The accountant for Jerico Co. has provided you with the following information for the month of March
Question:
The accountant for Jerico Co. has provided you with the following information for the month of March 2021.
Prepare the bank reconciliation as at March 31, 2021 using the drop-down menus below.
MARINA BANK | BANK STATEMENT OF JERICO CO. | MONTH OF MARCH 2021 | ||
DATE | DESCRIPTION | WITHDRAWALS | DEPOSITS | BALANCE |
Balance Forward | Balance Forward | 8500.00 | ||
March 1 | Deposit | 2000.00 | 10500.00 | |
March 6 | Chq 335 | 750.00 | 9750.00 | |
March 12 | Chq 337 | 135.00 | 9615.00 | |
March 19 | NSF | 500.00 | 9115.00 | |
March 21 | Deposit | 3000.00 | 12115.00 | |
March 28 | Chq 338 | 450.00 | 11665.00 | |
March 31 | Service Charges | 75.00 | 11590.00 |
ACCOUNT: CASH | ACCT 1000 | |||
DATE | REFERENCE | DEBIT | CREDIT | BALANCE Dr (Cr) |
Opening Balance | 8500.00 | |||
March 1 | Deposit | 2000.00 | 10500.00 | |
March 3 | Deposit | 1000.00 | 11500.00 | |
March 4 | Chq 335 | 750.00 | 10750.00 | |
March 9 | Chq 336 | 2500.00 | 8250.00 | |
March 10 | Chq 337 | 135.00 | 8115.00 | |
March 18 | Deposit | 3000.00 | 11115.00 | |
March 28 | Chq 338 | 450.00 | 10665.00 |
Answer:
Jerico Co
Bank Reconciliation
March 31, 2021
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,