Question: Question 14 The following errors were found when the controller at Crane Hotel was doing the March 31 bank reconciliation 1. On March 5, Crane

 Question 14 The following errors were found when the controller at
Crane Hotel was doing the March 31 bank reconciliation 1. On March

Question 14 The following errors were found when the controller at Crane Hotel was doing the March 31 bank reconciliation 1. On March 5, Crane recorded a payment of an account payable as $2,350. The correct amount was $1,380. It was correctly recorded by the bank. 2. On March 19, Crane recorded a deposit as $3,490. The correct amount was $4,170. The deposit was for the collection of an account receivable and the bank recorded it correctly. 3. On March 31, the bank recorded a deposit as $5,520. The correct amount was $2,050. This error was corrected by the bank on April 1. Crane had correctly recorded the deposit. For each of these errors indicate if and how it would be shown on the bank reconciliation 1. 2 SHOW LIST OF ACCOUNTS LINK TO TEXT w you earn its based on the Point Potential Policy shy you are (b) For each of these errors, prepare an adjusting entry for Crane if required. (Credit account titles are automatically indented entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation 1. Mar. 31 Debit Credit 2. Mar. 31 3. Mar. 31 SHOW LIST OF ACCOUNTS LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. bacy Policx 2000-2020 cho Wiesos. Inc. All Rights Reserved. A Dicon of seases Attempts MacBook Air DOO F2 F3 000 F4 55 Fe F8 59 @ 17

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