The following information is for Callaho Inc.: a. Balance per the bank statement dated November 30,...

 

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The following information is for Callaho Inc.: a. Balance per the bank statement dated November 30, 2023 is $42,200. b. Balance of the Cash account on the company books as of November 30, 2023 is $33,360. c. Cheque #792, for office supplies in the amount of $643, was recorded in the Cash Disbursements Journal incorrectly as $6,643. d. Included with the bank statement was an NSF cheque for $300 that had been received from a customer in payment of his account. e. Included with the bank statement was a $40 credit memorandum for interest earned on the bank account during the month. f. Cheques written that had not cleared the bank by November 30, 2023 were: # 806: $850 #802: $750 #798: $1,050 #796 $1,200 g. Bank deposit on November 30, 2023 for $750 does not appear on the bank statement. Prepare a bank reconciliation statement as of November 30, 2023, as well as the necessary adjusting journal entries. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Callaho Inc. Bank statement balance, Add: Bank Reconciliation November 30, 2023 Book balance. Add: Deduct: Outstanding cheques: Adjusted bank balance... Date General Journal Account/Explanation F Debit Deduct Page GJ2 Credit Adjusted book balance, The following information is for Callaho Inc.: a. Balance per the bank statement dated November 30, 2023 is $42,200. b. Balance of the Cash account on the company books as of November 30, 2023 is $33,360. c. Cheque #792, for office supplies in the amount of $643, was recorded in the Cash Disbursements Journal incorrectly as $6,643. d. Included with the bank statement was an NSF cheque for $300 that had been received from a customer in payment of his account. e. Included with the bank statement was a $40 credit memorandum for interest earned on the bank account during the month. f. Cheques written that had not cleared the bank by November 30, 2023 were: # 806: $850 #802: $750 #798: $1,050 #796 $1,200 g. Bank deposit on November 30, 2023 for $750 does not appear on the bank statement. Prepare a bank reconciliation statement as of November 30, 2023, as well as the necessary adjusting journal entries. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Callaho Inc. Bank statement balance, Add: Bank Reconciliation November 30, 2023 Book balance. Add: Deduct: Outstanding cheques: Adjusted bank balance... Date General Journal Account/Explanation F Debit Deduct Page GJ2 Credit Adjusted book balance,