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Problem 7-5A Bank Reconciliation with Adjusting Entries *

3,515.60 12 Cheque #889 18 Deposit 20 Cheque #890 21 Cheque #891 24 Cheque #892 26 Cheque #893 29 Deposit GJ16 GJ16 GJ16 GJ16 GJ16 GJ16 GJ16 974.12 3,288.63 6,804.23 2,640.00 4,164.23 1,406.24 2,757.99 2,590.81 167.18 75.99 91.19 1,936.54 1,845.35 The following bank statement is available for June: Bank Statement To: Gatz Company Cheques/Charges Deposits/Credits 05/31 06/01 982.17 06/09 4,285.26 06/18 June 30, 2020 Bank of Montreal Balance 9,564.35 10,433.82 8,568.52 12,197.79 11, 223.67 9,423.67 12,694.12 12,043.28 10,997.04 8,978.59 8,903.59 INT = Interest #884 06/01 #883 06/04 #876 06/09 #889 06/12 #882 06/14 #887 06/18 #885 06/20 #891 06/21 #886 06/29 SC 06/30 NSF = Not Sufficient Funds 3,515.60 112.70 1,865.30 655.99 974.12 1,800.00 245.15 650.84 1,046.24 2,018.45 75.00 SC = Service Charge 06/30 PMT = Principal Payment a. Prepare a bank reconciliation at June 30, 2020. Assume that any errors made were by the bookkeeper (cheque #887 was for office supplies; cheque #891 was for utilities expense). (Round your answers to 2 decimal places.) GATZ COMPANY Bank Reconciliation June 30, 2020 Bank Statement Company's Books Bank statement balance Add: Book balance Add: Deduct: Deduct: Outstanding cheques: Adjusted bank balance Adjusted book balance Journal entry worksheet Record to account for error in Cheque #887. Note: Enter debits before credits. General Journal Debit Credit Date June 30 Journal entry worksheet

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