Hligerald Company maintains a checking account at the Bank of the North The bank provides...
90.2K
Verified Solution
Question
Accounting
Hligerald Company maintains a checking account at the Bank of the North The bank provides a bank statement song with canceled checks on the last day of each month. The October 312018, bank statement included the following formation $ 33,50 89,000 174.2001 (4101 Balance October 1, 2018 Depot Check Pocessed Service change checks Monthly loan payment det directly by bank from selde in start Istance, October 11, 2018 14.01 27.000 The company's general ledger cash checking account had a balance of $42.658 at the end of October Deposits outstanding totaled $4,284, and all checks written by the company were processed by the bank except for the totaling 55.600. In addition, a check for 5560 for the purchase of office furniture was incorrectly recorded by the company as a 556dbursement. The bank conect processed the check during October Required: t. Prepare a bank reconciliation for the month of October 2. Prepare the necessary journal entries at the end of October to adjust the general ledger cash account Hligerald Company maintains a checking account at the Bank of the North The bank provides a bank statement song with canceled checks on the last day of each month. The October 312018, bank statement included the following formation $ 33,50 89,000 174.2001 (4101 Balance October 1, 2018 Depot Check Pocessed Service change checks Monthly loan payment det directly by bank from selde in start Istance, October 11, 2018 14.01 27.000 The company's general ledger cash checking account had a balance of $42.658 at the end of October Deposits outstanding totaled $4,284, and all checks written by the company were processed by the bank except for the totaling 55.600. In addition, a check for 5560 for the purchase of office furniture was incorrectly recorded by the company as a 556dbursement. The bank conect processed the check during October Required: t. Prepare a bank reconciliation for the month of October 2. Prepare the necessary journal entries at the end of October to adjust the general ledger cash account

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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.