BennettM.ACC250.T6.xlsx - HORNGREN'S ACCOUNTING Eleventh Edition P8-33 Requirements 1 Prepare the March bank reconciliation 2 Journalize any

BennettM.ACC250.T6.xlsx - HORNGREN'S ACCOUNTING Eleventh...

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HORNGREN'S ACCOUNTING - Eleventh Edition Chapter 8: Internal Control and Cash Page 1 of 6 P8-33 Requirements 1.Prepare the March bank reconciliation. 2. Solution: Requirement 1 DANIELS CONSULTING Bank Reconciliation March 31, 2017 BANK BOOK Balance, March 31, 2017 $49,123 Balance, March 31, 2017 $51,670 ADD: ADD: No. 210 $ 190 85 No. 211 500 690 7. Service Charge13 132 Adjusted Bank Balance$52,113 Adjusted Bank Balance$52,113 Journalize any transactions required from the bank reconciliation. Compute the adjusted account balance for the Cash T-account, and denote the balance as End. Bal.
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HORNGREN'S ACCOUNTING - Eleventh Edition Chapter 8: Internal Control and Cash Page 2 of 6 Requirement 2 Date Accounts and Explanation Debit Credit 3. Mar. 31 Cash 550 Accounts Receivable 550 To record account recevable from Hip Hop 4. Mar. 31 Cash 25 Interest Revenue 25 To record interest earned on bank balance 5. Mar. 31 Office Supplies 34 Cash 34
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