Problem II

The cash balance per books for Rokary Company on September $30,{2018}_{?}$ is $$10,740\mathrm{.}93.$ The following checks and receipts were recorded during the month of October $2018$:

$\backslash$table$[[$Checks$,,$Receipts$],[$No$.,$Amount,No$.,$Amount,Amount,Date$],[\frac{10}{17},$$$372\mathrm{.}96,\frac{10}{22},$$$578\mathrm{.}84,$$$843\mathrm{.}86,\frac{10}{05}$Problem II

The cash balance per books for Rokary Company on September $30,2018$ is $$10,740\mathrm{.}93.$ The following checks and receipts were recorded during the month of October $2018$:

Checks

No$.$

Amount

No$.$

Amount

$17$

$$372\mathrm{.}96$

$22$

$ $578\mathrm{.}84$

$18$

$$780\mathrm{.}62$

$23$

$$1,687\mathrm{.}50$

$19$

$$157\mathrm{.}00$

$24$

$ $921\mathrm{.}30$

$20$

$$587\mathrm{.}50$

$25$

$ $246\mathrm{.}03$

$21$

$$234\mathrm{.}15$

Receipts

Amount

Date

$$843\mathrm{.}86$

$10/05$

$$941\mathrm{.}54$

$10/21$

$$808\mathrm{.}58$

$10/27$

$$967\mathrm{.}00$

$10/30$

In addition, the bank statement for the month of October $2018$ is presented below:

Balance

Deposits and Credits

Checks and Debits

Last Statement

No$.$

Total Amount

No$.$

Total Amount

Balance

This Statement

$$5,404\mathrm{.}84$

$5$

$$9,178\mathrm{.}36$

$10$

$$3,632\mathrm{.}19$

$$10,951\mathrm{.}01$

Checks and other debits

Deposits

Date

Balance

No$.$

Amount

No$.$

Amount

No$.$

Amount

$14$

$148\mathrm{.}29$

$17$

$372\mathrm{.}96$

$22$

$578\mathrm{.}84$

$5,484\mathrm{.}38$

$10/1$

$$9,875\mathrm{.}31$

$18$

$708\mathrm{.}62$

$24$

$921\mathrm{.}30$

$843\mathrm{.}86$

$10/8$

$$9,219\mathrm{.}03$

$19$

$157\mathrm{.}00$

$25$

$246\mathrm{.}03$

$941\mathrm{.}54$

$10/23$

$$9,541\mathrm{.}58$

$21$

$234\mathrm{.}15$

$25\mathrm{.}00$

SC

$808\mathrm{.}58$

$10/29$

$$10,101\mathrm{.}01$

$240\mathrm{.}00$ NSF

$1,100\mathrm{.}00$ CM

$10/31$

$$10,951\mathrm{.}01$

Symbols: NSF $($Not sufficient funds$)$ SC $($Service charge$)$ CM $($Credit Memo$)$

Check No$.18$ was correctly written for $$708\mathrm{.}62$ for a payment on account $($Accounts Receivable$),$ but incorrectly recorded in the company books $($General Ledger$).$ The NSF check was from S$.$ Long, a customer, in settlement of an accounts receivable. An entry had not been made for the NSF check. The credit memo is for the collection of a note receivable including interest of $$60,$ which has not been accrued $($no han sido contabilizados al preparar la reconciliaci$$n bancaria$).$ The bank service charge is $$25\mathrm{.}00.$

Instructions

$($a$)$ Prepare a bank reconciliation at October $31,2018.$

$($b$)$ Prepare the adjusting journal entries required by the bank reconciliation.