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- /20 Question 4 of 10 View Policies Current Attempt in Progress The bank portion of last month's bank reconciliation for Carla Vista Limited at October 31 is shown here: CARLA VISTA LIMITED Bank Reconciliation October 31 Cash balance per bank Add: Deposits in transit $ 25,140 2,620 27,760 Less: Outstanding cheques #2472 $ 1,510 #2473 1,570 #2474 1,079 4.159 Reconciled cash balance $ 23,601 The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank reconciliation at October 31. The November bank statement showed the following: CARLA VISTA LIMITED Bank Statement November 30 Amounts Deducted from Account (Debits) Amounts Added to Account (Credits) Date Description Balance Oct. 31 25,140 Nov. 1 Cheque, No. 2472 1,510 23.630 1 2,620 26,250 Deposit Cheque, No. 2473 2 N 1,570 24.680 3 Deposit 2,265 26,945 4 Cheque, No. 2475 3,060 23,885 7 Deposit 1,930 25,815 00 8 Cheque, No. 2476 5,900 19.915 10 Cheque, No. 2477 1.400 18.515 14 Deposit 4.780 23,295 15 3,200 20,095 Cheque, No. 2478 EFT, salaries 15 6,200 13,895 20 Deposit 5,890 19,785 25 Returned cheque-NSF, Giasson Developments 600 19,185 25 NSF fee 8 19,177 26 Cheque, No. 2479 1,340 17,837 27 Deposit 3.200 21.037 28 4,507 25,544 EFT, collection of note receivable and interest Cheque, No. 2481 30 1,079 24,465 30 EFT, salaries 6,200 18.265 30 Bank service charges 5 18,260 The cash records per books for November showed the following: Cash Receipts Date Amount Date Cash Payments Number 2475 Amount $3,060 Nov. 3 $2,265 Nov. 1 7 1,930 2 2476 5,000 12 4,780 N 2 2477 1,400 20 5.908 8 2478 3.200 27 3,200 15 2479 1,340 30 3,350 15 EFT, salaries 6,200 $ 21,433 18 2480 1,276 20 2481 1,079 29 2482 1,660 30 EFT, salaries 6,200 $ 30,415 1. 2. Additional information: The EFT collection on November 28 was not previously recorded. The collection of the note was for $4,000, plus $ 507 interest. Interest was not previously accrued. EFT payments are recorded when they occur. The bank did not make any errors. Two errors were made by the company: one in recording a cheque and one in recording a cash receipt. The correction of any errors in the recording of cheques should be made to Accounts Payable. The correction of any errors in the recording of cash receipts should be made to Accounts Receivable. 3. 4. a) (a) Calculate the cash balance per books as at November 30, prior to reconciliation Cash balance per books $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit

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