FALL Bank Reconciliation SATLY II Company has a cash balance in statement for the...
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FALL Bank Reconciliation SATLY II Company has a cash balance in statement for the date shows a balance of 4 not yet cleared the bank. Also a deposit in the amoun y has a cash balance in its hooks on December 31. in the amount of $4,000. The bank same date shows a balance of $4900 Itc hserved that cheques in the amount of $500 had bank. Also a deposit in the amount of $400 was made late on the l of December and the bank due to insufficient funds. A customer's note wing up on the bank statement. A check from Mr. Smith in the amount of $100 was returned by to insufficient funds. A customer's note was collected by the bank on the company's chart in the ont of S1,100 less a S50 service fee to the heat Thehakha ditional debit memorandum of 30 to e company for other miscellaneous service fees. The counts clerk wrote a check to pay the Utilities expense in the amount of $300 but mistakenly wrote in the records as $200 (the bank cashed it for the correct 300 dollar amount) this error needs to be corrected. c. Prepare a bank reconciliation in good form as of December 31 d. Prepare the adjusting general journal entries required to correct SATLY II Company's books Date PR Debit Credit
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