Question: The bank statement of Gurgle Ltd shows the balance of cash on 31 March 2008 as a credit of $38,000. The cheques written by Gurgle that were outstanding at the end of March were $400 (No. 301), $890 (No. 302), $600 (No. 303). The monthly bank service charge ($61) and interest earned on the account ($147) were reported on the bank statement but not on the company's records. A cheque for $494 written by the Mean Corporation, a customer, was dishonoured due to insufficient funds.
The general ledger reports the balance of the Cash at Bank account as a debit of $38,969. Two transactions in the Cash Receipts Journal were not found on the bank statement. They were customer cheques for $2,200 (received on 29 March) and $242 (received on 30 March). These cheques were deposited in the bank on 30 March. The accountant found that cheque no 304 ($732) for office supplies was recorded as $723 in the Cash Payments Journal. The original credit purchase was recorded correctly and matched the amount in the bank statement.
a) Complete the following bank reconciliation statement. Give your answers in dollars to the nearest dollar.
b) Prepare the journal entry to record bank charges for the month of March 2008.
c) Prepare the journal entry to record interest earned on 31 March.
d) Prepare the journal entry to correct the error in recording cheque no 304 on 31 March.
有冇人可以教我做 Bank Reconciliation??
2008-04-22 2:34 am
回答 (2)
2008-04-22 10:10 pm
✔ 最佳答案
Step1The Journal
--------------------------------------------------------$--------$---
b)2008
.March
Bank service charge---------------------------------61
----Bank(cash book)------------------------------------------61
c)Bank(cash book)----------------------------------147
-------Interest earned-----------------------------------------147
d)Suspense--------------------------------------------9
-----Bank(cash book)-----------------------------------------9
Account for (d):
original:
Dr purcahse--------------------------$732
Cr office supplies(creditors)--------$732
Dr office supplies(creditors)--------$732
Cr Bank (cash book)-----------------$723
〔Cr suspense--------------------------$9〕
提示：看清楚原本的狀況，才能作相應的修正
a) Bank reconciliation statement
----------------------------------------------------------$----------------$--
Balance as at cash book(balancin fig. or from*)---------------------38,552
Add Unpresented cheque
(No. 301)---------------------------------------------400
(No. 302)---------------------------------------------890
(No. 303)---------------------------------------------600
-----------------------------------------------------------------------1,890
Less Uncerdited cheque/not yet recorded...--------2,200
--------------------------------------------------------242
----------------------------------------------------------------------2,442
Balance as at bank statement(given)----------------------------38,000
*-updating cash book balance(for check ans. or Step2)
-------------------------------------------------------$
Cash book bal. before adjustment(given)------38,969
Add interest earned------------------------------147
Less
bank charge----------------------------------------61
dishonored cheque-------------------------------494
Error in cash book---------------------------------9
*Updated cash book balance(from a)-----------38,552
2008-04-22 14:20:29 補充：
題目文字雖多，但淺白直接，其實不難做，
起碼不用自己找這個找那個，錯漏較少。
比起少文字，帶複雜的bank statement+cash book的題目來得好(好很多）
所以，不要隨便放棄文字多點點的題目，看清楚一點也不遲，
否則「走寶」
2008-12-04 10:27 am
I approved what you did above. However, I am wondering why did you do the statement in reverse?
收錄日期: 2021-04-14 20:36:25
原文連結 [永久失效]:
https://hk.answers.yahoo.com/question/index?qid=20080421000051KK01838