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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
Prepare any necessary journal entries based on the following data regarding the bank reconciliation prepared by Ragoon Services on May 31, 2014.

a) Outstanding cheques amount to $1,650.
b) The service charges for February amount to $35.
c) Cheque #665 for $3,640 for the cash purchase of office equipment was erroneously recorded by the bookkeeper as $364.
d) The bank erroneously credited  Ragoon Services' account for $300 for a deposit made by Lagoon Company.
e) A deposit ticket correctly prepared for $975 appeared on the bank statement as a deposit for $795.
f) Cheque #650 for $1,000 for utilities expense was erroneously recorded by the bookkeeper as $100.
g) A customer's cheque for $450 was returned with the bank statement and stamped NSF.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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harra Author
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6 years ago
Just got PERFECT on my quiz
ky
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Yesterday
Good timing, thanks!
einstein
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2 hours ago
This helped my grade so much Perfect
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