Journal entry worksheet Note: Enter debits before credits. Problem 4-3B (Algo) Prepare the bank reconciliation and record cash adjustments (LO4-5) The cash records and bank statement for the month of July for Ravine Incorporated are shown below. Prepare a bank reconciliation for Ravine's checking account on July 31,2024 . (Amounts to be deducted should be indicated with a minus sign. Total entries to the same account together when entering in the bank reconciliation.) Record the entries that decrease cash. Vote: Enter debits before credits. Description DEP Customer deposit INT Interest earned SF Service fees NOTE Note collected CHK Customer check NSF Nonsufficient funds EFT Electronic funds transfer DC Debit card Additional information: a. The difference in the beginning balances in the company's records and the bank statement relates to check number 530, which is outstanding as of June 30, 2024. b. The debit card transaction for the purchase of equipment on 7/19 is correctly processed by the bank. c. The EFT on July 26 in the bank statement relates to the purchase of office supplies
Other questions asked by students
Reinforced Concrete – concept and conditions to be fulfilled.
suppose we take a die with 3 on three sides 2 on two sides and...
Why may a cheap location not be the best location, and why is it costly for...
B Examine each example Indicate if each of the following is an example of dehydration...
Simplifysec(t) - cos(t)/ sin(t). to a single trig function with no fractions.
Consider n independent trials of an experiment in which each trial has two possible outcomes...
p1 Exercise 26-3 (Algo) Payback period and unequal cash flows LO...
Arab American University sells 5,000 season basketball tickets at $100 each for its 5 games...
Mint Cleaning Inc. prepared the following unadjusted trial balance at the end of its second...