Problem 9.3A (Algo) Preparing a bank reconciliation statement and journalizing entries to adjust the cash balance. LO 9-5, 9-6 On May 2 20x1, HPF Vacations received its April bank statement from First City Bank and Trust Enclosed with the bank statement. which appears below, was a debit memorandum for $300 that covered an NSF check issued by Doris Fisher, a credit customer. The firm's checkbook contained the following information about deposits made and checks issued during April. The balance of the Cash account and the checkbook on April 30, 20X1. was $3.009. DATE TRANSACTIONS April 1 Balance 1. Check 1207 3. Check 1205 5 Deposit 5 Check 1209 10 Check 1210 17 Check 1211 19 Deposit 22 Check 1212 23 Deposit 26 Check 122) 28 Check 1214 30 Check 1215 30 Deposit 56,999 200 490 540 370 3,900 105 290 9 290 340 21 15 340 ences FIRST CITY BANK AND TRUST 1-577-123-9876 MPF Vacations 1718 Jade Lane San Diego, CA 92111-4998 April 1-30, 2010 Account Number: 23-11070-09 Activity Summary Balance, April 1 Deposits and credits withdrals and debits Balance, April 30 $6,999.00 1.120.00 220.00 $ 2,399.00 DEPOSITS/CREDITS WITHOANALS/DEBITS BALANCE $6,999.00 540.00 200.00 490.00 370.00 3.500.00 6.00 DATE DESCRIPTION 4/1/X1 Opening balance 4/6/X1 Deposit 4/6/XI Check No. 1207 4/10/X1 Check No. 1208 4/10/Xi Check No. 1209 4/13/X1 Checko. 1210 4/14/X1 Service fee 4/20/X1 Deposit 4/22/ Checko. 1211 4/25/X1 Deposit 4/26/XI Check No. 1212 4/29/X1 Debit for NSF Check 4/29/XL Check No 1213 Totals 290.00 7,339.00 6.569.00 6.499.00 2.579. 2.573.00 2.569.00 2,258.00 3,000.00 3,629.00 2.739.00 2,399.00 305.00 290.00 300.00 30. 5.720.00 1,120.00 Required: 1. Prepare a bank reconciliation statement for the firm as of April 30, 20X1 2. Record general journal entries for any items on the bank reconciliation statement that must be journalized Analyze What checks remain outstanding after the bank statement has been reconciled? Complete this question by entering your answers in the tabs below. 200.00 190.00 370.00 3.000 200.00 4/6/Check. 1207 4/10/XI Check. 1208 4/10/XI Check H. 1209 4/13. Check No. 1210 4/14/X1 Service fee 4/20/1 Deposit 4/22/X1 Check No. 1211 4/25/XI Deposit 4/26/X1 Check No. 1212 4/29/X1 Debit for NSF Check 4/29/X1 Check No. 1213 Totals 7,339.00 6,849. 6,479.00 2.579.00 2.573.00 2.863.00 2.250.00 3,048.00 3,039.00 2.739.00 2,399.00 105.00 200.00 9.00 300.00 340.00 1,120.00 5.720.00 Required: 1. Prepare a bank reconciliation statement for the firm as of April 30, 20xt 2. Record general journal entries for any items on the bank reconciliation statement that must be journalized Analyze: What checks remain outstanding after the bank statement has been reconciled? Complete this question by entering your answers in the tabs below. Bank Rec General Journal Analyze Prepare a bank reconciliation statement for the firm as of April 30, 20X1. HPF VACATIONS Bank Reconciliation Statement April 30, 20X1 Balance on bank statement Additions Deductions Total deductions Adjusted bank balance Balance in books Deductions Adjusted book balance SER General Journal > Required: 1. Prepare a bank reconciliation statement for the firm as of April 30, 20X1. 2. Record general journal entries for any items on the bank reconciliation statement that must be journalized Analyze: What checks remain outstanding after the bank statement has been reconciled? Complete this question by entering your answers in the tabs below. General Bank Rec Journal Analyze Record general journal entries for any items on the bank reconciliation statement that must be journalized. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction Hist Journal entry worksheet 2 3 Record the deposit in transit. Note: Enter debits before credits General Journal Debit Credit Date April 30, 20X1 Record entry Clear entry View general Journal Bank Rec General Journal Analyze Record general journal entries for any items on the bank reconciliation statement that must be journalized. (If no ent transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Bank Rec General Journal Analyze Record general journal entries for any items on the bank reconciliation statement that must be journalized. (If no entry transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet