Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bank reconciliation champion wave surf, inc bank r

Bank Reconciliation Champion Wave Surf, Inc Bank Reconciliation The bank statement for the month ending...

70.2K

Verified Solution

Question

Accounting

imageimage

Bank Reconciliation Champion Wave Surf, Inc Bank Reconciliation The bank statement for the month ending March 31, 2007 has just arrived. You need to reconcile the bank account (manually) in the space provided below and then prepare and post the related journal entry (Ref: Bank Rec). Be sure to mark the journal entry as Adjusting Central Coast Credit Union Customer Service (805) 555-BANK 123 Higuera Street San Luis Obispo, CA 93401 Statement for the Month Ending March 31, 2007 16,373.48 Beginning Balance Account 1234567890 Deposits & Credits 10,696.12 Champion Wave Surf Inc Check & Debits 13,431.6 123 Embarcadero Road Ending Balance 13,637.99 Morro Bay, CA 93442 Deposits 4-Mar 471.17 12-Mar 145.00 20-Mar 157.50 4-Mar 468.7 14-Mar 641 11 23-Mar 75.00 25-Mar 200.00 4-Mar 80.81 15-Mar 335.42 5-Mar 365.25 15-Mar 175.00 26-Mar 250.00 293.63 28-Mar 6-Mar 16-Mar 878.80 977.60 Mar 450.00 18-Mar 438.75 29-Mar 119.00 7-Mar 175.00 18-Mar 213.60 50.00 Interest Earned: 8-Mar 19-Mar 225.00 150.00 11-Mar 265.01 19-Mar 31-Mar 27,66 12-Mar 1.189.76 20-Mar 1,777.34 Checks Debits 275.00 10024 8-Mar 1,050.00 10025 485.19 17-Mar 62.00 10026 68.30 18-Mar 457.94 10027 118.73 21-Mar 840,00 0028 459.25 23-Mar 669.14 10029 285.71 23-Mar 1.148.50 10030 174.00 25-Mar 40.95 10031 235.00 27-Mar 65.00 10032 800.00 Other Withdrawals 10033 88.75 119.00 NSF 0034 293.15 30-Mar 12.00 Service Charge 10036 31-Mar 209.00 10037 5.400.00 31-Mar 75.00 Credit Card Processing Fee Bank Reconciliation Champion Wave Surf, Inc Bank Reconciliation The bank statement for the month ending March 31, 2007 has just arrived. You need to reconcile the bank account (manually) in the space provided below and then prepare and post the related journal entry (Ref: Bank Rec). Be sure to mark the journal entry as Adjusting Central Coast Credit Union Customer Service (805) 555-BANK 123 Higuera Street San Luis Obispo, CA 93401 Statement for the Month Ending March 31, 2007 16,373.48 Beginning Balance Account 1234567890 Deposits & Credits 10,696.12 Champion Wave Surf Inc Check & Debits 13,431.6 123 Embarcadero Road Ending Balance 13,637.99 Morro Bay, CA 93442 Deposits 4-Mar 471.17 12-Mar 145.00 20-Mar 157.50 4-Mar 468.7 14-Mar 641 11 23-Mar 75.00 25-Mar 200.00 4-Mar 80.81 15-Mar 335.42 5-Mar 365.25 15-Mar 175.00 26-Mar 250.00 293.63 28-Mar 6-Mar 16-Mar 878.80 977.60 Mar 450.00 18-Mar 438.75 29-Mar 119.00 7-Mar 175.00 18-Mar 213.60 50.00 Interest Earned: 8-Mar 19-Mar 225.00 150.00 11-Mar 265.01 19-Mar 31-Mar 27,66 12-Mar 1.189.76 20-Mar 1,777.34 Checks Debits 275.00 10024 8-Mar 1,050.00 10025 485.19 17-Mar 62.00 10026 68.30 18-Mar 457.94 10027 118.73 21-Mar 840,00 0028 459.25 23-Mar 669.14 10029 285.71 23-Mar 1.148.50 10030 174.00 25-Mar 40.95 10031 235.00 27-Mar 65.00 10032 800.00 Other Withdrawals 10033 88.75 119.00 NSF 0034 293.15 30-Mar 12.00 Service Charge 10036 31-Mar 209.00 10037 5.400.00 31-Mar 75.00 Credit Card Processing Fee

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students