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Name: Class Time: Problem: Cubs Hotel received the following bank statement for October State Bank & Trust 100 N. State Street Chicago, IL 63100 Cubs Hotel 1060 N. Addison Chicago, 11 63111 Bank Statement Account # 34-002231 October 31, 2016 $15,000 $7,000 Beginning Balance 10/1/2016 Total Deposits and credits Total Checks and debits Ending Balance 10/31/2016 $16,000 Checks and Debits Check Number 1462 1463 1464 1465 1466 1467 DM 1468 Amount $1,163.00 62.00 1,235.00 750.00 1,111.00 964.00 15.00 700.00 Date October October 2 October 6 October 12 October 17 October 22 CM $1,000.00 1,340.00 210.00 1,940.00 855.00 1,480.00 175.00 The hotel's unadjusted cash balance was $16,868 on October 31. During October, the hotel recorded the following checks and deposits: Date October October 5 Check Number 1463 1464 1465 1466 1467 1468 1469 1470 Check Amount Date October 1 October5 October 6 October 9 October 10 October 14 October 19 October 28 $1,340.00 210.00 S 62.00 1,235.00 750.00 1,111.00 964.00 70.00 1,500.00 102.00 October 10 1,940.00 October 16 October 19 October 29 855.00 1,480.00 2,000.00 Other Information: The hotel has properly accounted for all tems (including bank reconciliations) in previous months Check #1462 was outstanding from September. . The credit memo was for collection of an account receivable. All checks were paid at the correct amount during the period. . The debit memo was for service charges. . The September 30 bank reconciliation included a deposit in transit of $1,000. Check #1468 was for the purchase of equipment. Required: Use the information above to complete a bank reconciliation as of October 31 for Cubs Hotel. Use the template on the following page

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