Question: Question 2 ( 2 0 marks ) The following data have been gathered for Rocky Fudge for the month ended September 3 0 , Year

 Question 2(20 marks) The following data have been gathered for Rocky

Question 2(20 marks)
The following data have been gathered for Rocky Fudge for the month ended September 30, Year 9:
The bank statement has a balance of $8,936.
The September 30, Year 9, book balance was $3,200.
There was an EFT deposit of $1,800 on the bank statement for the monthly rent from a tenant.
The bookkeeper had erroneously recorded a $50 cheque as $500. The cheque was to settle an account payable.
The bank statement revealed $50 in service charges.
Cheques #322 and #330 for $260 and $285 were not returned with the bank statement.
A deposit made on September 29, Year 9, for $1,250 did not appear on the bank statement.
A deposit of $500 made on September 10 was erroneously credited to Rocky Fudge's account by the bank for $5,000.
A bank debit memo indicated an NSF cheque for $259.
Required
a. Based on the above information, prepare a bank reconciliation.
b. Based on the above information, prepare the required journal entries. Please leave one empty row between each journal entry.
Fudge for the month ended September 30, Year 9: The bank statement

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