Essay
Construct a bank reconciliation for Bark Zoo as of April 30, 2019, from the following information:
Ending general ledger balance $5,500
Ending bank statement balance $5,300
Deposit in transit $2,000
Outstanding cheques $1,030, $79, $500 and $100
Bank collected a note from Zebra Co. $ 300
Recorded cheque as $89 instead of $98 on cheque stub. Correct amount on cheque.
Wolf Co. cheque for $200 came back because of insufficient funds
Correct Answer:

Verified
BARK ZOO
BANK RECONCILIATION
AS OF APRIL...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
BANK RECONCILIATION
AS OF APRIL...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q15: Deposits that have been added to the
Q16: Vanessa's Gymnastics' cash register tapes do not
Q17: Petty Cash could be used to purchase
Q18: Petty cash disbursements for expenses should be
Q19: On a bank reconciliation, outstanding cheques are
Q21: The objectives of internal control are to
Q23: When a debit card is used to
Q24: The entry establishing a $150 petty cash
Q58: Using correct cash handling procedures, deposits should
Q78: Any adjustment to the depositor's records because