Question: Name: Section: Date: PROBLEMS: SET A: Pgs 225- Problems Set A Canvas.com received a bank statement from Buttermilk Bank indicating a bank balance of $7,600.

 Name: Section: Date: PROBLEMS: SET A: Pgs 225- Problems Set A
Canvas.com received a bank statement from Buttermilk Bank indicating a bank balance

Name: Section: Date: PROBLEMS: SET A: Pgs 225- Problems Set A Canvas.com received a bank statement from Buttermilk Bank indicating a bank balance of $7,600. Based on Canvas.com's check stubs, the ending check- book balance was $8,231. Your task is to prepare a bank reconciliation for 6A-1. Canvas.com as of July 31, 201X, from the following information (journalize entries as needed): a. Checks outstanding: no. 122, $810; no. 130, $720. b. Deposits in transit, $1,800. c. Canvas.com forgot to record a $1,240 equipment purchase made with a debit card. d. Bank service charges, $60. e. Buttermilk Bank collected a note for Canvas.com, $950, less an $11 collec- tion fee. From the following bank statement, please (1) complete the bank reconcilia- tion for Tony's Deli found on the reverse of the following bank statement and (2) journalize the appropriate entries as needed. 6A-2. a. A deposit of $2,000 is in transit. b. Tony's Deli has an ending checkbook balance of $5,760. c. Checks outstanding: no. 111, $950; no. 119, $1,250; no. 121, $330. d. Bob Ryan's check for $100 bounced due to lack of sufficient funds. e. Bank service charge $30. Millbury National Bank Rio Mean Branch Bugna, Texas Tony's Deli 8811 2nd St. Bugna, Texas Checks and Other Withdrawals in Order of Payment Old Balance Deposits Date New Balance 2/2 6,500 6,500 90.00 200.00 2/3 6,210 2/10 160.00 240.00 6,290 2/15 530.00 570.00 6,330 350.00 2/20 6,580 100.00 NSF 1,100.00 1,210.00 2/24 6,690 660.00 30.00 SC 160.00 2/28 6,160

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