks outstanding totaled $
b A deposit of $ representing receipts from October had been made too late to appoar on the bank
statement.
c The bank had collected $ on a note left for collection. The face of the note was $
d A check for $ returned with the statement had been incorrectly recorded by Deaver Consulting as $ The
check was for the payment of an obligation to Oxford Office Supplies Co for the purchase of office supplies on
account.
e A check drawn for $ had been incorrectly charged by the bank as $
f Bank service charges for October amounted to $
Instructions:
Prepare a bank reconciliation.
Deaver Consulting
Bank Reconciliation
October Y
Illustrate the effects on the accounts and financial statements of the bank reconoliation. If no account or activity
is affected, select No effect" from the dropdown and leave the corresponding number entry box blank.
Enter account decreases and cash outflows as negative amounts.
Increases to Cash:
Financial Statement Effects
Balance Sheet
Decreases to Cash:
Financial Statement Effects
Balance Sheet fdsaf
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